POW Rules

POW Rules of pvm network

Overview 🌐

PVM’s Proof-of-Work (PoW) mechanism is designed to secure the network by rewarding miners for their computational contributions. In our system, miners compute SHA256 hashes to generate a random seed that meets a specific difficulty requirement. Valid proofs are submitted and tallied daily, ensuring fair and transparent distribution of PVM tokens.

Mining Process ⛏️

  1. Hash Calculation: Miners compute a SHA256 hash based on a random seed. The goal is to produce a hash that meets our stringent difficulty requirement.

  2. Difficulty Requirement: A valid hash must begin with the sequence 31415926. This specific prefix ensures that only computationally intensive and valid proofs-of-work are accepted.

  3. Submission of Valid Hash: Once a miner finds a valid hash, it is submitted to the network. Only hashes that start with 31415926 are considered valid and contribute to the daily tally.

  4. Continuous Mining: Miners continuously compute hashes throughout the day to maximize their chances of submitting valid proofs.

Proof-of-Work (PoW) Algorithm Details 🔍

SHA256-Based Random Seed Generation

  • Algorithm: The SHA256 cryptographic hash function is used to compute a hash from a random seed.

  • Target Difficulty: The hash must satisfy:

    hash.startswith("31415926")
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