More / Bitcoin Reddit - 2 years ago
Another long post. I request that you bear with me and I hope this allows people to understand that proof of work is non-negotiable for a public blockchain. We've grown into this habit of dismissing even the most legitimate fact-based criti...
More / Bitcoin Reddit - 2 years ago
submitted by /u/fuchsi21 [link] [comments]
Bitcoin News / Bitcoin.com - 2 years ago
The most topical conversation in the world of cryptocurrencies right now is the effects of bitcoin mining on the global environment after Elon Musk heated up the conversation. Following the recent Tesla announcement, the cofounder of Siphox and Powx,...
More / Bitcoin Reddit - 2 years ago
submitted by /u/teaneedz [link] [comments]
More / Etherum Reddit - 2 years ago
That is, how is it done such that there is no central authority which runs the pseudorandom number generator and decrees which validator may propose the next block? submitted by /u/polar_nopposite [link] [comments]
More / Etherum Reddit - 2 years ago
submitted by /u/ligi [link] [comments]
Bitcoin News / Bitcoin Stack Exchange - 6 years ago
The discrete logarithm problem is a cryptography concept that underlies the basis of much of modern cryptography. In general the discrete logarithm problem states that for the equation bk (mod p) = a where b, a, and p are known values and p is prime...
Bitcoin News / Bitcoin Stack Exchange - 6 years ago
Reading your question, I suspect the cause for your confusion is around the setting in which Merkle trees are used. I think you are right that in the Bitcoin world, the setting is taken for granted and is not usually explained clearly. Here's my two...
Bitcoin News / Bitcoin Stack Exchange - 6 years ago
Hashcash-style proof of work is a simple search process: Try lots of nonce values until you get an acceptable solution. To verify a node simply just has to try one value, the one the miner provided. So it uses the same test but does not search, as...
Bitcoin News / Bitcoin Stack Exchange - 8 years ago
Calling the Lightning Network (LN) a Proof-of-Stake (PoS) system is orthogonal to the concept usually labeled as PoS. What we usually describe as PoS is a mechanism to achieve distributed consensus among a network of participants. Staking is hereby...
