Apparently this is something related to using the Bitcoin blockchain to produce a cryptographically verifiable sequence/tree/dag(?) of revisions. Like Git but more crypto-ey.
"V" is a very simple versioned publication system (there's an explanatory link in the article.)
Vpatches are backwards-compatible with ordinary gnupatch. (can simply execute "patch -p0 < nameofpatch" for the sequence.) "V" has nothing directly to do with Bitcoin.
Then it starts off saying that you're going to need a "vtree", and for that obviously you need a "V-tron" and that's about where I gave up.
It was like trying to read something from a parallel world.