SPV (Simple Payment Verification)

GPTKB entity

Statements (21)
Predicate Object
gptkbp:instanceOf gptkb:cryptocurrency
gptkbp:cannotVerify transaction validity
gptkbp:canVerify transaction inclusion in a block
gptkbp:category gptkb:cryptocurrency
gptkbp:compatibleWith downloading full blockchain
full transaction data
gptkbp:dependsOn block headers
Merkle proofs
honest majority of miners
gptkbp:describedBy gptkb:Bitcoin_whitepaper
gptkbp:enables lightweight client verification
https://www.w3.org/2000/01/rdf-schema#label SPV (Simple Payment Verification)
gptkbp:introducedIn 2008
gptkbp:proposedBy gptkb:Satoshi_Nakamoto
gptkbp:reduces resource requirements for clients
gptkbp:usedBy mobile wallets
lightweight wallets
gptkbp:usedIn gptkb:Bitcoin
gptkbp:vulnerableTo certain network attacks
gptkbp:bfsParent gptkb:Dash_Electrum
gptkbp:bfsLayer 7