Wladimir [ARCHIVE] on Nostr: 📅 Original date posted:2014-06-24 📝 Original message:> But IMO this is a passed ...
📅 Original date posted:2014-06-24
📝 Original message:> But IMO this is a passed stage. SPV wallets w/ Bloom filtering can
> work without any special servers, so why require a 'close binding' to
> a trusted bitcoin core?
To clarify (and not piss off ThomasV :-): I do not think the idea of
having servers with a reputation of their own is a passed stage. There
are many things that cannot be done at SPV level security with just
the P2P protocol yet. So having fewer but more trusted Electrum
servers is a reasonable compromise.
But for basic wallet functionality it isn't necessary.
Wladimir
📝 Original message:> But IMO this is a passed stage. SPV wallets w/ Bloom filtering can
> work without any special servers, so why require a 'close binding' to
> a trusted bitcoin core?
To clarify (and not piss off ThomasV :-): I do not think the idea of
having servers with a reputation of their own is a passed stage. There
are many things that cannot be done at SPV level security with just
the P2P protocol yet. So having fewer but more trusted Electrum
servers is a reasonable compromise.
But for basic wallet functionality it isn't necessary.
Wladimir