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14
Ask a cryptard what mining is doing, and they have an elaborate hash story. Then ask how hashes are used ..and its crickets. Time we pulled back the curtain --> mining is volunteer super-computing for decrypting global data. SETI@Home but for the CIA, KGB, Mossad, etc. And they flip you a nickle. (media.scored.co)
posted 1 year ago by pkvi_apostate 1 year ago by pkvi_apostate +18 / -4
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– SuicideTruthbomber 2 points 1 year ago +2 / -0

Individuals not knowing the minutae of a blockchain protocol does not mean that what you say about it is true.

The hash value I believe you are talking about is used in the block headers. They contain the hash of the previous block in the chain.

The critical thing to remember is that choosing a nonce value that along with the transaction information generates a small enough hash value to be accepted is difficult while verifying that the hash is correct is trivially easy.

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