BillionaireClubCollc
  • News
  • Notifications
  • Shop
  • Cart
  • Media
  • Advertise with Us
  • Profile
  • Groups
  • Games
  • My Story
  • Chat
  • Contact Us
home shop notifications more
Signin
  •  Profile
  •  Sign Out
Skip to content

Billionaire Club Co LLC

Believe It and You Will Achieve It

Primary Menu
  • Home
  • Politics
  • TSR
  • Anime
  • Michael Jordan vs.Lebron James
  • Crypto
  • Soccer
  • Dating
  • Airplanes
  • Forex
  • Tax
  • New Movies Coming Soon
  • Games
  • CRYPTO INSURANCE
  • Sport
  • MEMES
  • K-POP
  • AI
  • The Bahamas
  • Digital NoMad
  • Joke of the Day
  • RapVerse
  • Stocks
  • SPORTS BETTING
  • Glamour
  • Beauty
  • Travel
  • Celebrity Net Worth
  • TMZ
  • Lotto
  • COVD-19
  • Fitness
  • The Bible is REAL
  • OutDoor Activity
  • Lifestyle
  • Culture
  • Boxing
  • Food
  • LGBTQ
  • Poetry
  • Music
  • Misc
  • Open Source
  • NASA
  • Science
  • Natural & Holstict Med
  • Gardening
  • DYI
  • History
  • Art
  • Education
  • Pets
  • Aliens
  • Astrology
  • Farming and LiveStock
  • LAW
  • Fast & Furious
  • Fishing & Hunting
  • Health
  • Credit Repair
  • Grants
  • All things legal
  • Reality TV
  • Africa Today
  • China Today
  • "DUMB SHIT.."
  • CRYPTO INSURANCE

How Merkle Trees Enhance Data Integrity in Crypto Custody

:::info
Authors:
(1) Hamid Bateni, Nobitex Labs ([email protected]);
(2) Keyvan Kambakhsh, Nobitex Labs ([email protected]).
:::
Table of Links
Abstract and 1 Introduction
2 Proof of Liability and 2.1 Commitment
2.2 Merkle Tree
2.3 Leaves Structure
2.4 Proof Statement
3 Proof of Reserve
3.1 Ethereum
3.2 Bitcoin
4 Proof of Solvency
5 Future Works and References
2.2 Merkle Tree
A Merkle Tree is a tree in computer science in which every leaf node is labeled with the cryptographic hash of a data block, and each nonleaf node is labeled with the cryptographic hash of the labels of its child nodes. The value of a non-leaf node is determined by the hash of its children nodes, and this continues recursively until the tree’s root is achieved.
\
This structure is particularly effective because it allows for efficient and secure verification of the contents of large data structures. The Merkle Tree allows us to verify data with a significantly smaller subset of the total information.[7]
\

\
In the scenario of Proof of Solvency, we use the Merkle Tree as our cryptographic commitment. The root of the Merkle Tree acts as a commitment to all liabilities, and each leaf in the tree corresponds to a liability. This allows for an efficient and secure way to prove the existence and integrity of liabilities.
\
By using a Merkle Tree, we can provide a proof path for any given leaf node (liability) up to the root. This path, also known as the Merkle path, allows anyone to verify that a specific liability is part of the tree. They can do this by recomputing the hashes from the leaf up to the root and comparing it with the root hash. This approach is particularly useful because it allows for verification without needing access to all data points, providing a balance between transparency and data efficiency.
\
In the following sections, we will delve deeper into the leaf structure of the Merkle Tree and how we can use it to create proof statements.
\
:::info
This paper is available on arxiv under CC BY-NC-ND 4.0 DEED license.
:::
\

Welcome to Billionaire Club Co LLC, your gateway to a brand-new social media experience! Sign up today and dive into over 10,000 fresh daily articles and videos curated just for your enjoyment. Enjoy the ad free experience, unlimited content interactions, and get that coveted blue check verification—all for just $1 a month!

Source link

Share
What's your thought on the article, write a comment
0 Comments
×

Sign In to perform this Activity

Sign in
×

Account Frozen

Your account is frozen. You can still view content but cannot interact with it.

Please go to your settings to update your account status.

Open Profile Settings

Ads

  • Premium Billionaire128 Bubble-free stickers

    $ 3.50
  • Billionaire128 Liquid Gold Laptop Sleeve

    $ 28.00
  • Original Billionaire128 Basic Pillow

    $ 26.50
  • News Social

    • Facebook
    • Twitter
    • Facebook
    • Twitter
    Copyright © 2024 Billionaire Club Co LLC. All rights reserved