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Results tagged with proof-of-work
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user 119530
This tag should be used for questions regarding how Proof of Work works and Proof of Work algorithms. Proof of Work is a scheme where a 3rd party can verify that someone performed at least a certain amount of work to produce something. This is used in Bitcoin mining.
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When should proof-of-work be done? Does it involve in mining a coin? Can it be done without ...
I am trying to understand about what bitcoin is. I conceptualize bitcoin as a proof of work required when a new block (or new coin) is created. I also understand that a proof of work involves finding …
