Adam Back in three sentences:
Adam Back has a PhD in computer science from the University of Exeter, where he focused on distributed systems.
The core property of proof of work is that it is “hard to compute, easy to verify”: finding a hash that meets the requirements takes many attempts, while verification requires just one calculation.
Be especially cautious of products like cloud mining that promise fixed returns; many are actually scams.
$BTC 82150.77(+1.04%)
#BTC
Adam Back has a PhD in computer science from the University of Exeter, where he focused on distributed systems.
The core property of proof of work is that it is “hard to compute, easy to verify”: finding a hash that meets the requirements takes many attempts, while verification requires just one calculation.
Be especially cautious of products like cloud mining that promise fixed returns; many are actually scams.
$BTC 82150.77(+1.04%)
#BTC