Re: [Bitcoin-development] SPV bitcoind? (was: Introducing BitcoinKit.framework)

[Mike Hearn <mike@plan99.net>]

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Is that still accurate Michael?


On Wed, Jul 17, 2013 at 4:58 PM, Wendell <w@grabhive.com> wrote:

> "The libcoin/bitcoind client downloads the entire block chain 3.5 times
> faster than the bitcoin/bitcoind client. This is less than 90 minutes on a
> modern laptop!"
>
> Good lord Michael, I wish we had known about libcoin a month ago!
>
> -wendell
>
> grabhive.com | twitter.com/grabhive
>
> On Jul 17, 2013, at 4:31 PM, Michael Gronager wrote:
>
> > Hi Wendell,
> >
> > What Peter describes (a hash of the current set of UTXOs as part of the
> coinbase) is already implemented in libcoin, on which you can easily build
> both a bitcoind and any client. Libcoin is a library originally based on
> the satoshi client, and as such it is compatible/replacable with "master".
> >
> > Have a look at github.com/libcoin/libcoin and look in the
> BlockChain.h/cpp and the MerkleTrie classes then you can see how it works.
> >
> > What is missing from libcoin is a scheme to bootstrap the hash of UTXOs,
> there is some stub code for a p2pool like mining scheme ensuring several
> UTXO hashes every 10 minutes, but I will not have time to finalize it the
> first few months - anyone are of course welcome to help out ;)
> >
> > Michael
>
>
>
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