NONLINEAR PROOF-OF-WORK: IMPROVING THE ENERGY EFFICIENCY OF BITCOIN MINING
Bitcoin is probably the most well-known blockchain system in existence. It employs the proof-of-work (PoW) consensus algorithm to add transactions to the blockchain. This process is better known as Bitcoin mining. PoW requires miners to compete in solving a cryptographic puzzle before being allowed...
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Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
UJ Press
2020-09-01
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Series: | Journal of Construction Project Management and Innovation |
Subjects: | |
Online Access: | https://journals.uj.ac.za/index.php/JCPMI/article/view/351 |
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