I didn't understand this when I first got into crypto, either.
Back in 2004, Hal Finney designed the Reusable Proof of Work (RPOW) system.
In Bitcoin's early days, just a handful of developers maintained the network. It was their willingness to mine on their own computers that got the network up and running.
For comparison, $BTC is trading at 81573.79, down 0.96% over 24 hours.
Have you run into any pitfalls related to this? Share them to help everyone else avoid them.
Back in 2004, Hal Finney designed the Reusable Proof of Work (RPOW) system.
In Bitcoin's early days, just a handful of developers maintained the network. It was their willingness to mine on their own computers that got the network up and running.
For comparison, $BTC is trading at 81573.79, down 0.96% over 24 hours.
Have you run into any pitfalls related to this? Share them to help everyone else avoid them.