[Bitcoin-development] Bitcoind-in-background mode for SPV wallets

Mike Hearn mike at plan99.net
Thu Apr 10 11:45:16 UTC 2014

> Oh yeah, credit goes to Mike Hearn for the payment channels, and if I'm
> correct, for the hub concept as well.

Actually, the design is from Satoshi and Matt did most of the
implementation work last year during a Google internship. Though I ended up
doing a lot of work on it too. We actually got pretty far: there was
Android UI for it and a couple of apps we coded up. I wish we could have
pushed it over the finishing line and got real world usage. Hopefully we
can return to it someday soon.

I think the hub/spoke concept was invented by goldsmiths in 16th century
Italy, as they started handing pieces of paper across their benches, or
*bancos* in Italian   :-)
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