{"id":11922,"date":"2018-08-28T13:55:16","date_gmt":"2018-08-28T17:55:16","guid":{"rendered":"https:\/\/www.duck9.com\/?p=11922"},"modified":"2018-08-28T18:40:08","modified_gmt":"2018-08-28T22:40:08","slug":"confused-about-proof-of-work-well-meet-charlie-lee","status":"publish","type":"post","link":"https:\/\/www.duck9.com\/blog\/confused-about-proof-of-work-well-meet-charlie-lee\/","title":{"rendered":"Confused about Proof Of Work, Well meet Charlie Lee"},"content":{"rendered":"<div>\n<div>\n<table style=\"border: 1px solid black; padding: 8px\">\n<tbody>\n<tr valign=\"bottom\">\n<td width=\"48\"><img decoding=\"async\" src=\"https:\/\/pbs.twimg.com\/profile_images\/974516605089603584\/QFvlh7qq_normal.jpg\" style=\"width: 48px; height: 48px; padding-right: 8px\"><\/td>\n<td><b>Charlie Lee [LTC&#x26a1;] (<a href=\"https:\/\/twitter.com\/satoshilite?s=11\">@SatoshiLite<\/a>)<\/b><\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\">\n<div><a href=\"https:\/\/twitter.com\/satoshilite\/status\/1034183742489649152?s=11\">8\/27\/18, 1:59 PM<\/a><\/div>\n<div>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&#8217;s buried, you have to dig that deep to get to it, which costs A LOT of money because of PoW. <a href=\"https:\/\/twitter.com\/search?q=%23immutable&#038;src=hash\">#immutable<\/a> <a href=\"https:\/\/t.co\/5rZJY4uhMM\"><span>twitter.com\/LaurentMT\/stat\u2026<\/span><\/a><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><img decoding=\"async\" src=\"https:\/\/www.duck9.com\/wp-content\/uploads\/2018\/08\/image1.jpg\" id=\"D7984D60-5933-4C16-B8B3-00639A40F63B\" alt=\"image1.JPG\"><br \/>\nTxn is transaction.<\/div>\n<div>PoW is Proof of Work<\/div>\n<div>Immutable = realllly tough to delta<\/div>\n<div>\n<div><span style=\"background-color: rgba(255, 255, 255, 0)\"><br \/>\n<\/span><\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Charlie Lee [LTC&#x26a1;] (@SatoshiLite) 8\/27\/18, 1:59 PM 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&#8217;s buried, you have to dig that deep to get to it, which costs A LOT of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[61],"tags":[],"class_list":["post-11922","post","type-post","status-publish","format-standard","hentry","category-deep-underground-coin-knowledge-via-protocols"],"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts\/11922","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/comments?post=11922"}],"version-history":[{"count":0,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts\/11922\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/media?parent=11922"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/categories?post=11922"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/tags?post=11922"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}