Hi Everyone,
Many newcomers in the space will probably be asking about Proof of Work and how Bitcoin secures the network. I wanted to put together an article to explain these concepts.
Proof of Work ExplainedLet me know if I missed anything! Can't wait to hear what you guys think.
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You may try to look at the formula on pages 7...9 of the White Paper. Try to explain in Layman´s that the formula of the probability of abusing the consensus with the computing power, describes not only one record, but the whole blockchain. If someone in NYT etc. finds it and understands it, your blog may get famous.