CRYPTO GLOSSARY · TECH

What is Proof of Work?

Consensus where miners solve puzzles for rewards.

📖 Full Definition

Proof of Work (PoW) is a consensus mechanism where miners compete to solve complex mathematical problems to validate transactions and add new blocks. Used by Bitcoin, PoW is energy-intensive but extremely secure.

💡 Example

Bitcoin mining consumes more electricity than some entire countries due to PoW.

🔗 Related Terms

Mining

Solving puzzles to validate blockchain transactions.

Proof of Stake

Consensus where validators stake coins.

Consensus

Agreement mechanism for blockchain validation.

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