Someone asked: Who is Adam Back?
I usually answer like this: In 2014, Adam Back co-founded the Bitcoin technology company Blockstream, and became its CEO in 2016. 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 verifying it only takes one calculation.
$BTC 66986.47 (-2.5%)
If anything is unclear, ask in the comments.
#BTC
I usually answer like this: In 2014, Adam Back co-founded the Bitcoin technology company Blockstream, and became its CEO in 2016. 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 verifying it only takes one calculation.
$BTC 66986.47 (-2.5%)
If anything is unclear, ask in the comments.
#BTC
