You can also install it by directly downloading from Bitcoin Official website. We will install it as snap by using snap install bitcoin-core command as shown below. There are multiple ways to install bitcoin-core package on Ubuntu/Debian based System but here we are going to use the most simplest one. If needed, you can also run apt upgrade or apt-get upgrade to install the latest security patches and upgrade all the installed packages to the latest version. ![]() How to Install and Setup Bitcoin Core on Ubuntu 20.04 LTSĪlso Read: How to Install and Use Docker on Ubuntu 20.04 LTS Step 1: PrerequisitesĪ) You should have a running Ubuntu 20.04 LTS Server.ī) You should have sudo or root access to run privileged commands.Ĭ) You should have autoconf and boost package installed in your System.ĭ) You should also have git and snap utility available in your System.įirst you need to update your Server using apt update or apt-get update command as shown below. What is Bitcoinīitcoin is a decentralized digital currency created in 2009 that uses peer to peer technology to facilitate instant payments. The users of Bitcoin Core only accept transactions for that block chain, making it the Bitcoin block chain that everyone else wants to use. According to Official website, Bitcoin Core is programmed to decide which block chain contains valid transactions. ![]() In this article, I will take you through the steps to Install and Setup Bitcoin Core on Ubuntu 20.04 LTS.
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