BSV Blockchain launches SPV Wallet: The Standardised BSV Open-Source Wallet Reference Implementation

Thomas Giacomo, Director of Utilisation at BSV Blockchain said, "The maximum transactions per second settled on BSV Blockchain has been trending up rapidly for the last few years and is expected to skyrocket as we go forward. This will inevitably drive-up costs for full node operators and raise the corresponding demand for SPV Wallet solutions." Thomas Giacomo, Director of Utilisation at BSV Blockchain  said, "The maximum transactions per second settled on BSV Blockchain has been trending up...
Switzerland, (informazione.it - comunicati stampa - information technology)

Thomas Giacomo, Director of Utilisation at BSV Blockchain said, "The maximum transactions per second settled on BSV Blockchain has been trending up rapidly for the last few years and is expected to skyrocket as we go forward. This will inevitably drive-up costs for full node operators and raise the corresponding demand for SPV Wallet solutions."

Darren Kellenschwiler, Technical Lead of Utilisation at BSV Blockchain, "This allows KYC and AML data to be validated before any payment negotiations, domain-specific controls, and many configurable options to meet requirements in your jurisdiction. Running SPV Wallet in place of a full node leads to significant cost savings. This saving is due to the disparity between relevant transactions for the exchange, and overall network transaction volume."

Who can benefit from SPV Wallet?

Key features and roadmap

Extensive test scenario coverage has been performed to ensure maximal security. The planned roadmap includes a mobile wallet app, payment counterparty validation, identity manager and token and smart contract support.

For more information about the SPV Wallet and development, visit here. Users are also encouraged to contact the team on the SPV Wallet Discord channel.

Contact Details
[email protected]

About BSV Blockchain:

One Blockchain for Everyone.

The BSV Blockchain leads the BSV Blockchain for Enterprise and Government initiatives. This Switzerland-based global non-profit industry organisation supports the use of the BSV blockchain.

The BSV Blockchain oversees the creation of technical standards and educates enterprises, government agencies, start-up ventures, developers, and users on creating a global blockchain ecosystem. The original Bitcoin protocol and its scripting language provide powerful technical capabilities that BSV has restored.

Cision View original content:https://www.prnewswire.co.uk/news-releases/bsv-blockchain-launches-spv-wallet-the-standardised-bsv-open-source-wallet-reference-implementation-302130138.html

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