Bitcoin Mining Explained Like You’re Five: Part 2 – Mechanics
In Part 1 we took a look at the incentives involved in Bitcoin mining and how they are used guarantee a single transaction history needed to prevent bitcoins from being double spent. In this post we will take more a technical look at the cryptography involved and how it is used to secure the network. … Continue reading Bitcoin Mining Explained Like You’re Five: Part 2 – Mechanics
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