NONLINEAR PROOF-OF-WORK: IMPROVING THE ENERGY EFFICIENCY OF BITCOIN MINING
Bitcoin is probably the most well-known blockchain system in existence. It employs the proof-of-work (PoW) consensus algorithm to add transactions to the blockchain. This process is better known as Bitcoin mining. PoW requires miners to compete in solving a cryptographic puzzle before being allowed...
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| Main Authors: | Riaan Bezuidenhout, Wynand Nel, Andries Burger |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
UJ Press
2020-09-01
|
| Series: | Journal of Construction Project Management and Innovation |
| Subjects: | |
| Online Access: | https://journals.uj.ac.za/index.php/JCPMI/article/view/351 |
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