Difference between revisions of "Proof-of-Work"

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(Created page with "Proof-of-work is a system that uses mining verify block transactions. Miners compete to solve a mathematical problem or block. Once the block is solved, the person who sol...")
 
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Latest revision as of 22:20, 16 March 2018

Proof-of-work is a system that uses mining verify block transactions. Miners compete to solve a mathematical problem or block. Once the block is solved, the person who solved it is given the reward. Afterwards, the transaction is verified and stored in the blockchain.