From: Mike Hearn <mike@plan99•net>
To: Thomas Voegtlin <thomasv1@gmx•de>
Cc: Bitcoin Dev <bitcoin-development@lists•sourceforge.net>
Subject: Re: [Bitcoin-development] New BIP32 structure
Date: Thu, 27 Mar 2014 12:39:21 +0100 [thread overview]
Message-ID: <CANEZrP1v7ZCmhhoHmuXXXvKwAV1_0a02Vkf9z4nQGNfAbZBM=A@mail.gmail.com> (raw)
In-Reply-To: <53340426.4040208@gmx.de>
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>
> One issue that I have is bandwidth: Electrum (and mycelium) cannot
> watch as many addresses as they want, because this will create too
> much traffic on the servers. (especially when servers send utxo merkle
> proofs for each address, which is not the case yet, but is planned)
>
This is surprising and the first time I've heard about this. Surely your
constraint is CPU or disk seeks? Addresses are small, I find it hard to
believe that clients uploading them is a big drain, and mostly addresses
that are in the lookahead region won't have any hits and so won't result in
any downloads?
This constraint is not so important for bloom-filter clients.
Bloom filters are a neat way to encode addresses and keys but they don't
magically let clients save bandwidth. A smaller filter results in less
upload bandwidth but more download (from the wallets perspective). So I'm
worried if you think this will be an issue for your clients: I haven't
investigated bandwidth usage deeply yet, perhaps I should.
FWIW the current bitcoinj HDW alpha preview pre-gens 100 addresses on both
receive and change branches. But I'm not sure what the right setting is.
We also have to consider latency. The simplest implementation from a
wallets POV is to step through each transaction in the block chain one at a
time, and each time you see an address that is yours, calculate the next
ones in the chain. But that would be fantastically slow, so we must instead
pre-generate a larger lookahead region and request more data in one batch.
Then you have to recover if that batch ends up using all the pre-genned
addresses. It's just painful.
> My opinion, as far as Electrum is concerned, is that merchant accounts
> should behave differently from regular user accounts: While merchants
> need to generate an unlimited number of receiving addresses, it is also
> acceptable for them to have a slightly more complex wallet recovery
> procedure
>
Maybe. I dislike any distinction between users and merchants though. I
don't think it's really safe to assume merchants are more sophisticated
than end users.
> but also because we want fully automated synchronization between different
> instances of a wallet, using only no other source of information than
> the blockchain.
>
I think such synchronization won't be possible as we keep adding features,
because the block chain cannot sync all the relevant data. For instance
Electrum already has a label sync feature. Other wallets need to compete
with that, somehow, so we need to build a way to do cross-device wallet
sync with non-chain data.
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next prev parent reply other threads:[~2014-03-27 11:39 UTC|newest]
Thread overview: 100+ messages / expand[flat|nested] mbox.gz Atom feed top
2014-03-26 20:49 Mike Hearn
2014-03-26 23:37 ` Andreas Schildbach
2014-03-27 1:01 ` Alan Reiner
2014-03-27 6:15 ` Mike Belshe
2014-03-27 10:57 ` Thomas Voegtlin
2014-03-27 11:39 ` Mike Hearn [this message]
2014-03-27 13:30 ` Thomas Voegtlin
2014-03-27 13:38 ` Mike Hearn
2014-03-27 1:13 ` Allen Piscitello
2014-03-27 5:34 ` Troy Benjegerdes
2014-03-27 7:09 ` Tamas Blummer
2014-03-27 9:42 ` Mike Hearn
2014-03-27 11:35 ` Pavol Rusnak
2014-03-27 15:43 ` Jeff Garzik
2014-03-27 15:57 ` Allen Piscitello
2014-03-27 16:06 ` Pavol Rusnak
2014-03-27 16:13 ` Allen Piscitello
2014-03-27 16:07 ` Tamas Blummer
2014-03-27 16:14 ` Pieter Wuille
2014-03-27 16:21 ` Pavol Rusnak
2014-03-27 16:28 ` Pieter Wuille
2014-03-27 17:49 ` Allen Piscitello
2014-03-28 14:59 ` slush
2014-04-08 12:43 ` slush
2014-04-08 13:18 ` Pieter Wuille
2014-04-08 13:40 ` slush
2014-04-08 13:43 ` slush
2014-04-08 13:53 ` Pieter Wuille
2014-04-08 13:59 ` Thomas Voegtlin
2014-04-08 14:00 ` Tamas Blummer
2014-04-08 14:35 ` Pavol Rusnak
2014-04-08 15:41 ` slush
2014-04-23 17:42 ` Pieter Wuille
2014-04-23 18:01 ` slush
2014-04-23 18:18 ` slush
2014-04-23 18:39 ` Tier Nolan
2014-04-23 18:46 ` Pavol Rusnak
2014-04-23 19:00 ` Tier Nolan
2014-04-23 19:06 ` slush
2014-04-23 19:36 ` Tamas Blummer
2014-04-23 19:46 ` slush
2014-04-23 19:07 ` Tamas Blummer
2014-04-23 19:29 ` Pavol Rusnak
2014-04-23 19:44 ` Luke-Jr
2014-04-23 19:49 ` Pavol Rusnak
2014-04-23 19:55 ` Luke-Jr
2014-04-23 19:57 ` slush
2014-04-23 20:01 ` Luke-Jr
2014-04-23 20:04 ` Pavol Rusnak
2014-04-23 20:09 ` Luke-Jr
2014-04-23 20:16 ` Pavol Rusnak
2014-04-23 20:32 ` Luke-Jr
2014-04-23 20:35 ` Pavol Rusnak
2014-04-23 20:41 ` Luke-Jr
2014-04-23 20:43 ` Pavol Rusnak
2014-04-23 20:54 ` Pieter Wuille
2014-04-23 21:06 ` Pavol Rusnak
2014-04-23 21:18 ` Luke-Jr
2014-04-23 21:22 ` Gregory Maxwell
2014-04-23 21:33 ` Pavol Rusnak
2014-04-23 21:42 ` Pieter Wuille
2014-04-23 21:44 ` Pavol Rusnak
2014-04-23 21:48 ` Gregory Maxwell
2014-04-23 21:53 ` Luke-Jr
2014-04-23 21:24 ` Pavol Rusnak
2014-04-23 21:07 ` slush
2014-04-23 20:59 ` Luke-Jr
2014-04-23 20:17 ` Tamas Blummer
2014-04-23 20:12 ` Pieter Wuille
2014-04-23 20:08 ` Pieter Wuille
2014-04-23 20:01 ` Tamas Blummer
2014-04-23 20:02 ` Luke-Jr
2014-04-23 20:04 ` Tamas Blummer
2014-04-24 6:54 ` Thomas Voegtlin
2014-04-24 7:10 ` Pieter Wuille
2014-04-24 7:21 ` Gregory Maxwell
2014-04-24 8:15 ` Thomas Voegtlin
2014-04-24 7:42 ` Thomas Voegtlin
2014-04-24 8:09 ` Mike Hearn
2014-04-23 18:48 ` Tamas Blummer
2014-04-08 14:49 ` Andreas Schildbach
2014-04-08 15:46 ` slush
2014-04-08 15:58 ` Andreas Schildbach
2014-04-08 16:24 ` slush
2014-03-27 11:20 ` Thomas Voegtlin
[not found] ` <CAJna-HhmFya+3W67qQt0wMhW=B4vJvwdkr-5WnU+KEaKq7uaUA@mail.gmail.com>
2014-03-27 12:06 ` Thomas Voegtlin
2014-03-27 12:28 ` Mike Hearn
2014-03-27 12:49 ` Mike Hearn
2014-03-27 13:12 ` Thomas Kerin
2014-03-27 13:19 ` Mike Hearn
2014-03-27 13:49 ` Thomas Voegtlin
2014-03-27 13:58 ` Jim
2014-03-27 14:20 ` Mike Hearn
2014-03-27 15:17 ` Troy Benjegerdes
2014-03-27 13:07 ` Matias Alejo Garcia
2014-03-27 13:44 ` Pavol Rusnak
2014-03-27 13:53 ` Thomas Voegtlin
2014-03-27 14:03 ` Pavol Rusnak
[not found] ` <CAJna-HitjJbL9TnfxTY=+TvfaeNvZM6aPWmNYmHUCwmw6V8PUg@mail.gmail.com>
2014-03-27 15:04 ` Thomas Voegtlin
2014-03-27 11:36 ` Pavol Rusnak
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