Post
Topic
Board Altcoin Discussion
Re: Proof of stake instead of proof of work
by
ChuckOne
on 17/05/2014, 20:23:42 UTC
Nevertheless, my answer to your next set of questions goes back to my gold analogy: how do I know that a piece of metal is gold?  Should I just believe what I've come to know over the course of my life that gold is yellow, shinny, dense, atomic #79, etc?  What if it's not?  What if everyone is lying to me?  

What if cats are actually dogs and dogs are actually cats!!

Yes, everybody is lying to you.

So, I assume you always build your software yourself AND before that, you look through the code.

But still, how do you verify that hash? Where does it come from initially?