Re:Banks Are Fleeing Crypto. Bitcoin Investors Should Be Wor...
by strictlymomo on Tuesday January 10, 2023 @02:38PM
(#34330335)
Change the word mining to computing, and it’s more intuitive.
A network of nodes compute stuff together, making data available across the network. It’s like asking why is a distributed network valuable.
During the process of computing, the network validates stuff about the data, guaranteeing it properties, so that people can rely on it to a certain degree when reading from and writing to it.
A network of nodes compute stuff together, making data available across the network. It’s like asking why is a distributed network valuable.
During the process of computing, the network validates stuff about the data, guaranteeing it properties, so that people can rely on it to a certain degree when reading from and writing to it.