IntroductionIn a blockchain network where participants remain anonymous, a dependable coordination mechanism is essential. The "proof" acts as confirmation that a participant has met the requirements to validate a block of transactions, signifying their good-faith…

This is an opinion editorial by Tim Niemeyer, co-host of the Lincolnland Bitcoin Meetup and a member of the Chief Lightning Officers.On January 4, 2023 (block 770,402, for those of you keeping score at home),…