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

Peter Todd pete at petertodd.org
Thu Apr 10 11:52:34 UTC 2014


-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA512



On 10 April 2014 07:45:16 GMT-04:00, Mike Hearn <mike at plan99.net> wrote:
>>
>> 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.

Ah right, of course. Along those lines we should credit Jeremy Spilman (?) for figuring out how to get rid of the dependency on nSequence, makimg the protocol trust-free.

I do recall it having an issue with malleability, semi-fixed with the P2SH trick. Be good to clear that up for good for Pieter's proposed malleability patch.

>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   :-)

...and only took another five hundred years for math to catch up and make it trust free, modulo miner centralisation!
-----BEGIN PGP SIGNATURE-----
Version: APG v1.1.1

iQFQBAEBCgA6BQJTRoYCMxxQZXRlciBUb2RkIChsb3cgc2VjdXJpdHkga2V5KSA8
cGV0ZUBwZXRlcnRvZGQub3JnPgAKCRAZnIM7qOfwhdNMB/9zFBT3nFSkasHkMVW8
01pE/VYrclH5BsxANakOqfb57Rprc4xue9H4AuppqAlIo/i/gYtOyoDy9y8oQDmC
YRiM6K5+bqUH8uC/Rjz1AASBrnb3zAasqCJlklheb5nP3+EoLpKNJ04Brk8rnlqp
CMO5GktE43r9buYL9MOMXHanB523wRmNV8JjpEF+y5tPYe9YW7rsdmpjX8F8sRga
PE1MMNy43lctoej4tR0iSBfK2ZNudsz7PdzW9+4Gvpc4NDMHp5O4JwhX/vPbSyyC
+Or1BvPKe58zVSi5kBi7AJEeFXasfuKpwBwT9r2CGmjvI62ESmkj5M9eqcb4i8Yy
i2Zr
=E4NH
-----END PGP SIGNATURE-----





More information about the bitcoin-dev mailing list