Gregory Trubetskoy personal blog

Proof-Of-Work is a Decentralized Clock

This is an explanation of the key function on Proof-of-Work in the Bitcoin blockchain. It focuses on the one feature of Proof-of-Work that is essential and shows that other features often talked about such as security are secondary side-effects, useful, but not essential. This explanation rests on illustrating a few…
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Crypto & BlockchainMath & Algorithms2018

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Apr 17, 2018Proof-Of-Work is a Decentralized Clock by gtrubetskoy232124

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