spv don't play with pos thus there is no security against malitious nodes thus timebomb.
What is spv? PoS is 'point of sale', right?
spv is a verification process that only requires block headers to be verified and not the whole chain downloaded because it's too big for phones. pos is proof of stake I presumed.
Aha, thanks, yes, I understand now. By "template" he's talking about the fact that the schildbach wallet is open-source/GPL so you can start with that as a starting point. Now I understand why he's talking about scrypt coins. This makes more sense than point-of-sale system... lol