Crypto trade Ocean Head

2024-06-26 16:03:43 Crypto Speak: Merkle Roots

In the blockchain realm, ensuring transaction integrity and security is crucial. Enter Merkle roots—a cryptographic hash that acts like a digital fingerprint for a set of data, such as a block of transactions. Named after Ralph Merkle, who patented the concept in 1979, Merkle roots enhance data integrity by dividing data into smaller chunks, hashing each one, and then pairing and hashing them repeatedly until only a single hash remains.

Think of it as a digital DNA sample. Any alteration in the block data changes the corresponding leaf hash, which then propagates up the tree, modifying the Merkle root. By comparing the expected Merkle root with the actual one, any data tampering can be swiftly detected.

Merkle roots are vital in various blockchain applications like Bitcoin, Ethereum, and ZK-SNARKs for verifying the integrity of blocks and transactions efficiently. Open / Comment

2024-06-22 16:21:31 A daily closing above or below one of both will decide next big move.

65k8 or 64k8 Open / Comment

2024-06-22 16:21:20 Here is my assumption:

If price is failed to break down, volume is getting low - retail sellers are getting exhausted so market will program for a big move.

Big moves are created by big money, not small money.

Few ways to move market here:

- Dump on price in Spot
- Pump on price in Spot
- CLose mass short postions => Short squeeze => Market up

If It's programmed to BTC up in coming days, JaneStreet will close their 5B$ shorts to kick off short squeeze.

The cooperation BlackRock x JaneStreet already collected nice funding in past 100 days. Open / Comment

2024-06-22 16:21:12 #SOL 7% Profit so far Open / Comment

2024-06-22 16:21:04 Top 5 blockchains Open / Comment