Explained What Is Proof Of Burn Pob
It is the first miner to find the solution for a certain block, with the proof of work being broadcast over the network. A distributed network with nodes will verify whether the proof is valid or not. Blocks with miners can be permanently added to the blockchain, thereby earning the right to be rewarded with newly generated bitcoins. The consensus algorithm will do its job in a different way when it comes to the blockchain with Proof of Stake....