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Author: Admin | 2025-04-28
Attention!This wiki is only valid for the older IB Computer Science Curriculum (last exam 2026).Please do not use this wiki for IB computer science for the new curriculum (first exam 2027).This wiki will sunset at the end of next year around June 2026!! I'll delete it and start a new wiki from scratch. Please email me with any questions: bmackenty@gmail.com Toggle the table of contents From Computer Science Wiki Advanced programming[1]A peer-to-peer computer process, Blockchain mining is used to secure and verify bitcoin transactions. Mining involves Blockchain miners who add bitcoin transaction data to Bitcoin’s global public ledger of past transactions. In the ledgers, blocks are secured by Blockchain miners and are connected to each other forming a chain.[2]At its core, the term ‘Blockchain mining’ is used to describe the process of adding transaction records to a blockchain. This process of adding blocks to the blockchain is how transactions are processed and how money moves around securely on Bitcoins. This process of Blockchain mining is performed by a community of people around the world called ‘Blockchain miners.’[3]New blocks are created when a sufficient number of mining nodes have verified a block of transactions. The miners are issued a reward in the cryptocurrency for each block mined, in doing so, more of the specific cryptocurrency is put into circulation.Explain it Like I'm Five (ELI5)[edit]"Say I tell three friends that I'm thinking of a number between 1 and 100, and I write that number on a piece of paper and seal it
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