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In The Media

Confused about Proof Of Work, Well meet Charlie Lee

by Larry Chiang on August 28, 2018

Charlie Lee [LTC⚡] (@SatoshiLite)
The way I think about PoW is the idea of burying the transaction ledger deep underground. Each new block pushes all other blocks further down. In order to reverse any txn that’s buried, you have to dig that deep to get to it, which costs A LOT of money because of PoW. #immutable…

Txn is transaction.

PoW is Proof of Work
Immutable = realllly tough to delta

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