Hey everyone, I understand what proof of work and the mining thing is is and what proof of stake is but I can’t understand how they validate transactions , what do they do? I know what digital signatures are just to save you explaining it. It’s just the validation I don’t get.
so with proof of stake, validates are incentivized by inputting a security deposit higher than that of the transaction they’re validating, so if it is false and they get caught, they lose their money. Can someone explain how they get caught?
Also with proof of work, what’s stopping a miner from simply validating a false transaction? They are still adding the transaction to the block, like how does it get flagged in the first place?
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source https://www.reddit.com/r/btc/comments/qggctr/how_are_bitcoin_miners_incentivized_not_to/
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