Merkle Mining refers to a method of verifying and securing transactions using Merkle trees in blockchain technology. A Merkle tree organizes transaction data into a binary tree structure, where each leaf node represents a transaction, and each non-leaf node represents the hash of its child nodes. This facilitates efficient verification of large sets of transactions.In mining, miners collect transactions, bundle them into a block, and compute the Merkle root—the top hash of the Merkle tree. This root is included in the block header, along with other information necessary for the hashing process.When a miner successfully solves a cryptographic puzzle to add a new block to the blockchain, the Merkle root proves that all transactions in that block are valid and have not been tampered with. This method enhances data integrity, reduces storage requirements, and speeds up the process of verifying transactions.Merkle Mining thus plays a crucial role in maintaining the reliability and efficiency of decentralized networks.
PostFinance Introduces Crypto Staking, Expanding Digital Asset Offerings
Swiss state-owned bank PostFinance has added cryptocurrency staking to its digital asset services, becoming the first systemically important bank to