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by PeterisP
3110 days ago
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Mining is a "proof of work" event - in essence, you generate a random value so that a cryptographic hash total block would end with a particular number of zeroes. Such a block + hash is trivial to verify but very time/effort consuming to create, thus proving that you spent a large amount of (otherwise useless) work to "mine" that block. Having a large amount of work required is what prevents a malicious actor from tampering with the chain, since doing so requires doing as much work as all the other miners together. |
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