A Merkle Patricia Tree is a data structure that combines the features of both Merkle Trees and Patricia Tries. It is used primarily to efficiently store and verify transactions in blockchain systems, notably Ethereum.The structure allows for verified storage of large amounts of data while ensuring security and integrity. Each node in the tree can be linked to multiple child nodes, enabling quick searches, additions, and deletions. The Merkle aspect provides a way to hash data at each node, creating a unique fingerprint for sets of transactions. This ensures that if a single transaction changes, it will affect all higher nodes in the tree, making it easy to detect alterations.Patricia Tries, on the other hand, optimize the structure for sparse data storage and quick lookups. By maintaining a compact representation of the data, they improve efficiency in managing state information and smart contracts.Overall, the Merkle Patricia Tree balances security, speed, and efficiency, making it a foundational component of modern blockchain technology.
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