A Merkle Tree is a mathematical data structure used in computer science and blockchain applications. The Bitcoin (BTC) blockchain and Ethereum (ETH) blockchain utilize Merkle trees to encode chain data securely. Blockchain Merkle trees are used to create a hash of different data blocks serving as a summary of all the transactions in a specific block.
NFT Term
Merkle Tree
Definition of Merkle Tree from the NFTguild.com glossary.
