Question: This problem pertains to Merkle trees in blockchain systems. Let there be a bitcoin full node which wants to efficiently verify whether a transaction is
This problem pertains to Merkle trees in blockchain systems. Let there be a bitcoin full node
which wants to efficiently verify whether a transaction is there in any of the blocks. The steps
progress as shown below. Note that B is a new block with block header H and transactions T the
hash value is denoted as h and t is any transaction in the set T Complete the algorithm. Use the
exact hash algorithm name wherever applicable.
Compute h verifies the proofofwork in and checks the timestamp in
For each transaction t in verifies ts signatures verifies that does not double
spend, and appends t as the rightmost leaf of the current blocks
After all t have been verified and appended, computes and stores the interior node hashes
and the root hash r in the form of a
Verify that the computed root hash equals the root hash in the block header
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