A Merkle Proof is a method used to verify the integrity of data in a blockchain. It allows one party to prove that a particular piece of data is included in a larger dataset, without having to disclose the entire dataset.In a blockchain, transactions are grouped into blocks and hashed in a tree-like structure called a Merkle Tree. Each leaf node represents a transaction, while parent nodes represent hashes of their child nodes. The root of the tree, known as the Merkle Root, encapsulates all transactions in that block.To provide a Merkle Proof, a user shares the hashes from the nodes along the path to the Merkle Root. This allows others to verify that a specific transaction is indeed part of the block by reconstructing the Merkle Root from the provided hashes. Merkle Proofs enhance privacy and efficiency, as they require minimal data to confirm the inclusion of a transaction. This makes them particularly useful in scenarios where full data sharing is not practical or desired, such as in lightweight wallets.
Franklin Templeton Forecasts Bitcoin Adoption as National Reserve Asset by 2025
Franklin Templeton, one of the world’s largest asset managers, has projected that nations could begin adopting Bitcoin as part of