Casa finds ElectrumX to be the "Best bang for the buck" for server implementations after test.
Listen to article Crypto custody firm Casa released results from its test to find a new way to connect to the Bitcoin network and found ElectrumX had the best bang for the buck.
Casa founder and cypherpunk Jameson Lopp noted the custody firm recently rewrote its backend infrastructure to support Electrum based on the tests.
The company chose three different server implementations for the test: ElectrumX, Electra and Esplora Electrs.
It discounted three other servers, Electrum-Server, Electrum Personal Server and Bitcoin Wallet Tracker as they felt these were not designed for high performance.
For the testing, Lopp said Casa wanted to understand the performance characteristics of each implementation.
They ran a list of 103,000 addresses with more than 100 transactions as their main data set for the test.
It found in the first test run alone that one of the server options could already be taken out.
"When the first test run against electrs was halfway done, we realized that if we tried to finish 10 runs of the 103,000 address test set against electrs, it would take weeks to complete. As such, we filtered down the addresses again to a reduced set of 57,000 that had their balances affected by between 10 and 100 transactions and performed our multiple passes of tests against that address set. Thus on the resulting charts you'll see that there is far less data for Electrs, but we believe it is sufficient to draw conclusions about overall performance."
With the field narrowed to two, Lopp said they turned to query performance.
Casa Releases Results on Server Implementation Test
Published on Jul 4, 2020
by Cointele | Published on Coinage
Coinage
Recent News
View All
Blockchain Bites: Bitcoin's Run, Uniswap's Hemorrhaging Value, Anchorage's Banking Bid
Bitcoin is nearing all-time highs in price and market cap last set three years ago.
Japan's megabanks to lead experiment with digital yen
We have, in order, Cheese Bank with a $3.3 million theft, Akropolis with its $2 million loss, Value DeFi with a whopping $6 million exploit and finally Origin Protocol's loss of $7 million.
Number of new Bitcoin addresses spikes amid growing FOMO
Japan's three largest banks, as part of a group of 30 private sector actors, are set to collaborate on an experiment with a digital yen.
Not just Wall Street: Quant trader explains why Bitcoin price is going up
Sam Trabucco, a quantitative trader at Alameda Research, believes four general factors are pushing up the price of Bitcoin.