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RE: LeoThread 2025-07-19 07:00

in LeoFinance3 months ago

Part 6/19:

The presentation elaborates on the process: miners repeatedly try different inputs (for example, adding a nonce—a random number—to the block header) until they find a hash that meets the difficulty criteria. Because of the probabilistic nature of hashes, brute-force computation is essential, and the energy expended ensures security: cheating miners must surpass trillions of hashing operations, translating into significant electricity costs.

Incentives and Economic Security