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A better characterization would be that Bitcoin requires miners to perform vast amounts of hashing in the hopes of finding a hash that is arbitrarily difficult
by WantonQuantum 5y ago
A better characterization would be that Bitcoin requires miners to perform vast amounts of hashing in the hopes of finding a hash that is arbitrarily difficult to find.
- missingrib 5y agoThat's needlessly technical. The original sentence summed it up better.
- tromp 5y agoFurthermore, Proof of Work is not necessarily hashing [1]. [1] https://cryptorials.io/beyond-hashcash-proof-work-theres-mining-hashing/ https://cryptorials.io/beyond-hashcash-proof-work-theres-min...