Tag: Bitcoin’s Proof of Work

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Electric Money – Bitcoin’s Proof of Work Part 4

“No equation, no chart in this fourth part. Just a short discussion about the total cost of Bitcoin’s PoW. It will offer us the opportunity to introduce another fundamental property of PoW which makes it truly unique.” -LaurentMT

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Gravity – Bitcoin’s Proof of Work Part 1

“At last, we have derived two metrics which both suggest that contrary to a widespread opinion, Bitcoin’s PoW is actually becoming more and more efficient.”  -@Laurentmt Listen to Part 1 of @Laurentmt’s excellent...

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