What does Bitcoin upgrade mean (how to upgrade the Bitcoin wallet version)

What does Bitcoin upgrade mean (how to upgrade the Bitcoin wallet version)

What does Bitcoin upgrade mean? Bitcoin upgrade means improving the efficiency and scalability of blockchain through hard forking. The process of updating in Bitcoin will result in many new changes, protocols, or functions. Upgrade “refers to the need to change certain features to make a block more secure when it contains a large number of transactions. Therefore, if a new block is not added to the main network, various problems will arise. And ‘upgrading’ can also explain why this technology needs to be upgraded, as well as its impact on the Bitcoin network

How to Upgrade Bitcoin Wallet Version

According to Bitcoin, the software version v1.8.0 of Bitcoin Wallet has undergone a major update on June 15th. This version is mainly aimed at users who use the old version of Bitcoin hardware wallet, and has added more features to improve security and ease of use: users will need to download a new version of the wallet; Added support for new transaction passwords, mnemonics, and other information in the old version; Add wallets that support other types of assets and related services, such as payment processors or browser plugins.

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