Changes

Jump to navigation Jump to search
13 bytes removed ,  04:25, October 7, 2023
→‎How it works: better wording
Line 6: Line 6:  
==How it works==
 
==How it works==
 
===Proof-of-Work===
 
===Proof-of-Work===
−
In this system, an individual runs a "miner" program which works through complex calculations to eventually generate a large block of seeming gibberish—this block is an alt-coin.  This block is saved to the user's "wallet," that is, a place of storage for this cryptocurrency.  When the user is ready to spend this currency, it is sent to another user's wallet (using a [[wallet address]]) through a [[peer-to-peer]] system.<ref>https://www.cryptocoinsnews.com/bitcoins-future-proof-of-stake-vs-proof-of-work</ref><ref name="bitcoinmagazine.com">https://bitcoinmagazine.com/articles/what-proof-of-stake-is-and-why-it-matters-1377531463</ref><br />
+
In this system, an individual runs a "miner" program which works through complex calculations to eventually generate a large "block." This block is a unit of currency.  This block is saved to the user's "wallet," that is, a place of storage for this cryptocurrency.  When the user is ready to spend this currency, it is sent to another user's wallet (using a [[wallet address]]) through a [[peer-to-peer]] system.<ref>https://www.cryptocoinsnews.com/bitcoins-future-proof-of-stake-vs-proof-of-work</ref><ref name="bitcoinmagazine.com">https://bitcoinmagazine.com/articles/what-proof-of-stake-is-and-why-it-matters-1377531463</ref><br />
    
===[[proof-of-stake|Proof-of-Stake]]===
 
===[[proof-of-stake|Proof-of-Stake]]===
Block, SkipCaptcha, Upload, Automoderated users, Check users, delete, edit, Moderators, move, oversight, protect, ratelimit-exempt, rollback
19,982

edits

Navigation menu