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In a blockchain network where participants remain anonymous, a dependable coordination mechanism is essential. The “proof” acts as confirmation that a participant has met the requirements to validate ...
Proof of Work (PoW) is a consensus mechanism where miners use computing and compete to solve mathematical puzzles. When a puzzle is solved, transaction data is validated and added to the network, and ...
Validators are responsible for adding new blocks and verifying transactions in proposed blocks, thus playing a vital role in the functioning of the blockchain. A validator is crucial in validating ...
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