Sunday, 5 December 2021

Proof Of Work Useful Beyond Bitcoin

Proof Of Work Useful Beyond Bitcoin

Anyone who has studied bitcoin for a while knows that proof-of-work in bitcoin mining is the key to the security and to the unforgeable nature of the protocol. Bitcoin mining in 2021 requires that miners use purpose-built computers [called ASIC’s] to convert real-world energy [more than 50% of which is renewable and stranded energy] intoContinue reading
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