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Title: Bitcoin Gold: what exactly are we "mining"? Post by: davemanet on October 18, 2017, 07:04:01 AM With mining, we're verifying transactions when we mine, right?
So, if Bitcoin Gold is new -- exactly what transactions are being made that have to be verified if nobody is making purchases with them? I'm just trying to get a better understanding of how it works. Title: Re: Bitcoin Gold: what exactly are we "mining"? Post by: bathrobehero on October 18, 2017, 07:09:29 AM Mining is there to secure the network by advancing the blocks - even if they're empty.
Title: Re: Bitcoin Gold: what exactly are we "mining"? Post by: amirulhere46 on October 18, 2017, 08:20:51 AM Just wait and see 25 October . and you will know hehe
Title: Re: Bitcoin Gold: what exactly are we "mining"? Post by: ZenFr on October 18, 2017, 08:30:28 AM With mining, we're verifying transactions when we mine, right? BitcoinGold mining will mine transactions blocs, even if these blocs are empty.So, if Bitcoin Gold is new -- exactly what transactions are being made that have to be verified if nobody is making purchases with them? I'm just trying to get a better understanding of how it works. This is true for all blockchain mining system. It is normal if at the begining the blocks are quasi empty, then smaller to store in the blockchain. Title: Re: Bitcoin Gold: what exactly are we "mining"? Post by: Good_Boy on October 18, 2017, 09:12:01 AM 1. We can mind empty blocks.
2. When the release of Bitcoin Gold blocks will not be empty so many people will send coins to exchanges. Title: Re: Bitcoin Gold: what exactly are we "mining"? Post by: PDAngel on October 18, 2017, 09:34:56 AM 1. We can mind empty blocks. :) oh i see.. i wait for FORK, actually2. When the release of Bitcoin Gold blocks will not be empty so many people will send coins to exchanges. Title: Re: Bitcoin Gold: what exactly are we "mining"? Post by: coinfoundry on October 18, 2017, 10:29:19 AM 1. We can mind empty blocks. 2. When the release of Bitcoin Gold blocks will not be empty so many people will send coins to exchanges. This. Exactly. |