Proof of work

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Revision as of 21:32, 8 March 2020 by Mr. MacKenty (talk | contribs)
Advanced programming[1]

Proof-of-Work, or PoW, is the original consensus algorithm in a Blockchain network. In Blockchain, this algorithm is used to confirm transactions and produce new blocks to the chain. With PoW, miners compete against each other to complete transactions on the network and get rewarded.[2]

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