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Simplified Payment Verification (SPV)

Simplified Payment Verification (SPV) is a term used to describe a lightweight client that is designed to verify transactions on a blockchain. This client is specifically designed to be efficient and consume minimal resources while still providing the necessary level of security. SPV clients are commonly used in situations where full validation of the blockchain is not required, such as in mobile or web-based applications. By utilizing SPV, these clients can verify transactions without the need to download and store the entire blockchain, making them more lightweight and accessible.

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