How Bitcoin Uses the Proof of Work Consensus Mechanism
bitcoin’s proof of work relies on miners solving complex cryptographic puzzles to validate blocks, secure the network, and make attacks costly through high energy and hardware demands.
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bitcoin’s proof of work relies on miners solving complex cryptographic puzzles to validate blocks, secure the network, and make attacks costly through high energy and hardware demands.
bitcoin’s decentralization distributes control across thousands of nodes, reducing single points of failure. This broad participation makes coordinated attacks harder, boosting resilience.
Proof of Work is the backbone of bitcoin’s security. It requires miners to solve complex puzzles, making attacks costly and protecting the network’s integrity and transaction history.
bitcoin transaction confirmations measure how deeply your payment is embedded in the blockchain. More confirmations generally mean higher security against reversals.