The lightweight zero-knowledge proof will allow Bitcoin users to verify payments without having to download the full blockchain history. StarkWare, a company specializing in zero-knowledge (ZK) ...

Bitcoin mining may look hardware-heavy and energy-hungry, but at its core, it’s probability-driven. Everything else follows from the structure of the hash lottery. Miners scale to reduce risk, pools ...

Merkle trees, also known as hash trees or binary hash trees, are tree-like data structures used in computer science. They are named after their inventor, Ralph Merkle, who proposed the concept in 1979 ...

The blockchain truly is a marvelous piece of technology. A mechanism to timestamp the order of digital information without needing to depend on a centralized operator. A decentralized mechanism with ...

Dirk Merkel continues his introduction to Bitcoin with a look at the Bitcoin network as a system. He briefly explains the mechanics of transactions, blocks, and the block chain, as well as the Bitcoin ...

Bitcoin is a decentralized digital currency operating without a central authority. It was created to address weaknesses in traditional financial systems. Bitcoin operates on blockchain technology, ...