Calvin Kim explains what utreexo is. Utreexo is a data structure that allows for the storage of Bitcoin transaction data in a more efficient way. It uses a Merkle tree to store the data, which reduces the amount of data that needs to be stored and makes it easier to verify the data. Utreexo also allows for the creation of a smaller blockchain, which can help reduce the cost of running a full node.
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tldr; Calvin Kim (BitMEX & HRF grantee) joins me to talk about utreexo and the UTXO set comparison with other ideas e.g. assumeevalid and assumeUTXO proofs. We also discuss how it might look in practice running your own electrum server.
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