What is a Merkle Tree and why is it important in Blockchain coingabbar.com
People who are familiar with cryptography have probably heard of Merkle trees. This is due to the Merkle tree's widespread use in the domain of blockchain. In fact, following the collapse of the Centralized Exchange (CEX) FTX, many CEXs have started a trend of implementing Merkle trees as a form of Proof of Reserves (PoR) to reassure users of their fund's security.
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