POW

DeFi Education

Proof of work vs proof of stake

There are two main consensus methods for a blockchain: proof of work (PoW) and proof of stake (PoS). PoW, a consensus method with a high mining cost but which makes.

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DeFi Education

what is proof of work?

Proof of work is a consensus algorithm that was first proposed by Adam Back in 1997. The algorithm requires nodes to perform an expensive computation called a proof of work.

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