Electrum, SPV Wallets and Bitcoin Aliases
Powering an estimated 5-10% of all Bitcoin transactions, Electrum is one of the leaders of the Bitcoin wallet space. The open-source walled was started in 2011 and played a key role in the development of the light-weight SPV wallets. Developer Thomas Voegtlin joined us for a discussion of Electrum, their recent 2.0 release and the rapidly evolving Bitcoin wallet space in general.
Topics discussed in the episode
- The evolution of Bitcoin wallets and what motivated him to start Electrum
- Electrum 2.0 and its new features such as Multi-sig and hardware wallet support
- The security tradeoffs between using an SPV wallet versus a full node client
- How Bitcoin aliases could do away with Bitcoin addresses