All language subtitles for 2. Technical Details of Litecoin Mining

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Would you like to inspect the original subtitles? These are the user uploaded subtitles that are being translated: 1 00:00:05,280 --> 00:00:16,860 Technical skills like going mine when like going to road used a block header is hashed and changed my 2 00:00:16,920 --> 00:00:18,470 DUPERE times. 3 00:00:18,640 --> 00:00:20,160 The results are different. 4 00:00:20,260 --> 00:00:27,350 Each and every time so that no one can just come in and generate feek like going 5 00:00:30,390 --> 00:00:42,910 locator a made up words in hash breeze block hash Mocha's group time bits and noun's Doppler squatty 6 00:00:43,240 --> 00:00:53,200 is made of Gund actions data hashed wire Mukha root your transaction are not directly hashed 7 00:00:55,840 --> 00:01:05,000 Therefore if one transaction block is hashed it's resulted in a seam mining mining effort like caching 8 00:01:05,000 --> 00:01:13,980 9000 or 20000 transaction but block what it really means is get out of the room in a block. 9 00:01:14,030 --> 00:01:15,970 There is only one transaction. 10 00:01:16,150 --> 00:01:20,380 So it will require the same mining effort. 11 00:01:20,580 --> 00:01:27,540 On the flip side if that block have 20000 transactions Dennie when it will require the scene mining 12 00:01:27,540 --> 00:01:30,790 effort superblock effort is the same. 13 00:01:30,850 --> 00:01:41,480 I'd say that block have one transaction or 20000 transactions before debit fee. 14 00:01:41,640 --> 00:01:43,510 Your present current target 15 00:01:46,300 --> 00:01:52,850 by using special floating point encoding. 16 00:01:53,010 --> 00:01:59,370 Now you might be confused with all these like technical stuff but it's really important because they 17 00:01:59,370 --> 00:02:02,610 tell you to like simple stuff in it. 18 00:02:02,610 --> 00:02:12,500 Example all the blocks require same effort so they will be like mining is a stuff that is required currently 19 00:02:12,980 --> 00:02:18,570 to make it a bigger make important transaction. 20 00:02:18,590 --> 00:02:23,800 Our digital currency because mining is really important. 21 00:02:23,900 --> 00:02:33,830 It helps the transaction to be secure and in the process helps people generate mining toward. 22 00:02:33,950 --> 00:02:38,990 Now how DOZHD money toward generated these are the technical details. 23 00:02:38,990 --> 00:02:46,010 Example this encoding used three bytes for using Mengistu and the head byte as the base exponent of 24 00:02:46,160 --> 00:02:57,280 minus 2 5 5:6 the don't start from zero and in previous bar hash to ex-generals of the generated transaction 25 00:02:57,680 --> 00:03:02,360 increases venit or flows and thereby changing the route. 26 00:03:02,620 --> 00:03:11,250 So it's not so easy for hacker to coming and hack the network different hashes or produce since each 27 00:03:11,250 --> 00:03:17,970 and every block is different for different hashes means some went outcoming and just do the same number 28 00:03:18,210 --> 00:03:27,200 and get a transaction processed each hash calculated has the same winning chance as every other record 29 00:03:27,200 --> 00:03:29,670 hash by the network. 30 00:03:29,730 --> 00:03:31,880 So it's completely secure. 31 00:03:31,890 --> 00:03:34,530 No one can just gumline and hack the network. 32 00:03:34,590 --> 00:03:39,980 It's nearly impossible for Lightwing is the future. 33 00:03:40,200 --> 00:03:50,040 Did you concurrency because it's far more similar to bite on Bitcoin than any other digital currency. 34 00:03:50,040 --> 00:03:50,620 Thank you. 3470

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