Gregory Maxwell [ARCHIVE] on Nostr: đź“… Original date posted:2013-07-17 đź“ť Original message:On Wed, Jul 17, 2013 at ...
đź“… Original date posted:2013-07-17
đź“ť Original message:On Wed, Jul 17, 2013 at 3:26 PM, Michael Gronager <gronager at mac.com> wrote:
> However, by having a merkle tree hash of all UTXOs they become downloadable in a trusted manner from any other client - something that enables bootstrap in minutes, so the old numbers becomes less relevant in this setting.
This, however, reduces the node to SPV security of the past history.
Particularly for a wallet client— as opposed to a miner or what have
you— if you are willing to accept SPV security you could simply be an
SPV client.
(I like committed UTXO trees, and I believe I was the first person to
suggest them— but I think it's good to not over-hype what they do!)
đź“ť Original message:On Wed, Jul 17, 2013 at 3:26 PM, Michael Gronager <gronager at mac.com> wrote:
> However, by having a merkle tree hash of all UTXOs they become downloadable in a trusted manner from any other client - something that enables bootstrap in minutes, so the old numbers becomes less relevant in this setting.
This, however, reduces the node to SPV security of the past history.
Particularly for a wallet client— as opposed to a miner or what have
you— if you are willing to accept SPV security you could simply be an
SPV client.
(I like committed UTXO trees, and I believe I was the first person to
suggest them— but I think it's good to not over-hype what they do!)