Markle Tree

The Merkle tree, also known as the Merkle tree, is a cryptographic data structure that was introduced in a 1979 paper by its inventor. It is used for authentication and digital signatures. The Merkle tree converts blocks of information into a unique chain of long codes (hashing), enabling cost-effective and reliable encryption of data. This technology forms the core of Bitcoin and Ethereum.

According to The Inventor of the Merkle Tree Wants DAOs to Rule the World, the Merkle tree has the potential to revolutionize the way decentralized autonomous organizations (DAOs) operate.