Proof of work is something I barely understand, can someone in here be patient enough to explaining all me all the layers of it? I'll quote Michael Saylor " satoshi opened a portal into cyberspace" can any1 explain me that in terms of proof of work lol?

Reply to this note

Please Login to reply.

Discussion

The only way bitcoin can be mined is if work was done (calculations). Finding a block is the proof that work was done.

Bitcoin is proof-of-work.

The only way to have muscle is to work. Muscles are proof that work was done.

Muscles are Proof-Of-Work.

Proof-Of-Work is when the work is proven by the sole existence of the thing.

If I have muscles, I don't need to prove anything to you. The proof is there to be seen.

Not sure if that helps.

But in what, proof of work, helps open a portal into cyberspace as Michael Saylor once said

Maybe, for the first time bitcoin is the proof that digital or the 0 exist.