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

Rana Mahmoud 202201271Aug 24, 2023 · 2 years ago3 answers

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

  • azimApr 27, 2022 · 3 years ago
    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.
  • mouhammed diopJun 10, 2020 · 5 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.
  • Jerome ShandFeb 26, 2023 · 2 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.

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