Received: from sog-mx-1.v43.ch3.sourceforge.com ([172.29.43.191] helo=mx.sourceforge.net) by sfs-ml-3.v29.ch3.sourceforge.com with esmtp (Exim 4.76) (envelope-from ) id 1V7r7z-0004Nf-EC for bitcoin-development@lists.sourceforge.net; Fri, 09 Aug 2013 18:09:31 +0000 Received-SPF: pass (sog-mx-1.v43.ch3.sourceforge.com: domain of bitpay.com designates 209.85.212.170 as permitted sender) client-ip=209.85.212.170; envelope-from=jgarzik@bitpay.com; helo=mail-wi0-f170.google.com; Received: from mail-wi0-f170.google.com ([209.85.212.170]) by sog-mx-1.v43.ch3.sourceforge.com with esmtps (TLSv1:RC4-SHA:128) (Exim 4.76) id 1V7r7x-0004D0-KZ for bitcoin-development@lists.sourceforge.net; Fri, 09 Aug 2013 18:09:31 +0000 Received: by mail-wi0-f170.google.com with SMTP id hi8so24978wib.3 for ; Fri, 09 Aug 2013 11:09:23 -0700 (PDT) X-Google-DKIM-Signature: v=1; a=rsa-sha256; c=relaxed/relaxed; d=google.com; s=20120113; h=x-gm-message-state:mime-version:in-reply-to:references:date :message-id:subject:from:to:cc:content-type; bh=XY2jR3H86hGnRP90i80ZhU/7BUxnoQjvHeIN5WWKQ1Y=; b=ML/Oe2jLgQYSAV3O2ejqdSOC871EdgZZGcJ831vi0eaoZvyAr+9yxkjLUUfI45qBsy wYtUrk5wJzbQ+1Gau9aE4HSe6GOK+y5K92cbvRGubXFeQUhNcwB4m3tMTb+Jda6sVw1l Q2qj87kj+fcQ5pf2QaaJ/viFXVom9fNpA+yMJ8NzVc6+LUBv8I/nskUbXsFQcN9rVcRG kriWvb7XeZLmsCfpM0VP0Mp1V3jsgHId82eKcrH869wa3X+NYUdIhJvIQpjeaf1IfxO0 aCcPRAr2ls7Hk2mPYXs2eLszZ6BjlAe065MssfacTMf5iNgHTPgZgI7eVEKXhjMvHwhC DpDg== X-Gm-Message-State: ALoCoQmaJqnEcDpcwtucdoZDt3Djgh9xRr2oGSaCbRGb9d1u6sI7wmoqmBaAFbhtAimXrpYK8Nq5 MIME-Version: 1.0 X-Received: by 10.180.198.79 with SMTP id ja15mr924364wic.36.1376071763120; Fri, 09 Aug 2013 11:09:23 -0700 (PDT) Received: by 10.194.23.1 with HTTP; Fri, 9 Aug 2013 11:09:23 -0700 (PDT) In-Reply-To: <703284F8-88EE-4CF1-A78C-CE0DBC88A16F@grabhive.com> References: <703284F8-88EE-4CF1-A78C-CE0DBC88A16F@grabhive.com> Date: Fri, 9 Aug 2013 14:09:23 -0400 Message-ID: From: Jeff Garzik To: Wendell Content-Type: text/plain; charset=ISO-8859-1 X-Spam-Score: -1.6 (-) X-Spam-Report: Spam Filtering performed by mx.sourceforge.net. See http://spamassassin.org/tag/ for more details. -1.5 SPF_CHECK_PASS SPF reports sender host as permitted sender for sender-domain -0.0 SPF_PASS SPF: sender matches SPF record -0.1 DKIM_VALID_AU Message has a valid DKIM or DK signature from author's domain 0.1 DKIM_SIGNED Message has a DKIM or DK signature, not necessarily valid -0.1 DKIM_VALID Message has at least one valid DKIM or DK signature X-Headers-End: 1V7r7x-0004D0-KZ Cc: Bitcoin Dev Subject: Re: [Bitcoin-development] SPV client in pure JavaScript? X-BeenThere: bitcoin-development@lists.sourceforge.net X-Mailman-Version: 2.1.9 Precedence: list List-Id: List-Unsubscribe: , List-Archive: List-Post: List-Help: List-Subscribe: , X-List-Received-Date: Fri, 09 Aug 2013 18:09:31 -0000 On Fri, Aug 9, 2013 at 1:58 PM, Wendell wrote: > No, it's not -- but that's certainly very cool to see Jeff. > > How is BitPay going to put this to use? Well, "wally" is just a demo application, a command line client to prove a technology. The main development is in places like "node-libcoin", where a wallet platform is being developed. While maintaining a strong commitment to the blockchain engine side of bitcoind, BitPay has enterprise wallet needs that do not necessarily mesh well with the standard bitcoind wallet. Multi-sig, P2SH and other advanced features are key to the future use of bitcoin in large enterprises. Managers, CEOs and other functionaries at a corporation may each have their own wallets / keyrings, and cooperate to sign large value, high security bitcoin multi-sig transactions, for example. -- Jeff Garzik Senior Software Engineer and open source evangelist BitPay, Inc. https://bitpay.com/