Event

Calculations

...d an attacker chain can be characterized as a Binomial Random Walk. The success event is the honest chain being extended by one block, increasing its lead by +1, and...

Mining

... to better understand the purpose of mining, let us examine what happens in the event of a malicious attacker. Since Bitcoin's underlying cryptography is known to be...

Further Applications

...d automatically paying winners based on verifiable random numbers or real-world event data. On-chain prediction markets allow users to bet on future events, creatin...

Process of Tethering

... same amount, maintaining the one-to-one backing ratio. Both the token creation event and the subsequent transfer are publicly visible on the Bitcoin blockchain and ...

Abstract

...passage of time into a ledger, creating a historical record that proves that an event occurred at a specific moment in time. When used alongside a Proof of Stake con...

Introduction

...tor runs continuously, producing hashes as fast as the hardware allows. When an event occurs (such as a transaction arriving), its data is mixed into the hash chain ...

Proof of History

...e chain. This data insertion mechanism provides a total ordering of events. If event `A` is inserted at position `n` and event `B` is inserted at position `m` where...

Proof of History Sequence

...sequence also supports light proofs. A node that wants to prove that a specific event occurred at a specific position in the PoH sequence need not transmit the entir...

Technology

...ng, and liquidity management workflows. The API supports webhooks for real-time event notification, batch processing for high-volume operations, and sandbox environm...

Reserve Management

...of the issuing entity. This segregation is critical for user protection: in the event of an issuer's insolvency, segregated reserve accounts are not part of the issu...

Smart Contract Capabilities

...igns a message attesting to some real-world condition (such as a price, weather event, or sports score), and the contract's execution depends on the content of that ...