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

Gemini loses $589M in 2025, prediction market future not so bright
Gemini shifts from crypto to markets amid rising losses, legal risks and falling trading volumes, raising questions about its strategy...
March 23, 2026
‘Timestamped’ can save your career with tamper-proof records
A new service called "Timestamped" leverages one of blockchain's most useful built-in features to provide verifiable proof of a point...
March 23, 2026
Advertisement
Advertisement