natives-bitcoin-simplified-payment-verification-relayer
At Native, we're laying the groundwork for Bitcoin to evolve beyond "digital gold" into a programmable, interoperable asset. A key part of this transformation is the Bitcoin Simplified Payment Verification (SPV) Relayer—the unsung hero ensuring that Native and Bitcoin stay securely in sync.🐝
But what is the SPV Relayer, and why does it matter?
For Native to work seamlessly with Bitcoin, it must track everything happening on the Bitcoin blockchain—new blocks, transactions, and their validity.
This is no small task, as Bitcoin’s design prioritizes security and decentralization but lacks programmability. To bridge this gap, Native uses the SPV Relayer, which connects Bitcoin to Native in real time, ensuring every transaction and block is accounted for.
How the SPV Relayer Works
To simplify, the SPV Relayer involves three key components:
1.Syncing Blocks:
2.Tracking New Blocks:
3.Validating Transactions:
Bitcoin is often seen as static—secure but hard to integrate with other systems. The SPV Relayer changes that narrative by making Bitcoin programmable and interoperable.
Here’s why it matters:
Watch the video from our lead Dev to understand better👇
The Bitcoin SPV Relayer is more than just tech—it’s a gateway to Bitcoin’s future in DeFi. As we continue to roll out our roadmap, this relayer will be the backbone for enabling Bitcoin programmability and interoperability.
Stay tuned as we transform Bitcoin into a programmable powerhouse! Join the Community: https://discord.com/invite/gonative