Is mining really important?

Is mining really important?

Mining is the backbone of digital currency. It guarantees four main functions: confirmation of operations, protects the blockchain from incorrect data, also protects the network from attacks, supports a decentralized network system, an operation carried out by two network users must always be confirmed by participation in a data block.

 

  • The miner accepts the operation and adds it to the block. Then the coins taken into account in the operation are used in the future.