Simplified Payment Verification (Spv)
| Simplified Payment Verification (SPV) is a lightweight client used for blockchain transaction verifications. SPV clients are used to verify transactions without having to download the entire blockchain. This makes SPV clients much faster and more lightweight than full node clients. SPV clients work by connecting to full nodes and requesting information about specific transactions. Full nodes then provide the SPV client with the relevant information about the requested transactions. The SPV client can then use this information to verify that the transactions are valid. SPV clients are an important part of the Bitcoin network. They allow users to verify transactions without having to download the entire blockchain. This makes the Bitcoin network more accessible to a wider range of users. |
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