Bitcoin Platform Electrum Next Release to Support SegWit, Apple Debut In View

Bitcoin Platform Electrum Next Release to Support SegWit, Apple Debut In View

As the final release date of Segregated Witness approaches, more Bitcoin platforms are preparing to support the innovative scaling solution from Bitcoin Core. Electrum, an open source Bitcoin wallet application launched in 2011, is officially introducing support for SegWit in its next release. Once SegWit is adopted by leading wallet applications such as Electrum, the Bitcoin network is presumed to experience an observable change in the average size of blocks, as a significant amount of transactional data is removed from the traditional block structure. Although SegWit creates a major....


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Developer Neil Booth has created his own version of Electrum Server called Electrum X, which is 10 times faster and more efficient. A much faster version of Electrum Server is now available. The reimplementation of Electrum Server, called Electrum X is the creation of Neil Booth which he claims to be 10 times faster than the Electrum Server. The Electrum X Server codes are made available on GitHub under the MIT License. While the main server is built on Python 2, the new reimplementation makes use of much advanced Python 3.4 and still manages to work with the existing clients. By using....