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

SEC charges Texas man with $12.3M crypto fraud, fake AI bots
Nathan Fuller is facing charges over an alleged $12.3M digital asset scheme involving false profit promises and misappropriated funds.
June 2, 2026
Officials eye mining ban in Moscow as risks outweigh benefits
Moscow officials support a proposed ban on block reward mining in the capital to safeguard the economy and public welfare...
June 2, 2026
Advertisement
Advertisement