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Bitcoin Gold Team Presents: ElectrumG! SPV Wallet for Bitcoin Gold

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The Bitcoin Gold team is releasing the Beta version of ElectrumG, an SPV wallet (simplified payment verification).
ElectrumG will be free and open-source and a set of decentralized ElectrumX servers on the Bitcoin Gold network will be hosted by the Bitcoin Gold Organization, which will also provide continued development and support for the Electrum fork. As with all previous versions, this software should be considered Beta until the larger community has put it to the test, on testnet and on the mainnet. (Some advanced features may not yet be fully implemented).

An SPV portfolio does not need to store the entire blockchain, just the headers – which Satoshi Nakamoto described as a way to “verify payments without running a complete network node”. Because the size of the entire blockchain is over 150 GB, this significantly reduces the system requirements for running ElectrumG.

ElectrumG is a complete portfolio that connects to the Bitcoin Gold network to send and receive transactions in real time; this can make ElectrumG more responsive, more resilient and more self-sufficient than other lightweight portfolio approaches. And it’s full of features you do not find in most “light” wallets.

The post Bitcoin Gold Team Presents: ElectrumG! SPV Wallet for Bitcoin Gold appeared first on Ripple XRP News Tech.

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