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Bitcoin and Proof of Work

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Bitcoin and Proof of Work

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Figures from "Beyond the doomsday economics of "proof-of-work" in cryptocurrencies"
https://www.bis.org/publ/work765.pdf
For a college class in cryptography

Figures from "Beyond the doomsday economics of "proof-of-work" in cryptocurrencies"
https://www.bis.org/publ/work765.pdf
For a college class in cryptography

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Bitcoin and Proof of Work

  1. 1. Proof of Work
  2. 2. Source https://www.bis.org/publ/work765.pdf
  3. 3. Interest in Bitcoin
  4. 4. Making a Payment
  5. 5. Rewards
  6. 6. Difficulty
  7. 7. Cost of Mining
  8. 8. Transactions
  9. 9. Congestion
  10. 10. Extra Credit Quiz

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