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There are three major types of two-way pegs: simplifed payment verifcation, centralized two-way pegs, and federated two-way pegs.
Simplifed payment verifcation (SPV) [37, 158] is done by light clients, which consist of blockchain clients that can verify transactions on the blockchain without having its entire state.
The SPV client only needs the block headers; verifying that a transaction is in a block is to request a Merkle tree proof [205] including that transaction.
A relay solution is an SPV client for a source blockchain running on a target blockchain, enabling verifcation of transactions [89].
that holds the headers' knowledge (via SPV).
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