Simplified Payment Verification (SPV)

GPTKB entity

Statements (18)
Predicate Object
gptkbp:instanceOf gptkb:cryptocurrency
gptkbp:alternativeTo full node verification
gptkbp:category gptkb:cryptocurrency
gptkbp:compatibleWith full blockchain
gptkbp:dependsOn honest majority of miners
gptkbp:describedBy gptkb:Bitcoin_whitepaper
https://www.w3.org/2000/01/rdf-schema#label Simplified Payment Verification (SPV)
gptkbp:introducedIn 2008
gptkbp:proposedBy gptkb:Satoshi_Nakamoto
gptkbp:purpose verify transactions without downloading full blockchain
gptkbp:requires block headers
Merkle proofs
gptkbp:usedBy lightweight wallets
gptkbp:usedIn gptkb:Bitcoin
gptkbp:vulnerableTo eclipse attacks
fraudulent chain attacks
gptkbp:bfsParent gptkb:Ultra_Light_Node_(ULN)
gptkbp:bfsLayer 7