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Denis Bossy
Denis Bossy

Denis Bossy

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From WTF is The Blockchain? by Mohit Mamoria

…have to do is — add the contents of the page with the sealing number and feed to the magic machine. If the machine gives out a word with three leading zeroes, the contents were untouched. If the word that comes out doesn’t meet our requirements, we can throw away the page because its contents were compromised, and are of no use.

From WTF is The Blockchain? by Mohit Mamoria

[Jargon Box] The sealing number is called ‘Proof Of Work,’ meaning that this number is the proof that efforts had been made to calculate it. We are good with calling it ‘sealing number’ for our purposes.

From WTF is The Blockchain? by Mohit Mamoria

er a year. Once in the fol…tomorrow and not even after a year. Once in the folder, it will always stay in the folder — sealed. Moreover, if everyone trusts the seal, everyone trusts the contents of the page. And this sealing of the page is the crux of this method.

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