From cf72b00e450e2392b35926e85618189219e00eed Mon Sep 17 00:00:00 2001 From: "David A. Harding" Date: Thu, 25 May 2023 12:54:40 -1000 Subject: [PATCH] CH12: mining isn't a difficult problem It's a simple problem whose solution requires many iterations. --- ch10.asciidoc | 4 ++-- 1 file changed, 2 insertions(+), 2 deletions(-) diff --git a/ch10.asciidoc b/ch10.asciidoc index 368fe4cf..4f53364f 100644 --- a/ch10.asciidoc +++ b/ch10.asciidoc @@ -94,9 +94,9 @@ transactions. and fees")))((("Proof-of-Work algorithm")))((("mining and consensus", "Proof-of-Work algorithm")))Miners receive two types of rewards in return for the security provided by mining: new coins created with each -the block. To earn this reward, miners compete to solve a difficult -mathematical problem based on a cryptographic hash algorithm. The new block (called the _subsidy_), and transaction fees from all the transactions included in +the block. To earn this reward, miners compete to satisfy a challenge +based on a cryptographic hash algorithm. The solution to the problem, called the Proof-of-Work, is included in the new block and acts as proof that the miner expended significant computing effort. The competition to solve the Proof-of-Work algorithm