Which of the following statements sums up the Proof of Work consensus process?
Posted: Mon Mar 27, 2023 1:39 pm
Which of the following statements sums up the Proof of Work consensus process?
A. Miners complete to find a nonce results in a hash that starts with a predetermined number of leading zeros.
B. Miners put up a stake. A miner is then selected based on stake value to add a new block to the chain. If a miner adds an invalid block to the chain, that miner loses their stake.
C. All nodes agree on the data of the transaction.
D. Miners send assets to an inactive address. This process selects the next owner of a block.
A. Miners complete to find a nonce results in a hash that starts with a predetermined number of leading zeros.
B. Miners put up a stake. A miner is then selected based on stake value to add a new block to the chain. If a miner adds an invalid block to the chain, that miner loses their stake.
C. All nodes agree on the data of the transaction.
D. Miners send assets to an inactive address. This process selects the next owner of a block.