"we have nearly 11 years of empirical evidence that the network itself has been holding and transacting bitcoin, but instead of with private key...
"Chaum’s work would inspire a group of cryptographers, hackers and activists, connected through a mailing list. It was this group — which included DigiCash...
"So, what people call "SPV" today, is actually the practice of trusting the hashrate majority not JUST to prevent doublespending, but to properly verify...