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README
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README
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Electrum - a lightweight Bitcoin client and its server
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Licence: GNU GPL v3
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Author: thomasv@gitorious
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Language: Python
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Main features:
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Client:
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* The client uses a deterministic wallet; if the wallet is lost, it can be recovered from its passphrase.
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* The client does not download the Bitcoin blockchain; it requests that information from the server
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* The client does not send its private keys to the server.
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* The client does not need to open a port, it simply polls the server for updates.
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Server:
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* The server uses a patched version of the Bitcoin daemon that can forward transactions, and bitcoin-abe
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* The server code is open source. Anyone can run a server, removing single points of failure concerns.
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* The server knows which set of Bitcoin addresses belong to the same wallet, which might raise concerns about anonymity.
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However, it should be possible to write clients capable of using several servers.
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----------------------------------------------------------
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INSTALLATION
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Client:
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1. install python-ecdsa and pycrypto:
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* sudo easy_install ecdsa
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* sudo easy_install pycrypto
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2. run the client:
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python electrum
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Server:
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1. patch and recompile the bitcoin daemon - bitcoinrpc.diff
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2. install bitcoin-abe : https://github.com/jtobey/bitcoin-abe
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3. install bitcoinrpc : https://gitorious.org/python-bitcoin
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patch it too, see bitcoinrpc_connection.py.diff
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4. launch the server: python server.py
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Electrum - lightweight Bitcoin client
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Licence: GNU GPL v3
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Author: thomasv@gitorious
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Language: Python
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Features:
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* Encrypted wallet: the file that contains your bitcoins is protected with a password. You are protected from thieves.
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* Deterministic key generation: If you lose your wallet, you can recover it from its seed. You are protected from your own mistakes.
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* No blockchain download: the client requests blockchain information from a server. No delays, always up-to-date.
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* Transactions are signed locally: Your private keys are not shared with the server. You do not have to trust the server with your money.
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* Privacy: The server does not know you, it does not store user accounts. You are not tied to a particular server.
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* No single point of failure: The server code is open source, anyone can run a server.
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* Firewall friendly: The client does not need to open a port, it simply polls the server for updates.
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* Open Source: Anyone can audit the code.
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* Python. Very compact code, easy to contribute.
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INSTALL
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You need install pygtk, python-ecdsa and pycrypto
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* sudo easy_install ecdsa
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* sudo easy_install pycrypto
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RUN
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python electrum.py
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if arguments are passed in the line arguments, Electrum will run in text mode.
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example:
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python electrum.py balance
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Electrum - server for the Electrum client
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Licence: GNU GPL v3
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Author: thomasv@gitorious
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Language: Python
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Features:
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* The server uses a patched version of the Bitcoin daemon that can
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forward transactions, and bitcoin-abe * The server code is open
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source. Anyone can run a server, removing single points of failure
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concerns.
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* The server knows which set of Bitcoin addresses belong to the same
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wallet, which might raise concerns about anonymity. However, it should
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be possible to write clients capable of using several servers.
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INSTALL
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1. patch and recompile the bitcoin daemon - bitcoinrpc.diff
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2. install bitcoin-abe : https://github.com/jtobey/bitcoin-abe
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3. install bitcoinrpc : https://gitorious.org/python-bitcoin
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patch it too, see bitcoinrpc_connection.py.diff
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4. launch the server: nohup python -u server.py > /var/log/electrum.log &
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5. if you have a webserver, you can use electrum.php to forward http requests to the server
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