Someone asked: What is a Merkle tree, and why do blocks use one?
I usually answer like this: Ethereum uses an improved Merkle Patricia Trie to record account states, transactions, and receipts, and the block header stores the corresponding root hash. Exchanges also use Merkle trees for proof of reserves: the platform publishes the root hash, and each user can verify whether their balance has been included by using their own Merkle path.
$BTC 82555.99 (+0.6%)
If you found this useful, save it so you can come back to it later.
In volatile markets, manage your risk first.
I usually answer like this: Ethereum uses an improved Merkle Patricia Trie to record account states, transactions, and receipts, and the block header stores the corresponding root hash. Exchanges also use Merkle trees for proof of reserves: the platform publishes the root hash, and each user can verify whether their balance has been included by using their own Merkle path.
$BTC 82555.99 (+0.6%)
If you found this useful, save it so you can come back to it later.
In volatile markets, manage your risk first.