How are transactions stored (and recorded) in the Blockchain blocks? Using a concept called a Merkle tree – in this video I break it down in depth with a simple example and show how a SPV node (Simple Payment Verification) node that does not keep a full copy of the blockchain transaction history – just the headers of the blocks – can verify from an adjacent (but not necessarily trusted) full node, which block a transaction is part of just from knowing the MERKLE PATH from the full node.

Products You May Like

Articles You May Like

Euphoric Dow Plows to 365 Point Gain after Trump Talks up China Trade Deal
Top 10 Tips to Survive the Cryptocurrency Bear Market #BITCOIN
A Bitcoin Bashing Nobel Economist Expects a Global Recession; Will Crypto Prove Him Wrong?
Crypto Nightmare: This Brazilian Investor Just Accidentally Bought Bitcoin at $20,000
Decentralized Finance Emerges as Banner Topic at Ethereum Denver Conference

Leave a Reply

Your email address will not be published. Required fields are marked *