Proof of Work (Explained)
So you’ve read the theory, but want to understand Bitcoin programmatically. In this post we will analyse the core codebase written in C++ to understand how one can generate and include a block in the chain. Starting with the atomic unit of construction in this context, a block is a grouping of transactions that alter the state of the ledger. For example, a coinbase transaction may be included by a miner to collect a block reward.