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In this BIP draft, Jeremy proposes a constrained and minimal type of covenant be added to Bitcoin. Covenants are essentially a type of restriction on where a given set of coins can be spent. They ...
You can follow Eric on Twitter at @wheatpond and subscribe here to Proof of Work. A quick note about an attack on Bitcoin that’s been observed in the wild recently.
That said, with the recent Ethereum (CRYPTO:ETH) merge, the world’s second-largest proof-of-work (PoW) network has become a proof-of-stake (PoS) one. This move has shifted investor interest toward ...
No, it’s not a report you have to show your boss—proof-of-work is a mechanism used to mine cryptocurrencies, including bitcoin. This article is 1 year old. Some details may be outdated.