Contents tagged with PoW

  • Proof of Work Schema

    Hello everybody,

    today I want to present schema of something named Proof of Work. 

    There are people which better understand situation with pictures then with words. Also there is a saying one picture is worthy thousands of words.

    First of all, imagine, that all blockchain is 6 computers. All of them of course connected. For example like on the picture:

    Computer 5 is in another colour for a reason. Read next part and you'll get why.

    Next think, imagine, that we have in blockchain 4 elements. Like this:

    And of course, task. It is needed to add one more chain: blockchain5 to all of this. Here is what will happen:

    It's not possible just to add blockchain5 via simple copy in memory … more