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Author Topic: mining vs block generation (adding blocks to the blockchain)  (Read 703 times)
gokudev (OP)
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April 11, 2014, 07:49:09 AM
 #1

I like to know if mining and block generation are the samething. block generation means discovering and adding blocks to the blockchain.

Mining as per wikipedia
"Mining is the process of adding transaction records to Bitcoin's public ledger of past transactions. This ledger of past transactions is called the block chain as it is a chain of blocks. The block chain serves to confirm transactions to the rest of the network as having taken place. Bitcoin nodes use the block chain to distinguish legitimate Bitcoin transactions from attempts to re-spend coins that have already been spent elsewhere."

so are they both the same or not?
harkonnen
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April 11, 2014, 09:27:44 AM
 #2

yes
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