# Tag Info

## New answers tagged cryptocurrency

3

Bitcoin mining is not something you "make progress" on. It's something where you make a bunch of attempts and most of them fail. The more attempts you make the higher your probability of one of those attempts succeeding but previous failed attempts do not do anything to make future attempts more likely to succeed. When you succeed in mining a block ...

0

This post is a little old considering the current conversations going on about the various approaches to generate secure, safe, live and unbiased randomness in Ethereum 2.0. However for a better update on the ongoing conversations, please let me share the latest progress in this discussion. Ethereum 2.0 is proposing a combination of RANDAO ( biased entropy) +...

3

The equation of the elliptic curve secp256k1 used in Bitcoin is $y^2 = x^3 + 7$ over a prime field $\mathbf{F}_p$. Removing the parameter $7$ makes the equation $y^2 = x^3$, which is not an elliptic curve, since there is a singularity at the point $(0, 0)$ (see the pictures in this page to see the problem around this point). If you consider all the non-...

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