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Running Bitcoin Core for the first time If you download an installable package, such as an EXE, DMG or PPA, you can install it the same way as any application on your operating system. For Windows, run the EXE and follow the step-by-step instructions. For Mac OS, launch the DMG and drag the Bitcoin-QT icon into your Applications folder. For Ubuntu, double-click on the PPA in your File Explorer and it will open the package manager to install the package. Once you have completed installation you should have a new application “Bitcoin-Qt” in your application list. Double-click on the icon to start the bitcoin client. The first time you run Bitcoin Core it will start downloading the blockchain, a process that may take several days. Leave it running in the background until it displays “Synchronized” and no longer shows “Out of sync” next to the balance. Bitcoin Core keeps a full copy of the transaction ledger (block‐ chain), with every transaction that has ever occurred on the bitcoin network since its inception in 2009. This dataset is several gigabytes in size (approximately 16GB in late 2013) and is downloaded incre‐ mentally over several days. The client will not be able to process transactions or update account balances until the full blockchain da‐ taset is downloaded. During that time, the client will display “Out of sync” next to the account balances and show “Synchronizing” in the footer. Make sure you have enough disk space, bandwidth and time to complete the initial synchronization. 32 | Chapter 3: The Bitcoin ClientPDF Image | Mastering Bitcoin
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