Electrum Developer Thomas Voegtlin: Soft Fork Preferable for Political Reasons
The long-lasting block size dispute has catapulted into the center of attention again. One of the most talked-about developments is Segregated Witness, of which a public testnet iteration was launched last week. The innovation as recently proposed by Blockstream co-founder and Bitcoin Core developer Dr. Pieter Wuille is a centerpiece of a scalability....
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Electrum, Bitcoin's popular lightweight wallet, launched a new version of its software this week. Apart from a desktop client, Electrum 2.6 is now available on Android as well, with an iOS version soon to come. At its heart, the mobile version of Electrum is no different from the available desktop version. The two are fully compatible as well; if the seed from one wallet is imported onto the other, all funds and transactions are synchronized. As such, users don't need to maintain two different balances on their desktop and mobile devices. “The main difference between existing Electrum....
As many in the Bitcoin community know, Electrum is an extremely fast and lightweight bitcoin client. Unlike Bitcoin Core (formerly known as Bitcoin-QT) and other desktop clients, Electrum does not need to download the entire Bitcoin blockchain. Instead, the application relies on several public servers that make the wallet so fast and lightweight. Furthermore, Electrum protects users from accidentally losing coins by allowing wallets to be recovered from a secret phrase. However, the wallet exclusively supports bitcoin, leaving Litecoin users in the dark. At least, that was the case until a....
With $250 million on the line, Ethereum is moving at lightspeed as the latest unsybilable miner voting shows they almost unanimously back the fork, with more than 90% in favor. Gavin Wood, founder of Ethcore, the company that develops Parity, one of Ethereum’s clients, confirmed the soft-fork has been merged stating: “[T]he development branch of the Parity codebase now includes some functionality to allow miners to block certain transactions.” The softfork is still waiting to be merged in Go, the Ethereum client used by most users. Jeffrey Wilcke, an ethereum founder and lead developer of....
The DAO debacle continues, after the miner community voted in favor of a protocol soft fork, a new vulnerability introduced by the update has caused the support to the fork to be withdrawn. Geth's 1.4.8 version could allow an attacker to SPAM and effectively freeze the whole Ethereum network. The Ethereum Foundation has introduced a new Geth client version (1.4.9) that rolls back the changes made in the previous soft-fork-enabled software. A security alert was issued by Ethereum Foundation. In the announcement, the developer Felix Lange explained: An attack vector has been identified in....
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....