> 
> 
> 
> I think we need to provide users with better options than that.
> 

Perfect privacy without extraordinary computational overhead today means 
downloading everything. But we could provide better tools to *shift* bandwidth 
requirements rather than try to reduce them. 

I've been thinking about a setup where user runs a UTXO only, and maybe even 
outbound-connect only (like bitcoinj), full node at home. Then using Tor, 
mostly for tunneling, they host a hidden service they can connect back to from 
their smartphone to see balances, manage receive addresses, send funds, etc.

The smartphone is not doing SPV, it's like a web client for the wallet running 
at home. The initial connection between the smartphone and home wallet has the 
phone learn two codes, one is the hidden service name, another is an access 
token which is revocable. You may require further authentication from that 
point. 

With fast bootstrapping / checkpointing of the UTXO I think usability could be 
as good as SPV, and you would get push-notification of relevant transactions 
with zero privacy trade-off.

I wonder if people would want to run such an app, if they would run it on their 
desktop, a dedicated machine, or an old smartphone or other cheap ARM device.

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