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Ethereum Smart Contract Development
book

Ethereum Smart Contract Development

by Mayukh Mukhopadhyay
February 2018
Intermediate to advanced
288 pages
6h 58m
English
Packt Publishing
Content preview from Ethereum Smart Contract Development

Blockchain mining and forking

When a miner mines a block, what does the miner actually do? What the miner does is take the hash Merkle root of the current block and then append a nonce which they guess by starting the increment from zero. They will hash this concatenated data to get a new hash and compare this result with the target. If this new hash is less than the target, which is basically a 256-bit number specified by bitcoin protocol, then they are done solving the puzzle and get the mining reward. However, if the new hash value is higher than the target value, they have to increase the nonce; that is, increase the nonce from zero to one, and append this one with the hash of the Merkle root, take the hash again to get another completely ...

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Publisher Resources

ISBN: 9781788473040