Merkle Tree
By CoinGecko | Updated on Mar 03, 2020
A Merkle tree is also known as a hash tree in cryptography. It is a tree where every lead node is labelled with cryptographic hash of a data block, and every non-leaf node is labelled with the hash of the labels of its child nodes. It is used to verify of data stored within it and transferable in and between computers.
Related Terms
Emission
The speed/rate at which new coins are minted and released as dictated by the protocols written.
Metaverse
The Metaverse is a virtual space where users are able to interact with each other in a computer generated environment.
Crowdsale
This type of auction has a fixed price per token that is sold on a first-come-first-serve basis.
Fear, Uncertainty and Doubt (FUD)
A strategy to dissuade people from buying a particular cryptocurrency by spreading false information
Hungry for more knowledge?
Back to Glossary or Subscribe to our newsletter.