What is SPV(Simplified Payment Verification) client?

WHAT is SPV?-Definition of all finance terms

Definition of SPV(Simplified Payment Verification) client

SPV client stands for (simplified payment verification) client. It’s one of a method of verifying the payment or transaction of a bitcoin in a distributed block chain based network. It verifies particular transaction in a network without downloading the complete blocks of a bitcoin. This particular or individual block a smaller than full blocks.

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