contractless/blockchain
2
1
Fork 0
Code Issues 1 Pull Requests Actions Packages Projects Releases Wiki Activity

Update Proof of Time

contractless 2024-10-23 20:23:22 +00:00
parent bc7cec8c03
commit b9f1951cb9
1 changed files with 1 additions and 0 deletions
Show Stats Download Patch File Download Diff File Expand all files Collapse all files

1
Proof-of-Time.md

@ -21,3 +21,4 @@ GPUs (Graphics Processing Units) became the preferred hardware for PoW mining du
As difficulty levels in blockchain networks like Bitcoin increased, the computational power provided by CPUs quickly became insufficient for effective mining. GPUs, with their superior parallel processing capabilities, offered a significant performance boost, enabling miners to generate more hashes in a shorter period and thus increasing their likelihood of discovering a valid block. However, as the blockchain ecosystem evolved, specialized hardware such as ASICs (Application-Specific Integrated Circuits) eventually outpaced GPUs, leading to the centralization of mining power in PoW networks. As difficulty levels in blockchain networks like Bitcoin increased, the computational power provided by CPUs quickly became insufficient for effective mining. GPUs, with their superior parallel processing capabilities, offered a significant performance boost, enabling miners to generate more hashes in a shorter period and thus increasing their likelihood of discovering a valid block. However, as the blockchain ecosystem evolved, specialized hardware such as ASICs (Application-Specific Integrated Circuits) eventually outpaced GPUs, leading to the centralization of mining power in PoW networks.
### Proof of Work (RandomX)