Share this article

New Bitcoin Core Release Gives Boost to Block Relay Network

The latest software release from the Bitcoin Core development community provided a boost to a network aimed at broadcasting blocks more quickly.

Updated Sep 11, 2021, 1:09 p.m. Published Mar 10, 2017, 4:25 p.m.
Relay

The latest software release from the Bitcoin Core development community provided a boost to a network aimed at broadcasting transaction blocks more quickly around the world.

The Fast Internet Bitcoin Relay Engine, or FIBRE, was unveiled last summer as successor to the earlier Bitcoin Relay Network. Previously described as a kind of "nervous system" for the network, the concept at its heart seeks to enable miners to gain access to block data more quickly, helping them avoid creating orphan blocks, for one.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters

As shown on GitHub, FIBRE got some bug fixes along with its first release tied to Core's latest software version. But according to Core contributor Matt Corallo, it was work connected to compact blocks – as well as development related to how efficiently nodes on the network can transmit data – that resulted in a boost to FIBRE’s ability to move block information worldwide.

Corallo explained:

"One of the key stats I track is reliability of sources for given miners. eg if Bitfury finds a block in Georgia, and my public network receives the block via some node that is in the US, that’s a pretty good indicator that something is amiss and there is room for optimization. Even worse, if I don’t receive the block reliably from the same nodes every time, that’s a pretty good indicator that the block is taking a hop somewhere else before I get it, again, room for optimization."

Corallo went on to say that he has “noticed a remarkable improvement here” since the shift to 0.14.0 began.

"Bitfury is especially noticeable, but also my block sources from a few of the Chinese pools have gotten much more stable," he added.

Image via Shutterstock

Lebih untuk Anda

Protocol Research: GoPlus Security

GP Basic Image

Yang perlu diketahui:

  • As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
  • GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
  • Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.

Lebih untuk Anda

Bitcoin Faces Japan Rate Hike: Debunking The Yen Carry Trade Unwind Alarms, Real Risk Elsewhere

japan, flag. (DavidRockDesign/Pixabay/Modified by CoinDesk)

Speculators maintain net bullish positions in the yen, limiting scope for sudden JPY strength and mass carry unwind.

Yang perlu diketahui:

  • Impending BOJ rate hike largely priced in; Japanese bond yields near multi-decade highs.
  • Speculators maintain net bullish positions in the yen, limiting scope for sudden yen strength.
  • BOJ tightening may contribute to sustained upward pressure on global yields, impacting risk sentiment.