A hash-based data structure where transaction hashes are paired and hashed upward to a single root hash. Enables efficient verification that a specific transaction exists in a block without downloading all transactions.
A hash-based data structure where transaction hashes are paired and hashed upward to a single root hash.
Enables efficient verification that a specific transaction exists in a block without downloading all transactions.
Understanding this concept is essential for anyone entering the crypto space. It forms the foundation upon which more advanced topics like DeFi, trading, and security are built.