Researchers at the Massachusetts Institute of Technology have developed cryptocurrency Vault, which requires 99% less verification data for new users than bitcoin and 90% less than Ethereum. The Vault protocol is a way to make it easier for people who want to use blockchain technology but don’t know how to do so without spending time learning about it.
Researchers at the Massachusetts Institute of Technology have developed cryptocurrency Vault, which requires 99% less verification data for new users than bitcoin and 90% less than Ethereum. The team said Vault used breadcrumb blocks for certificate verification data, significantly reducing bandwidth, while binary Merkle trees allowed the crypto to use a shard scheme for processing data without compromising security.