[bitcoin-dev] Committed bloom filters for improved wallet performance and SPV security

[bfd at cock.lu]

The concept combined with the weak blocks system where miners commit
to potential transaction inclusion with fractional difficulty blocks
is possible. I'm not personally convinced that unconfirmed transaction
display in a wallet is worth the privacy trade-off. The user has very
little to gain from this knowledge until the txn is in a block.


On 2017-01-01 13:01, Jonas Schnelli via bitcoin-dev wrote:
> Hi
>> We introduce several concepts that rework the lightweight Bitcoin
>> client model in a manner which is secure, efficient and privacy
>> compatible.
>> 
>> The BFD can be used verbatim in replacement of BIP37, where the filter
>> can be cached between clients without needing to be recomputed. It can
>> also be used by normal pruned nodes to do re-scans locally of their
>> wallet without needing to have the block data available to scan, or
>> without reading the entire block chain from disk.
> I started exploring the potential of BFD after this specification.
> 
> What would be the preferred/recommended way to handle 0-conf/mempool
> filtering – if & once BDF would have been deployed (any type,
> semi-trusted oracles or protocol-level/softfork)?
> 
> From the user-experience perspective, this is probably pretty important
> (otherwise the experience will be that incoming funds can take serval
> minutes to hours until they appear).
> Using BIP37 bloom filters just for mempool filtering would obviously
> result in the same unwanted privacy-setup.
> 
> </jonas>
> 
> 
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