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

Trump calls for crypto bank access, GOP demands PAC loyalty
The Senate Banking Committee advances the CLARITY Act for cryptocurrency regulation, but the U.S. Congress faces a tight schedule before...
May 22, 2026
Meet 13 AI agents that build, run, scale an entire iGaming operation
Agentic AI is transforming iGaming with innovative solutions like Bluestuff, which streamline operations and enhance the user experience for crypto...
May 22, 2026
Advertisement
Advertisement