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Glossary

Related Terms

Block 47 Transaction 74

Category

networking

Aliases

Simplified Payment Verification

SPV

Network & Protocol 4 references

Simplified Payment Verification: a Bitcoin technique where a client downloads block headers and uses Merkle proofs to verify transaction inclusion without downloading full blocks.

Appears in 4 whitepaper sections

Bitcoin logo
$BTC Bitcoin
Simplified Payment Verification
Simplified Payment Verification
Ethereum logo
$ETH Ethereum
Merkle Trees
...itcoin node must store the entire blockchain (approximately 15GB as of 2013), a simplified payment verification (SPV) node only needs to download block headers containing Merkle roots, requir...
References and Further Reading
...izational governance through smart contracts. Key technical components include simplified payment verification (SPV) for light clients, Merkle trees for efficient data verification, and Patr...
Tether logo
$USDT Tether
Technology Stack
...ther transactions using the same infrastructure -- full nodes, block explorers, SPV wallets -- that they use for Bitcoin itself. The second layer is the Omni Laye...

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