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#383: Bitcoin: A Work In Progress with Sjors Provoost

TFTC: A Bitcoin Podcast

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How to Spend Proof That U3 XO Existed?

There's multiple ways to do it. I think the general term is an accumulator. And how does somebody want to spend proof that that U3 XO previously existed? Magic. And Despendable. No. But yeah, how do I explain it? I guess you're, do you know Merkle trees? I understand the concept. Yeah. So what you can do is you can, every user will have the top hash of the Merkle tree. That represents who owns what, but you don't know what's in the MerKle tree. When somebody wants to spend it, they have to reveal some part of the Mer kle tree,. Some leaf at

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