Bitcoin Core v32.0 Release Candidate Released with Improved Fee Estimation

Bitcoin Core v32.0 release candidate has been released and is targeting a final version by October 10th.

The new version includes improved fee estimation and block verification processes.

The current Bitcoin Core version freezes new feature additions on August 20th, moving to a bug-fixing phase.

v32.0 features a new way of estimating fees based on both past transactions and currently pending ones.

This approach allows the software to choose the lower estimate between the two methods, which is then used for wallet settings.

Another improvement in v32.0 is the accelerated block verification process, where necessary data is pre-fetched from the database in multiple steps, reducing disk access time.

v32.0 also changes how unconfirmed transactions are relayed between nodes, introducing a new mechanism to batch and manage pending transactions more efficiently.