3 Jul
2017
3 Jul
'17
8:59 a.m.
On 03/07/2017 4:31 PM, Ben Laurie wrote:
Confused by this - Merkle trees inherently don't grow to enormous depth.
The bitcoin hash chain grows to enormous depth, and arguably it is a Merkle tree that testifies to all transactions everywhere that ever taken place in bitcoin. If you say it is not a Merkle tree, then fine. A scalable crypto currency has to employ a Merkle trees instead of whatever we call the thing that Bitcoin uses.