Proof of Work Explained Simply : Learn Blockchain

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Proof of Work (PoW) is a consensus algorithm used in the original Bitcoin implementation. In a Blockchain system new transactions are periodically added by packaging these transactions in a block. This block is then added to the Blockchain. Please read What is Blockchain Technology if you don't already know. Background Users send each other digital tokens (e.g. Bitcoins). All such transactions are stored in a public ledger which implemented on Blockchain. But before transactions are added to the ledger they need to be confirmed. There are special nodes in the network called peers or more popularly miners who are responsible for confirming transactions and adding them to blocks. A block gener
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Devji Chhanga

I teach computer science at university of Kutch since 2011, Kutch is the western most district of India. At iDevji, I share tech stories that excite me. You will love reading the blog if you too believe in the disruptive power of technology. Some stories are purely technical while others can involve empathetical approach to problem solving using technology.

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Devji Chhanga

I teach computer science at university of Kutch since 2011, Kutch is the western most district of India. At iDevji, I share tech stories that excite me. You will love reading the blog if you too believe in the disruptive power of technology. Some stories are purely technical while others can involve empathetical approach to problem solving using technology.

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