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
Senate moves on crypto legislation amid ethics concerns tied to Trump's family ventures, as new challenges emerge with deadlines approaching.
June 26, 2026
U.S. DOJ seizes Huione Group's cloud account, disrupting a major money-laundering operation linked to cybercrime and digital asset fraud.
June 26, 2026




