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

Solo BTC miner defies odds
A solo Bitcoin miner defied the odds by mining a full block with minimal hash power, earning 3.13 BTC worth...
December 26, 2025
CAR’s crypto initiatives labeled unrealistic, risky: report
The report by Global Initiative against Transnational Organized Crime says the initiative was poorly designed, prone to abuse and offered...
December 26, 2025
Advertisement
Advertisement