[ANN] Protocoin - a pure Python Bitcoin protocol implementation

[tarantulae]

Just release Protocoin [1], a pure Python Bitcoin protocol implementation.

[1] http://protocoin.readthedocs.org/

Thanks !

[danneu]

So, how do you create a wallet? Or collect all data about particular address?
I assume you have to request all blocks and search through them for data relating to wallet?
And if I want to create wallet, what should I do?

It appears to only implement the wire protocol (sending/receiving messages).

[danneu]

If an honest peer sees that you're on a weaker fork, it responds by catching you up with the strongest fork that it knows.

So if you possess zero verification ability because you only have a library that implements the wire protocol, I guess you're left to hoping that you're connected to mostly honest nodes and can cross-examine their messages to infer a consensus.

https://en.bitcoin.it/wiki/Thin_Client_Security

[Sukrim]

If you get sybil'ed (only connecting to malicious nodes) you will have a bad time... on the other hand, you can expect to receive blocks at a rate of 1 block every 10 minutes within a certain distribution - if this is not the case you should probably reconnect to other nodes. Also as soon as you get a good node, you'd catch up.

Is this library generic enough to handle Altcoins by the way?