Someone asked: What is a Merkle tree, and why do blocks use one?
My answer: Ethereum uses an improved Merkle Patricia Trie to record account states, transactions, and receipts, with the corresponding root hashes stored in the block header. Exchanges also use Merkle trees for proof of reserves: the platform publishes a root hash, and each user can use their own Merkle path to verify whether their balance has been included.
$BTC 81784(-0.77%)
Did you know this already?
My answer: Ethereum uses an improved Merkle Patricia Trie to record account states, transactions, and receipts, with the corresponding root hashes stored in the block header. Exchanges also use Merkle trees for proof of reserves: the platform publishes a root hash, and each user can use their own Merkle path to verify whether their balance has been included.
$BTC 81784(-0.77%)
Did you know this already?