Achieving #blockchain Scalability with Sparse Merkle Trees and Bloom Filters
▻https://hackernoon.com/achieving-blockchain-scalability-with-sparse-merkle-trees-and-bloom-filt
by Andrew BarisserMerkle Trees in BitcoinProblems with scaling are a primary factor blocking broader adoption of blockchain technologies like #bitcoin. These systems as they exist today simply won’t scale. We are forced to ask the question again and again, how can we extend the trustless paradigm across millions and billions of users if, to remain trustless, every user must validate very transaction?In this post I will lay out my thoughts on the matter, and propose a system involving Sparse Merkle Trees used in conjunction with Bloom Filters. It will retain many of the features of Bitcoin, namely Proof-of-Work and confirmation of block headers. But I lay out a proposal which I hope can attain 10x or more scalability over the current system, which currently relies on global verification of (...)