The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Yes. I walk everywhere. How did you guess, little man?
W***ker
Sorry read decentralised system
The midnight deramper reappears. Go away.
@schalfenplanet, more DD is required, use YouTube until this is remedied. Your current questions indicate confusion.
Crypto miners validate transactions by computing a value thereby earning a mining fee for which they are awarded new bitcoin defined by the system.
Every transaction requested by the user utilises the 'everyone knows everything' principle where every peer can examine the history of the transaction(s). The content plus the 'proof of work' PoW, once confirmed will generate a unique hash value to a specific format. Once the miner finds the proper value for the 'proof of work' they are rewarded with a transaction fee which is added as part of the validation process. Validated transactions are then passed to the p2p network now stored in a specific database format known as a blockchain which is then published to a historical public ledger readable by all. More than one miner can validate a transaction, however the greater hash generated is usually awarded the fee. Hash power in ALL blockchain transactions is key.
As it is a centralised system using Peer2peer network where 'everyone sees everything', moderators are not required.
Regards Zatoichi tshikomi-tsui style
* comrade
Check out the late trades.
Good finish Well done all newbies and LTH holders! Have a good weekend
Schalf! Gst will rise soon as well!
Have a good weekend, comarade.
I hoping it would stay at 4 pence, but the result was still good.
Enjoy your weekend
Kindest Regards schalf
* Pff. Bloody keypad. Not senile. Haha.
I got a bit over excited and topped up at 3.83p, but still glad I did. The price will rise above that next week, so no need for anyone who also got carried away today to worry.
Have a good weekend everyone.
Have a good weekend!