Luke-Jr [ARCHIVE] on Nostr: 📅 Original date posted:2013-09-07 📝 Original message:On Saturday, September 07, ...
📅 Original date posted:2013-09-07
📝 Original message:On Saturday, September 07, 2013 11:21:31 PM rob.golding at astutium.com wrote:
> > bitcoin protocol needs an archival system so the blockchain doesn't
> > become too big to download
>
> Some people may want it all ...
>
> Balance at Point-In-Time summaries (say up to the penultimate
> difficulty adjustment) would be one simple way.
> And make new-adopters get up and running in minutes not days, which can
> only be a good thing.
There's no reason to require the full blockchain download before being up and
running. Bitcoin-Qt 0.9 will (probably) have Pieter's work in this area to be
usable very quickly, and download/verify the history in the background
(there's no way to be completely trust-free without this).
> If going that route, then solutions to the 'consolidate addresses/wallets'
> question and formal 'discard' of addresses could get addressed.
Not sure what you mean here. Addresses and wallets are two completely
different things. Addresses are single-use destinations that point to a wallet
(which is itself private and unknown to the network).
Luke
Published at
2023-06-07 15:06:41Event JSON
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"content": "📅 Original date posted:2013-09-07\n📝 Original message:On Saturday, September 07, 2013 11:21:31 PM rob.golding at astutium.com wrote:\n\u003e \u003e bitcoin protocol needs an archival system so the blockchain doesn't\n\u003e \u003e become too big to download\n\u003e \n\u003e Some people may want it all ...\n\u003e \n\u003e Balance at Point-In-Time summaries (say up to the penultimate\n\u003e difficulty adjustment) would be one simple way.\n\u003e And make new-adopters get up and running in minutes not days, which can\n\u003e only be a good thing.\n\nThere's no reason to require the full blockchain download before being up and \nrunning. Bitcoin-Qt 0.9 will (probably) have Pieter's work in this area to be \nusable very quickly, and download/verify the history in the background \n(there's no way to be completely trust-free without this).\n\n\u003e If going that route, then solutions to the 'consolidate addresses/wallets'\n\u003e question and formal 'discard' of addresses could get addressed.\n\nNot sure what you mean here. Addresses and wallets are two completely \ndifferent things. Addresses are single-use destinations that point to a wallet \n(which is itself private and unknown to the network).\n\nLuke",
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