Mining Process

The Picoin mining workflow follows a deterministic multi-stage process.

Step 1 — Task Assignment

The miner receives:

• task identifier;
• start position;
• end position;
• algorithm version;
• validation parameters.

Step 2 — Computation

The miner computes the assigned finite range of π.

Step 3 — Commitment

The miner submits:

• result hash;
• Merkle root;
• task metadata.

Step 4 — Validation Samples

The network generates deterministic validation challenges.

Step 5 — Reveal

The miner reveals requested samples and Merkle proofs.

Step 6 — Validator Approval

Validators independently verify the revealed samples.

Step 7 — Block Acceptance

If validator quorum is reached, the block becomes accepted.

Step 8 — Retroactive Audits

Historical blocks may later be audited through larger validation sets.