Think of Proof of Work (PoW) as a puzzle solving competition. Participants (miners) compete to solve complex mathematical computers in this game. The first miner to find the correct solution is rewarded for their efforts by adding a new block of transactions to the blockchain.
Solving these puzzles requires a lot of processing power, making it a difficult task.
Consensus Mechanisms Of A Voting System On The Blockchain
Solving these puzzles requires a lot of processing power, making it a difficult task.
The security biz list of PoW comes from the fact that miners need to use real-world resources to play the puzzle-solving game, such as energy and sophisticated computers. Once a block is uploaded to the blockchain, it becomes virtually impossible to change or tamper with the information in that block.
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This is because changing anything BTC Database EU in the block would require redoing all the puzzle-solving operations for every resulting block, which is nearly impossible.
Voters in a PoW-based online voting system could participate in the puzzle-solving process. Each vote could be treated as a puzzle, with voters (or their computers) competing to solve it.
