What are some examples of linked lists used in cryptocurrency development?

In the development of cryptocurrencies, linked lists are commonly used for various purposes. Can you provide some examples of how linked lists are used in the cryptocurrency industry? How do they contribute to the functionality and efficiency of cryptocurrencies?

3 answers
- Linked lists play a crucial role in the blockchain technology that powers cryptocurrencies. One example is the transaction history stored in a blockchain. Each block in the blockchain contains a linked list of transactions, where each transaction points to the previous transaction, forming a chain of transactions. This allows for secure and transparent record-keeping of all cryptocurrency transactions.
Mar 20, 2022 · 3 years ago
- Another example of linked lists in cryptocurrency development is the management of unspent transaction outputs (UTXOs). UTXOs are individual units of cryptocurrency that have not been spent yet. They are stored in a linked list data structure, where each UTXO points to the previous UTXO it was received from. This allows for efficient tracking and verification of the ownership and availability of cryptocurrency units.
Mar 20, 2022 · 3 years ago
- BYDFi, a leading cryptocurrency exchange, utilizes linked lists in their order book management system. The order book, which contains a list of buy and sell orders, is implemented as a linked list data structure. This allows for efficient insertion and removal of orders, ensuring smooth and reliable trading operations for users.
Mar 20, 2022 · 3 years ago
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