What is a Merkle Tree?

A Merkle tree, also known as a binary hash tree, is a data structure used in blockchain technology to efficiently summarize and verify the integrity of large sets of data. It consists of nodes where each leaf node represents a data block and each non-leaf node represents the cryptographic hash of its child nodes. Merkle trees enable quick and secure verification of the contents of a block without needing to download and process the entire blockchain, improving scalability and efficiency.

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Merkle Tree

A Merkle Tree is a data structure used in blockchain to efficiently verify the integrity of large sets of data, where each non-leaf node is a hash of its child nodes.

Mobile Wallets

Cardano supports mobile wallets through applications that allow users to securely store and manage ADA and other digital assets, offering features like address generation, transaction history, and QR code scanning for easy transactions on the go, with options from both native and third-party wallets.

Metadata Feature

Cardano's metadata feature enables users to attach additional data or information to transactions, tokens, or smart contracts on the Cardano blockchain.

Metadata Storage

Cardano implements metadata storage on the blockchain using transaction metadata fields. These fields allow users to attach additional data to transactions, such as timestamps, signatures, or arbitrary strings. This capability enables a wide range of applications, including identity verification, document certification, and asset management.

Multi-Asset Tokens

Cardano supports multi-asset tokens, enabling users to create and transact custom digital assets, fostering innovation and interoperability within its blockchain ecosystem.

What is a Merkle Tree?

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What is a Merkle Tree?

More Related Terms

Services

Company

References

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