Proof-of-Work

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The mechanism that secures the Bitcoin network. To add a block of transactions to the blockchain, miners must perform a costly computational task expending real-world energy. This makes Bitcoin’s ledger incorruptible and means Bitcoin cannot be created from nothing: each coin represents real energy expenditure.

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Value For Value

The New Economy

I’ve never had sponsors and I don’t run ads. My content is fully self-funded and supported by readers like you.

This is value for value in practice; the peer-to-peer, no-middleman principle I write about in my book.

If you find value in the Bitcoin education I share, consider helping me scale my work by zapping me some sats ⚡️

⚡ Support this work via Lightning: daniella@coinos.io