jb55 on Nostr: It’s a very elegant idea! Just counting the number of 0 *bits* at the start of the ...
It’s a very elegant idea! Just counting the number of 0 *bits* at the start of the hash. Bitcoin uses a more sophisticated and granular approach by interpreting the difficulty as a 256-bit number. Hashcash’s downside is that it gets less granular for each bit
Published at
2024-09-21 06:29:40Event JSON
{
"id": "87c8a0a85463f3f804c9d0daf82c9d79aa6d70eae0c9282c7593080b388ff5a3",
"pubkey": "32e1827635450ebb3c5a7d12c1f8e7b2b514439ac10a67eef3d9fd9c5c68e245",
"created_at": 1726900180,
"kind": 1,
"tags": [
[
"e",
"e789ea9447b0dac6571a3e2cfcff0fce376d6837aa3e0af3d84327083f17a7e1",
"",
"root"
],
[
"e",
"6eb45b05ef84dbb21c2573011a77b5031a90f4098f33d492d131c539e7cd46e8",
"",
"reply"
],
[
"p",
"ec9bd7465546ba061f5dfde716a4f20f3f27ecc28ca4870775e5e853df11a9d0"
]
],
"content": "It’s a very elegant idea! Just counting the number of 0 *bits* at the start of the hash. Bitcoin uses a more sophisticated and granular approach by interpreting the difficulty as a 256-bit number. Hashcash’s downside is that it gets less granular for each bit",
"sig": "74d013569adefb49c27d314bdcb5fa0c081a2d5d332838c45238faf08bbbceea149b1bf5bd71f2137da11ffac3f9478f31a81866694654a54bf473d5bdab8376"
}