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Re:Chain, the Blockchain API for developers by vbuterin on Monday May 19, 2014 @12:33AM (#7765722)
Because nobody wants to store and maintain a local copy of the blockchain. Simple as that. That's why I use blockchain.info for everything and not bitcoind.
Re:Chain, the Blockchain API for developers by nwh on Monday May 19, 2014 @03:26AM (#7766144)
You really, really don't want to be doing that. Use a proper SPV client.
Re:Chain, the Blockchain API for developers by vbuterin on Monday May 19, 2014 @08:44PM (#7770678)
Works fine for me right now. When someone creates a competitor to BCI that provides SPV proofs in an API, I'll be the first to include fully validating support into pybitcointools. Until then, sorry, convenience and zero loading time (yes, even SPV clients are not instant) win out.
Re:Chain, the Blockchain API for developers by nwh on Monday May 19, 2014 @10:22PM (#7770926)
Electrum is within a second, instant.