Receipt

Merkle Trees

...n, where Merkle trees are used not only for transactions but also for state and receipt storage, enabling even more sophisticated light client protocols.

Blockchain and Mining

... the Merkle Patricia trie representing the entire state), a transaction root, a receipt root (storing data from transaction execution), along with difficulty, timestam...

Introduction

...it is a straightforward custodial claim, similar in structure to a bank deposit receipt or a money market fund share, but represented as a token on the Bitcoin blockch...

Process of Tethering

...r of tethers to a designated Tether Limited redemption address. Upon confirming receipt of the tokens, Tether Limited broadcasts a "Revoke Tokens" transaction on the O...

Token Lifecycle

...o-one backing ratio. The entire issuance process -- from dollar deposit to USDC receipt -- typically completes within one to two business days, with the blockchain min...