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Results tagged with proof-of-work
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user 52717
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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What is the downside of not using Proof of Work for validator selection?
Bitcoin uses Proof of Work for two things: one is to secure the blockchain with strong cryptographic signatures like a Merkle tree, and the other is to crown the validator which "mines" a solution as …
