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vault/pow.md
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2025-04-19 23:04:48 -05:00

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The three pillars of PoW

Asymmetry

Easy to verify, hard to compute

Puzzle/Challenge

Have to solve a very challenging(computationally) problem

Nonce

A value used to vary inputs until the puzzle solution meets a requirement.

Common Puzzles/Challenges for PoW

  • Bitcoin's SHA256: Find a nonce such that hash(block + nonce) starts with a specific number of zeros. This is usually only used for blockchains, hence there is the block. However, this could be used for other applications as well.

  • ProgPoW: Heavily GPU and CPU intensive, as it creates a psuedo-random program that does several seemingly random operations using the nonce to generate a number that one can "mine" in order to get.

  • RandomX (Used by Monero) Is heavily CPU-dependent, as it doesn't translate onto the GPU that well, and it works by using Just-In-Time(JIT) to create another psuedo-random program that can be mined as well. However, this uses all kinds of operations, like floating point, AES, and memory loads.