What was the idea behind “proof of work,” used in Bitcoin mining, originally designed for?
The core property of proof of work is that it’s “hard to compute, easy to verify”: finding a hash that meets the requirements takes many attempts, while verification only takes one calculation.
When I first got into crypto, I thought understanding candlestick charts was enough. Later, I realized that the fundamentals are the first lesson.
Verify news through multiple sources before making a decision. Don’t just listen to one person’s take.
$BTC 82566.01(-0.69%)