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From: Gregory Maxwell <gmaxwell@gmail.com>
To: Michael Gronager <gronager@mac.com>
Cc: Bitcoin Dev <bitcoin-development@lists.sourceforge.net>
Subject: Re: [Bitcoin-development] SPV bitcoind? (was: Introducing BitcoinKit.framework)
Date: Wed, 17 Jul 2013 16:04:33 -0700	[thread overview]
Message-ID: <CAAS2fgSDCOFk=7mVVuTKBHvCP+C+2KiE8sq8+JuSDVRz1hz4cw@mail.gmail.com> (raw)
In-Reply-To: <EFFD62F8-8066-4B56-8331-1F1A8D7FF3C2@mac.com>

On Wed, Jul 17, 2013 at 3:26 PM, Michael Gronager <gronager@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!)



  reply	other threads:[~2013-07-17 23:04 UTC|newest]

Thread overview: 37+ messages / expand[flat|nested]  mbox.gz  Atom feed  top
2013-07-15 10:07 [Bitcoin-development] Introducing BitcoinKit.framework Wendell
2013-07-15 13:19 ` Mike Hearn
2013-07-15 14:39   ` Wendell
2013-07-15 15:48     ` Mike Hearn
     [not found]       ` <3E7894A0-06F3-453D-87F8-975A244EBACF@include7.ch>
2013-07-15 20:08         ` Mike Hearn
     [not found]           ` <2BDA0943-22BB-4405-9AF0-86FB41FD04A6@include7.ch>
2013-07-16  9:21             ` Mike Hearn
     [not found]               ` <2F20A509-13A9-4C84-86D7-A15C21BACD53@include7.ch>
2013-07-16  9:51                 ` Mike Hearn
2013-07-16 10:17                   ` Wendell
2013-07-16 10:59                     ` Mike Hearn
2013-07-16 14:16                       ` [Bitcoin-development] SPV bitcoind? (was: Introducing BitcoinKit.framework) Wendell
2013-07-16 15:09                         ` Mike Hearn
2013-07-17 10:58                         ` Peter Todd
2013-07-17 12:29                           ` Mike Hearn
2013-07-17 14:32                             ` [Bitcoin-development] SPV bitcoind? Andreas Schildbach
2013-07-17 19:32                               ` Mike Hearn
2013-07-18 12:13                             ` [Bitcoin-development] SPV bitcoind? (was: Introducing BitcoinKit.framework) Peter Todd
2013-07-18 13:18                               ` Peter Todd
2013-07-18 13:38                               ` Mike Hearn
2013-07-17 13:37                           ` Wendell
2013-07-17 14:31                             ` Michael Gronager
2013-07-17 14:58                               ` Wendell
2013-07-17 19:33                                 ` Mike Hearn
2013-07-17 22:26                                   ` Michael Gronager
2013-07-17 23:04                                     ` Gregory Maxwell [this message]
2013-07-18  8:19                                     ` Mike Hearn
2013-07-18 11:40                                       ` Bazyli Zygan
2013-07-18 13:03                                         ` Michael Gronager
2013-07-18 13:16                                           ` Michael Gronager
2013-07-18 16:22                             ` Peter Todd
2013-07-18 16:46                               ` Wendell
2013-07-18 23:03                                 ` Peter Todd
2013-07-21 15:55                       ` [Bitcoin-development] Introducing BitcoinKit.framework Pieter Wuille
2013-07-21 17:20                         ` Mike Hearn
2013-07-22 13:08               ` Mike Hearn
     [not found] <mailman.108889.1374064174.4583.bitcoin-development@lists.sourceforge.net>
2013-07-17 12:37 ` [Bitcoin-development] SPV bitcoind? (was: Introducing BitcoinKit.framework) Tamas Blummer
2013-07-17 12:50   ` Peter Todd
2013-07-17 13:56   ` Mike Hearn

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