What is Validator Set?

The Validator Set is the group of people or entities chosen to verify new transactions and create blocks in a Proof of Stake (PoS) system.

In Proof of Work mining, the Nonce is a random number that miners change over and over again to try and create the correct hash for a new block.

What is Difficulty Bomb?

The Difficulty Bomb is a piece of code written into the Ethereum blockchain that gradually makes the process of Proof of Work mining exponentially harder.

What is Block Reward?

The Block Reward is the cryptocurrency prize that a miner or a validator receives for successfully creating and adding a new, valid block of transactions to the blockchain.

Proof of Work (PoW) definition

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Oct 04, 2025

Definición

Consensus mechanism requiring miners to solve complex mathematical puzzles

PoW, used by Bitcoin, ensures security through computational expense but faces criticism for environmental impact; it has proven resilient against attacks for over 16 years. Technical Details: Bitcoin Target Time: 10 minutes per block. Difficulty Adjustment: Every 2016 blocks (~2 weeks). Hash Algorithm: SHA-256 double hash. Security Analysis: 51% attack cost for Bitcoin: >$15 billion in hardware + ongoing electricity costs.

keywords

Mining & Validation

Términos Relacionados

Mining Pool

Mining Rig

Validator Set

Nonce

Difficulty Bomb

Block Reward