Difference between revisions of "Proof of work"

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A '''proof-of-work''' is  
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A '''proof-of-work''' is the verifiable result obtained through a given work. Anyone should be able to make sure that a given share of work was accomplished.
  
[[Category:Bitcoin Jargon]]
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This is used in bitcoin for blocks generation. The block hash itself is a proof-of-work, proving whoever generated that block deserves the associated transaction fees and reward.
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[[Category:Vocabulary]]
  
 
[[fr:Preuve de travail]]
 
[[fr:Preuve de travail]]

Revision as of 00:31, 20 December 2010

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A proof-of-work is the verifiable result obtained through a given work. Anyone should be able to make sure that a given share of work was accomplished.

This is used in bitcoin for blocks generation. The block hash itself is a proof-of-work, proving whoever generated that block deserves the associated transaction fees and reward.