The Cryptocurrency Phenomenon – A Thesis [Part 6]

by CryptoconomyGuy

“How does Bitcoin use a peer-to-peer network of computers to enforce the rules agreed upon by human participants?”

Today we explore how Proof-of-Work enables the Bitcoin system to achieve consensus without any central point of control.  Section 5 of the incredible Thesis by iterative.capital, “Machine Consensus Via Proof-of-Work.”

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