The Role of a Miner in a Crypto Space
Miners play a crucial role in cryptocurrency networks that use Proof-of-Work (PoW) consensus mechanisms, like Bitcoin.
Main roles of miners:
1. Verifying and Validating Transactions:
i). Miners verify the legitimacy of transactions by checking them against cryptographic signatures and the rules of the cryptocurrency protocol.
ii). They group confirmed transactions into blocks and add them...
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