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- What is an SPV client? 2 answers
Multibit is clearly a faster desktop wallet since it's a thin client that doesn't download and process the entire *8GB blockchain.
My question is, what service does Multibit connect to in order to process transactions? Are there security concerns to be aware of compared to using a thick client with its own blockchain? What benefits are there using a thick client (like Bitcoin-QT) compared to a thin client?