©  Daniel Drescher 2017

Daniel Drescher, Blockchain Basics, 10.1007/978-1-4842-2604-9_20

20. Paying for Integrity

Neither integrity nor the creation of trust is without costs

Daniel Drescher

(1)Frankfurt am Main, Germany

The discussion of how the blockchain processes new transaction data and how the nodes of the system reach an agreement concerning the true history of transactions revealed the importance of the hash puzzle. Solving the hash puzzle plays an important role in achieving and maintaining the integrity of the system. But solving the hash puzzle costs computational resources and, as a consequence, it costs money. For that reason, it is necessary to compensate the nodes that contribute to the integrity of the system for doing so. However, ...

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