#merkle-tree

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shortsegments

4y

Proof of reserves, merkle trees, and trusting centralized exchanges.

Proof of reserves, merkle trees, and trusting centralized exchanges.

The subject of conversation on crypto-twitter recently has been merkle trees. This uses blockchain explorer data snapshots to verify cryptocurrency wallet balances on centralized exchanges, and show

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black-ice

computer-science

9y

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What's a Merkle Tree?

What's a Merkle Tree?

Each node in the Merkle tree performs MD5 hashing of input data. Parent nodes concatenate the hashes of their children before hashing. (Credit: T. L. Oliver CC BY-SA 4.0) If you've tried to understand

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rosargia

9y

Blockchain & Cryptocurrency #2: Hash pointers and data structures

Blockchain & Cryptocurrency #2: Hash pointers and data structures

Hash Pointer A hash pointer is a data structure that is used a lot in the systems that we're talking about. It is basically a pointer to the place where some information is stored. Together with the pointer