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It delved into the intricacies of cryptographic hashing, the architecture of blocks and the timing mechanisms that would be used to sustain them. In the world of crypto, there is one document that is the Bible, Declaration of Independence and foundational blueprint for an entire industry: the Bitcoin white paper. By representing a block as an SHA hash, peers are required to spend computational power to produce a matching hash that generates a new addition to the ledger. Table of Contents.
