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I use Bitcoin Core v0.12.1 (64bit) for Windows as my desktop wallet for transactions on the regular web. I am just getting set up to use Tor. I would like to configure Bitcoin Core for use on Tor as well. When I opened Settings|Options|Network tabs I found a pre-checked marked box labeled "Allow incoming Connections" In addition to that I have checked marked the box labeled "Use Separate SOCKS5 proxy to reach peers via Tor hidden services" ProxyIP: 127.0.0.1 Port:9050.

Is this all that I really need to do? I've been reading up on bitcoin.conf and the command line options. It all seems horribly complex. I'm just an average schmo not some power user. I wouldn't know which options to pick or what values to assign. I would appreciate any thoughts and suggestions on the subject.

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Yes, following this guide should be all you need to do. It sounds like you've already done that.

Alternatively, I've found that it's cheap and easy to set up a TOR wifi access point that you can connect to, and then all network traffic is proxied over TOR. That way, neither your local computer nor your Bitcoin Core installation need any special configuration.

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