Proof of Work (PoW)
Glossary
Infrastructure
Proof of Work (PoW)
Consensus model where miners spend energy solving puzzles to add blocks.
Definition
In depth
In proof-of-work, miners race to solve a computationally expensive puzzle; the winner proposes the next block and earns the block reward. PoW secures Bitcoin and a handful of other chains, at the cost of significant energy use.
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Related terms
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