In this presentation, nChain’s Alex Mackay discusses the restoration of the original Bitcoin vision of Simplified Payment Verification (SPV) design that is more suitable for better point-of-sale design. Here, Mackay referred to the original Bitcoin whitepaper on what a good SPV should look like: a low bandwidth method for confirming payment that requires block handles and merkle paths.

Click here to read the full article.

Recommended for you

Governance, adoption, trust define Philippine Blockchain Week 2026
Philippine Blockchain Week 2026 highlights trust and governance as key themes, showcasing blockchain's role in transparency and digital accountability.
July 8, 2026
North Korean hackers stole two-thirds of crypto in 2026: report
North Korea-linked groups accounted for 66.2% of global digital asset hacking losses in H1 2026, revealing a growing threat in...
July 8, 2026
Advertisement
Advertisement