Are VeriBlock Transactions on the Bitcoin Network Helping or Harming BTC?
According to reports from Bitcoin (BTC) developers, a startling amount of block space is being wasted on the Bitcoin network to secure the blockchains of other cryptos. A company called VeriBlock has been “borrowing” the hashing power of the Bitcoin network to increase security on vulnerable altcoin chains and filling up BTC block space in the process.
VeriBlock works on a process known of “proof-of-proof” whereby the latter “proof” is arrived at using th
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