proof-of-work

What is Proof of Work? Everything you need to know about PoW

The very first blockchain ever uses the Proof of Work (PoW) algorithm. It is therefore also the best-known consensus algorithm at the moment. Because miners can validate blocks, they earn money. This keeps the blockchain network running continuously, day and night. Do you already know what Proof of Work is? What is Proof of Work? With the Proof of …

What is Proof of Work? Everything you need to know about PoW Read More »