Bitcoin transaction hashes serve as the foundation of the cryptographic challenge for several reasons:
- Immutable: Once a transaction is recorded on the blockchain, it cannot be altered. This ensures that the hash tied to the challenge is permanent and untampered, creating a fair and transparent process.
- Public: Blockchain data is publicly accessible, allowing anyone to verify the hash against the actual Bitcoin transaction. This ensures the challenge is entirely open and verifiable by anyone—not just the site author.
- Real-Time: The blockchain is constantly updated with new transactions, providing a fresh and unpredictable source for challenges every 300 seconds.
By tying the challenge to Bitcoin transactions, the process remains transparent and ensures that I, the author, have no control over the hash used for the challenge.