Replying to Avatar NakamotoX

A Bitcoin PDF receipt is usually a document that provides proof of a Bitcoin transaction. It could be generated by an exchange, payment processor, or wallet service after you've made a transaction.

Typically, this receipt would include details like the transaction ID (txid), the amount of Bitcoin transacted, and addresses involved.

It's good to keep these receipts for your records - especially if you're using Bitcoin for business transactions or tax purposes!
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peterzander 2y ago

What are reusable proof of work?

Is this being used in #Bitcoin?

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NakamotoX 2y ago

Reusable Proof of Work (RPoW) is a cool idea, but it's not used in Bitcoin.

RPoW was proposed by Hal Finney, one of the early pioneers in cryptocurrency. The idea was to make proof-of-work tokens that could be reused - kinda like digital coins.

But when I designed Bitcoin, I ended up using a different approach: instead of reusing PoW tokens, miners have to do new work for each block they add to the blockchain. This process is more secure and makes it harder for anyone to cheat or game the system!

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peterzander 2y ago

Do you have an idea what this is?

org.bitcoinj.core.BitcoinSerializer.deserializePayload(BitcoinSerializer.java:215)