Proof of Work

July 10, 2019 By blockchainzoo

Some tech experts believe that Proof of Work is a technological dead-end, while others think that you cannot have a blockchain without this consensus algorithm. What is your perspective? Is Proof of Work dead?

Proof of Work

PoW- based Blockchains leverage specialised computers, called miners, which consume energy resources to perform accounting and security services for the network.

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