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Electrum Server (Electrs)

An Electrum server, in this case Electrs, is a service that helps index the Bitcoin blockchain to make it easier and faster for lightweight wallets (like Sparrow wallet) to interact with the blockchain without needing to store the entire blockchain locally. The key function of indexation is what makes an Electrum server so useful, and here's why it's important:

Node Setup

There are several popular tools to help you set up a Bitcoin node, each with its own features and ease of use.