Thursday, 14 December 2017

I'm pretty sure this wiki page was written by Chris Morris

A few members of my team have been investing in crypto currencies so I wanted to find out a little more about them as I really have no idea.

Here's a section from the mining section

"To be accepted by the rest of the network, a new block must contain a so-called proof-of-work.[46] The proof-of-work requires miners to find a number called a nonce, such that when the block content is hashed along with the nonce, the result is numerically smaller than the network's difficulty target.[3]:ch. 8 This proof is easy for any node in the network to verify, but extremely time-consuming to generate, as for a secure cryptographic hash, miners must try many different nonce values (usually the sequence of tested values is 0, 1, 2, 3, ...[3]:ch. 8) before meeting the difficulty target."

I stopped reading and started laughing at their use of the word nonce. It's been written in a similar tone as Chris Morris used in the Day Today when talking about Cake.