The company announced that it has developed a method that allows for the verification of Bitcoin payments without downloading the entire blockchain data.
The proof developed by Starkware includes all Bitcoin blocks from the genesis block to the present.
It contains the block header, but not the entire blockchain record, which is over 680GB. The block header contains the version number, previous block reference, timestamp, and block
The system records the block size, nonsense values that miners should find, etc.
In an interview with Cointelegraph, Bakhta explained that the new BTC ledger proof is just 1MB in size, allowing users to verify transactions within 100 milliseconds.
This lightweight client extends the concept of Simple Payment Verification (SPV), proposed by Satoshi Nakamoto in his white paper. SPV allows small nodes to make payments without downloading the full ledger.
This announcement is significant in that it allows anyone to verify Bitcoin payments without having to install a full node. Building a full node requires approximately 300
The cost of ~$1,000 and the technical complexity could be a barrier to average users. There is a lot of debate in the Bitcoin community about node storage requirements and ledger size.
Unlike other blockchain networks, Bitcoin has only generated 680GB of data since 2009, making it relatively lightweight and easy to use.
Even a simple personal computer can operate a node, which is considered a key element for maintaining decentralization and a consensus mechanism.
However, as the ledger size continues to grow, the cost of running a node will rise, making it difficult for only large service providers to afford it.
There are also concerns that the change to a flexible structure will lead to the centralization of the network.
Critics have argued that non-monetary data storage methods such as cryptocurrencies unnecessarily increase the capacity of blockchains, amplifying these risks.
2025/09/11 17:23 KST
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