Wednesday, June 6, 2018

Building A Blockchain In .NET Core - Transaction And Reward

In my previous article, I talked about Proof of Work. Proof of Work requires a lot of computing time, in turn, it uses a lot of electricity. One example is that the power consumed by the entire Bitcoin network in November 2017 is higher than that of Ireland. All the nodes in Bitcoin network are volunteers that they “donate” their computing time to the network. The question is why people want to connect their computer to a Blockchain network and use their computing time to help on Proof of Work? The answer is an award.

source https://www.c-sharpcorner.com/article/building-a-blockchain-in-net-core-transaction-and-reward/

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