Bitcoin miner - page 115
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Where does bitcoin come from?
http://vas3k.ru/blog/blockchain/
http://vas3k.ru/blog/blockchain/
Hunting in two words and preferably your own!
Specifically directly, who understands what cryptocurrency is and how? And what a miner gets paid for!
Where does bitcoin come from?
Where the euro and all the others come from, out of nowhere.
From where the euro and all the others come from, out of nowhere.You get an F!
Hunting in two words and preferably your own!
Specifically directly, who understands what cryptocurrency is and how? And what a miner gets paid for!
It would take a single computer decades to find a hash starting with 10 zeros. But if you unite thousands of computers into one network and search in parallel, then according to the theory of probability this problem is solved in 10 minutes on average. That is the time for a new block to appear in the bitcoin blockchain. Every 8-12 minutes, someone on the ground finds such a hash and gets the privilege of announcing their find to everyone, thus avoiding the problem of who was first.
Where does bitcoin come from?
In our countryside, we have a developed credit system, a kind of debt book, each shop has its own.
You take the products and ask: "write it down on your word of honour".
In the case of bitcoin, it is the same, only an honest word is not enough, it must be confirmed by an action, so that no one can write anything into the book for free.
when a stack of entries is in the book, miners start confirming it, looking for a block hash.
the first miner to find a nice hash gives him the right to tell everyone that he has nth bitcoin (he found a block! well done! hold the right to tell everyone that you have n coins!)
that's where bitcoin comes from: miners "give the right" to the first block finder to say they have n coins and confirm it
In our countryside we have a developed credit system, a kind of debt book, each shop has its own
You take the groceries and ask: "Put it down on your word of honour".
Sanek, Stellar would be the best way to settle accounts there )
Sanek, Stellar would be great for mutual settlements)
It'll be 1000000 years before they figure it out.)
Let them write it down in a notebook the old fashioned way
It'll be 100,000 years before anyone here understands what it is.)
Let them write it down in a notebook the old-fashioned way.
It's very clearhere.
It's very clearhere.
well this is the essence of blockchain, but they don't need it here )
if they at least had the ambition to do so.
At this scale, where everyone knows each other's faces, it is not necessary.