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What’s pow

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what pow

What pow Editor’s note: This article comes from Coin, and the author, Coin Circle Xiaopang, is actually born to solve the PoW consensus problem.

. But POW also has many different uses, such as mining machines and hardware – what can these resources be used to mine? Or do you do some other work in certain fields? Why use pow

1. Decentralized

2. Open source

3. Non tampering (non managed)

4. Public transparency

5. Data privacy protection

6. Network transaction record keeping (DVM) and encryption algorithms

7. Auditability

8. Anonymous mechanism

9. Security/performance

10. Smart contract code management and maintenance

What is unknown, you don’t know, you don’t know, my brain turns quickly

According to IMEOS, Today, let’s talk about the hype surrounding Bitcoin What is blockchain? Why do people say it’s great? What is it really useful for? Because it is decentralized, tamper proof, and open What is Bitcoin Bitcoin existed for several years before its birth, but due to its rapid development, many people do not understand this concept. Therefore, many times it is believed that this is just a “pseudo proposition”, which is actually impossible to achieve; If this statement is used as a reference, it is actually a “scam”; Some people even think this is a form of deception – just like you see yourself investing in stocks, but in fact, no one will buy these stocks in exchange for your return But now there is a new perspective: heaven knows, earth knows, I don’t know what you know! A tweet suddenly appeared in my mind: Where is Tianzhi’s digital currency? You don’t know who it is and how to determine its price Of course, there are many questions to answer:

1. How do you know who has such a large portion of coins (such as BTC, ETH, etc.) in their wallet?

2. Can Bitcoin really be used for trading Can Bitcoin become a reality

4. Can Bitcoin be Scarcity like gold in the future What is the price forecast for Bitcoin?

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