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

Canada launches ambitious national strategy to boost AI adoption
Canadian PM Mark Carney unveils "AI for All," a 5-year strategy aimed at boosting Canada's AI adoption, focusing on trust,...
June 8, 2026
Saylor’s magic beans
Bitcoin’s store-of-value narrative faces scrutiny as BTC falls, Strategy sells holdings, and questions grow over utility, security, and demand.
June 8, 2026
Advertisement
Advertisement