0
$\begingroup$

I have some trouble finding valid information about IOTA. Actually I would be nice if there would be a good source.

So my question is: Bitcoin uses the SHA-256 twice and some "target bits" for hashing it's blocks.

What PoW does IOTA use? Some sort of Hashcash Lite - but how does this work in detail?
Is there also a header with a timestamp and some previous block hash?

$\endgroup$
1
  • 1
    $\begingroup$ I'm voting to close this question as off-topic because this is about crypto currency $\endgroup$
    – Maarten Bodewes
    Oct 26 '18 at 1:49
1
$\begingroup$

IOTA doesn't use proof of work. IOTA is a tangle, and the consensus is reach based on the information propagation in the network. You can find more information about it here: https://forum.iota.org/t/iota-consensus-masterclass/1193

$\endgroup$
1
  • $\begingroup$ Maybe I wasn't correct enough: You confirm two nodes of the tangle by doing a Hashcash Lite. How does this work? $\endgroup$
    – garondal
    Oct 23 '18 at 20:58

Not the answer you're looking for? Browse other questions tagged or ask your own question.