The Bitcoin
daemon, also known as Bitcoind, runs a Bitcoin node and wallet in the background
of an operating system. It's a service that allows users to control the Bitcoin
network locally or remotely. The Bitcoin
daemon, also known as Bitcoind, runs a Bitcoin node and wallet in the background
of an operating system. It's a service that allows users to control the Bitcoin
network locally or remotely.
What it does:
Validates transactions
The daemon verifies transactions and blocks according to the Bitcoin protocol.
Stores and exchanges blocks
The daemon stores and exchanges blocks with other nodes to maintain consensus.
Maintains connections
The daemon initiates and maintains connections with other nodes.
Processes messages
The daemon processes messages from other nodes and sends messages to other
nodes.
Manages the wallet
The daemon manages the local wallet and associates transactions with bitcoin
addresses.
How it's used:
The daemon can be integrated with other software or in larger payment systems.
The daemon can be controlled locally or remotely using a JSON-RPC interface.
The daemon can be started automatically each time a computer boots.
How it's configured:
The daemon's configuration options include rpcallowip, rpcbind, datadir, and
maxconnections.
https://en.bitcoin.it/wiki/Bitcoind
https://www.google.com/search?q=what+does+the+bitcoin+daemon+do