What is merkle (what does merk mean)
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What is merkle According to Coindesk, what is Merkle? Merkle is a branch of the Ethereum blockchain. It allows developers to program code between different applications faster and allows users to build without the need for third-party software. This technology is supported by a new encryption algorithm called “Zero-knowledge proof”: the tree graph model of Bitcoin and the token economics of Ethercoin. The combination of these two concepts enables people to create a more flexible and decentralized smart contract platform According to official sources, Merk is a smart contract platform based on zks. Merko is an applied public chain project jointly launched by multi-disciplinary experts in Cryptography, blockchain and computer science in 2017. Merker (Merkel Tree) is the only protocol token compatible with the Ethereum virtual machine on the Ethereum network. It is an open source development framework that provides the underlying infrastructure for Merkadot, utilizing ZK-SNARK technology and consensus algorithms such as Bitcoin and other mainstream distributed ledger technologies to protect transaction data privacy. Merk has also adopted a new programming language, Rust, as its syntax, enabling interoperability with other smart contracts.
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