diff --git a/faq/index.html b/faq/index.html index d5063a4..a53bcb0 100644 --- a/faq/index.html +++ b/faq/index.html @@ -130,13 +130,13 @@
Handshake uses proof-of-work mining, as it is currently the most reliable way to do compact light client proofs. Proof of work uses computational power, a lot of it. However, the overwhelming majority of this computational power is produced using renewables, currently wind and hydro. The reason proof-of-work is currently primarily renewables is that the competitive cost has driven down to places with excess energy, which are remote hydro and wind farms. While there are no guarantees this will persist, the percentage which uses renewables is increasing. In the future, it is possible to have it be a contributor to subsidizing off-grid solar power. As the grid becomes less viable due to local generation, it is possible that miners securing the network can provide an additional revenue stream. This isn't certain, but a theory is that if mining is secured by solar, the network security would be much higher, as that would mean that it requires significant investment in physical infrastructure to attack. This benefits people with off-grid solar panels, as their electricity is otherwise worthless after their batteries are fully charged. While it is uncertain if this will prove to be the case and alternatives should be ready, currently the overwhelming majority of proof of work mining uses renewables is increasing.
+Handshake uses proof-of-work mining, as it is currently the most reliable way to do compact light client proofs. Proof of work uses computational power, a lot of it. However, the overwhelming majority of this computational power is produced using renewables, currently wind and hydro. The reason proof-of-work is currently primarily renewables is that the competitive cost has driven down to places with excess energy, which are remote hydro and wind farms. While there are no guarantees this will persist, the percentage which uses renewables is increasing. In the future, it is possible to have it be a contributor to subsidizing off-grid solar power. As the grid becomes less viable due to local generation, it is possible that miners securing the network can provide an additional revenue stream. This isn't certain, but a theory is that if mining is secured by solar, the network security would be much higher, as that would mean that it requires significant investment in physical infrastructure to attack. This benefits people with off-grid solar panels, as their electricity is otherwise worthless after their batteries are fully charged. While it is uncertain if this will prove to be the case and alternatives should be ready, currently the overwhelming majority of proof of work mining using renewables is increasing.
On the 615817th Bitcoin block height, the BTC blockhash will be committed into the Handshake genesis block. While it can be immediately mined, the genesis block is only locked in after six confirmations. After the first six confirmations of valid Bitcoin blocks with the genesis block will not change even with a deep reorg. The code is available for download starting on February 1, 2020. Transactions will enabled after two weeks worth of blocks.
+ On the 615817th Bitcoin block height, the BTC blockhash will be committed into the Handshake genesis block. While it can be immediately mined, the genesis block is only locked in after six confirmations. After the first six confirmations of valid Bitcoin blocks, the genesis block will not change, even with a deep reorg. The code is available for download starting on February 1, 2020. Transactions will enabled after two weeks worth of blocks.