Crypto Notes: Difference between revisions
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*Hash cash - brute force a calculation. Hash cash was concept used. | *Hash cash - brute force a calculation. Hash cash was concept used. | ||
*51% of miners decide when to do the next halving. | *51% of miners decide when to do the next halving. | ||
*Non egalitarian mining - you need serious equipment - which . | |||
Revision as of 20:59, 22 February 2021
- Halving time - every 4 years
- Value goes up 1 year after halving
- MD5 checksum - variable quantity of data - pass it through a checksum. Fixed length checksum is created.
- Cryptographic - is a one way hash function. Takes public data, add a nonce. To get a certain number of zeros at the start of a hash.
- Hash cash - brute force a calculation. Hash cash was concept used.
- 51% of miners decide when to do the next halving.
- Non egalitarian mining - you need serious equipment - which .