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Consequences of turning on pruning setting in Bitcoin core after initial block download

No, when turning on pruning for a node with a full copy of the blockchain, it simply discards the oldest part of the blockchain down to the specified limit of what's to be kept. You only need to ...
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What does enabling coinstatsindex in my bitcoin.conf file do for my node?

Yes, it is used by the gettxoutsetinfo RPC to provide information about the current UTXO. it is essentially a database that stores information about each block in the blockchain, including the number ...
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