
The Bitcoin Podcast #367- Nathan, Wes, and Darcy Ubitquity
The Bitcoin Podcast
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How Does Proof of Work Mining Work?
Bicoin is an example of using physical harddrive space to do the same thing, i'm pretty sure file coin is an alternative. But then you have proof of stake, which is like art. And so now people are like, oh, that's what other scarce external resources exist in the world that weakan maybe used to do the sat stuff. S tike y llt's just use the native currency itself. Let's just put the digital scarcity locked on the block chain,. Then that is now your weight of being a virtual miner called the validator. Popstake systems then do then perform consensus in n some different way.
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