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3 questions
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What is the Coin Base Text of a bitcoin block?
On the site https://coin.dance/blocks#blockDetails, there is a column Coin Base Text with values like Mined by AntPoolk9 Z4,b or *3Zc/BTC.COM/mm.jn~OoBրn*e*@ for example. What does it mean? Is it ...
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What happens if everyone discovers much faster way of solving hash function problem (mining)?
The question is not about how bitcoin mining works, but rather how bitcoin system adapts to progress in ability to tackle proof-of-work problems.
Suppose that proof-of-work problems used for bitcoin ...
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Are transactions still tamper-proof if blocks are hashed without nonces?
If an alt were to forgo difficulty and timed release of new supply by removing the nonce from blocks therefore the whole difficulty/target system, is hashing without nonces still providing the same ...