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by EGreg 3114 days ago
You said proof of work is ABOUT ordering transactions. I was trying to say that it's not. It's used for other things: namely as a way to determine the next miner, like leader election in consensus protocols. It also adds a lot of computation on top of the transactions to show that the miner is heavily invested in the ecosystem and thus serves as an economic incentive. It has almost NOTHING to do with ordering transactions. Transactions are ordered by the blockchain, and everyone has to verify them anyway.
1 comments

You do realize that the miners' purpose is to order transactions right?
Pretty sure it's not. Go ahead and prove it with a link.