I'm curious about the mathematical puzzle that's involved in Bitcoin. Could someone explain what this puzzle is and how it relates to the cryptocurrency?
6 answers
Nicolo
Sun Dec 01 2024
Proof of Work (PoW) serves as a consensus mechanism in blockchain technology.
HallyuHeroLegendaryStar
Sat Nov 30 2024
When combined with the block's data, this nonce generates a hash.
Sara
Sat Nov 30 2024
Miners are tasked with solving a mathematical puzzle within this mechanism.
SsangyongSpirited
Sat Nov 30 2024
The puzzle's complexity ensures that finding a solution is challenging.
henry_miller_astronomer
Sat Nov 30 2024
Verification of the solution, however, is straightforward.