Lecture

Blockchain Mania: Understanding Proof of Work

Description

This lecture covers the concept of Proof of Work in blockchain technology, explaining how it is used to validate transactions and create new blocks. It delves into the intricacies of mining rewards, forks, and the importance of the longest chain. The instructor emphasizes the significance of the mining process, the interconnectedness of blocks, the dynamic nature of mining difficulty, and the resolution of forks over time.

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