Digital networks need a way to agree. In traditional systems, a central authority provides this agreement. A bank, for example, verifies transactions. But decentralized systems operate differently. They rely on
All posts tagged in Proof of Work
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Imagine a world where strangers on the internet can reliably agree on financial transactions without banks or governments. This revolutionary idea powers decentralized networks like Bitcoin and Ethereum. At their
Bitcoin operates through a decentralized process where computers solve complex puzzles to validate transactions and create new coins. This system relies on specialized equipment capable of handling intense computational workloads.
