Mining in #Bitcoin is more than just creating new coins. It's a revolutionary mechanism for a decentralized clearinghouse, validating transactions. This process is what sets Bitcoin apart - a P2P digital cash system underpinned by secure, decentralized mining.
#BitcoinMechanics #BlockchainTech
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Again, I wouldn't say "validating transactions".
Nodes validate transactions.
Mining:
1. offer an anti-spam protection service
2. creates a way to choose which one is the block to be considered valid without relying on any third party.
point 1 is exactly why it's right what Ocean is doing
nodes can help limit spam also, though the effect is very marginal, one never knows what path a new tx propagates versus when a block is assembled and target hash is found from it
