A Merkle Tree is a data structure used to efficiently organize and verify large sets of data. It consists of leaves that represent individual data blocks, with each leaf node hashed to create a parent node. The process continues up the tree until a single root hash is generated.This root hash acts as a fingerprint for all the data in the tree, making it easy to verify integrity. If even a small change occurs in any of the data blocks, the root hash will change, alerting users to the alteration. Merkle Trees enable efficient verification processes, as you only need to check a small number of nodes to confirm the integrity of a particular piece of data instead of examining the entire dataset. This is particularly useful for blockchains, where maintaining data integrity and efficiency is crucial.
Circle Expands Stablecoin Market Leadership with Hashnote Acquisition
Circle Internet Group, Inc., a prominent global financial technology firm specializing in stablecoins, has announced its acquisition of Hashnote, the