Ideally, given an on-chain backup, after the remote force-closes, we should be able to spend our anchor output,
to CPFP the remote commitment tx (assuming the channel used OPTION_ANCHORS).
To spend the anchor output, we need to be able to sign with the local funding_privkey.
Previously we derived the funding_key from the channel_seed (which comes from os.urandom).
Prior to anchors, there was no use case for signing with the funding_key given a channel backup.
Now with anchors, we should make its derivation deterministic somehow, in a way so that it can
be derived given just an on-chain backup.
- one way would be to put some more data into the existing OP_RETURN
- uses block space
- the OP_RETURNs can be disabled via "use_recoverable_channels"
- only the initiator can use OP_RETURNs (so what if channel is in incoming dir?)
- instead, new scheme for our funding_key:
- we derive the funding_privkey from the lnworker root secret (derived from our bip32 seed)
- for outgoing channels:
- lnworker_root_secret + remote_node_id + funding_tx_nlocktime
- for incoming channels:
- lnworker_root_secret + remote_node_id + remote_funding_pubkey
- a check is added to avoid reusing the same key between channels:
not letting to user open more than one channel with the same peer in a single block
- only the first 16 bytes of the remote_node_id are used, as the onchain backup OP_RETURNs only contain that
- as the funding_privkey cannot be derived from the channel_seed anymore, it is included in the
imported channel backups, which in turn need a new version defined
- a wallet db upgrade is used to update already stored imported cbs
- alternatively we could keep the imported cbs as-is, so no new version, no new funding_privkey field, as it is clearly somewhat redundant given on-chain backups can reconstruct it
- however adding the field seems easier
- otherwise the existing code would try to derive the funding_privkey from the channel_seed
- also note: atm there is no field in the imported backups to distinguish anchor channels vs static-remotekey channels
Electrum - Lightweight Bitcoin client
Licence: MIT Licence
Author: Thomas Voegtlin
Language: Python (>= 3.10)
Homepage: https://electrum.org/
Getting started
(If you've come here looking to simply run Electrum, you may download it here.)
Electrum itself is pure Python, and so are most of the required dependencies, but not everything. The following sections describe how to run from source, but here is a TL;DR:
$ sudo apt-get install libsecp256k1-dev
$ ELECTRUM_ECC_DONT_COMPILE=1 python3 -m pip install --user ".[gui,crypto]"
Not pure-python dependencies
Qt GUI
If you want to use the Qt interface, install the Qt dependencies:
$ sudo apt-get install python3-pyqt6
libsecp256k1
For elliptic curve operations, libsecp256k1 is a required dependency.
If you "pip install" Electrum, by default libsecp will get compiled locally,
as part of the electrum-ecc dependency. This can be opted-out of,
by setting the ELECTRUM_ECC_DONT_COMPILE=1 environment variable.
For the compilation to work, besides a C compiler, you need at least:
$ sudo apt-get install automake libtool
If you opt out of the compilation, you need to provide libsecp in another way, e.g.:
$ sudo apt-get install libsecp256k1-dev
cryptography
Due to the need for fast symmetric ciphers, cryptography is required. Install from your package manager (or from pip):
$ sudo apt-get install python3-cryptography
hardware-wallet support
If you would like hardware wallet support, see this.
Running from tar.gz
If you downloaded the official package (tar.gz), you can run Electrum from its root directory without installing it on your system; all the pure python dependencies are included in the 'packages' directory. To run Electrum from its root directory, just do:
$ ./run_electrum
You can also install Electrum on your system, by running this command:
$ sudo apt-get install python3-setuptools python3-pip
$ python3 -m pip install --user .
This will download and install the Python dependencies used by
Electrum instead of using the 'packages' directory.
It will also place an executable named electrum in ~/.local/bin,
so make sure that is on your PATH variable.
Development version (git clone)
(For OS-specific instructions, see here for Windows, and for macOS)
Check out the code from GitHub:
$ git clone https://github.com/spesmilo/electrum.git
$ cd electrum
$ git submodule update --init
Run install (this should install dependencies):
$ python3 -m pip install --user -e .
Create translations (optional):
$ sudo apt-get install python3-requests gettext qttools5-dev-tools
$ ./contrib/pull_locale
Finally, to start Electrum:
$ ./run_electrum
Run tests
Run unit tests with pytest:
$ pytest tests -v
To run a single file, specify it directly like this:
$ pytest tests/test_bitcoin.py -v
Creating Binaries
Contributing
Any help testing the software, reporting or fixing bugs, reviewing pull requests and recent changes, writing tests, or helping with outstanding issues is very welcome. Implementing new features, or improving/refactoring the codebase, is of course also welcome, but to avoid wasted effort, especially for larger changes, we encourage discussing these on the issue tracker or IRC first.
Besides GitHub,
most communication about Electrum development happens on IRC, in the
#electrum channel on Libera Chat. The easiest way to participate on IRC is
with the web client, web.libera.chat.