Why Nostr? What is Njump?
2023-06-07 15:04:46

Gregory Maxwell [ARCHIVE] on Nostr: đź“… Original date posted:2013-07-17 đź“ť Original message:On Wed, Jul 17, 2013 at ...

đź“… Original date posted:2013-07-17
đź“ť Original message:On Wed, Jul 17, 2013 at 3:26 PM, Michael Gronager <gronager at 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!)
Author Public Key
npub1f2nvlx49er5c7sqa43src6ssyp6snd4qwvtkwm5avc2l84cs84esecrwet