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

Philippines nears passage of eBayad digital payments bill
Philippine advances the eBayad Act, pushing digital payments for government services to reduce long lines, improve transparency, and speed up...
March 20, 2026
From NFTs to Community Hubs: Bea Llana on building Web3 for all
Bea Llana and Buhayin Creative Impact Studio are championing blockchain education, empowering women in tech and fostering innovation in the...
March 20, 2026
Advertisement
Advertisement