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0 sats \ 0 replies \ @_stacktoshi 15 May \ parent \ on: What's the best explaination of Proof of Work Mining for non-technical people bitcoin
Yeah, sorry, left out that key bit about what to incentivize them with. Was in a rush. lol
And tying to the physical world is how we know each block (each puzzle or set of transactions) is mined (solved or validated) using real work, a fact that many imitators can't claim or at least nowhere near the extent of the Bitcoin network.
Finding the right combinations of words for the right audience is tricky though. I need to dust off my copy of the Bitcoin Standard and make sure I'm phrasing these concepts correctly for a broad audience.