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> The “work” element in Proof-of-Work mining directly refers to a hashing problem. > The goal in Proof-of-Work is to find a hash that meets the criteria for a
by tromp 3y ago
> The “work” element in Proof-of-Work mining directly refers to a hashing problem.
> The goal in Proof-of-Work is to find a hash that meets the criteria for a new block.
The "hashing problem" is a specific choice of Proof of Work algorithm known as Hashcash. There are other possible Proof of Work algorithms [1] that are more like solving a jigsaw puzzle, like the Cuckoo Cycle problem that looks for fixed length cycles in random graphs.
[1] https://en.wikipedia.org/wiki/Proof_of_work https://en.wikipedia.org/wiki/Proof_of_work