Bitcoin miners collect and broadcast transactions in a block and verify their validity. Then they apply a cryptographic hash function of the previous block's header to the new block. Finally, they try ...

In this episode of “Bitcoin, Explained,” hosts Aaron van Wirdum and Sjors Provoost go back to Bitcoin basics. They explain one of the most fundamental building blocks in all of Bitcoin: hash functions ...

Understanding Bitcoin is a one-way hash function should make sense because a hash function cannot be reversed. Once you understand that, it is hard to go back to thinking otherwise. The secure hash ...

Bitcoin’s consensus mechanism ensures that work needs to be done in order for transactions to confirm and secures bitcoin in the fairest manner. This is an opinion editorial by Pierre Gildenhuys, the ...

Proof of work validates transactions on a blockchain by miners solving hash puzzles. Bitcoin uses proof of work, rewarding miners with coins for adding blocks. Proof of stake offers a less ...

Conceived by the enigmatic figure known as Satoshi Nakamoto, Bitcoin represents a monumental technological breakthrough, introducing the world to a decentralized cryptocurrency that operates ...

Mining algorithms are the backbone of blockchain-based networks like Bitcoin and other protocols. In blockchain technology, mining algorithms are necessary for transaction verification and network ...