Tag: PoW
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WHAT DOES “PROOF OF WORK” IN CRYPTO MEAN?
You’ve most likely heard the debate between PoW otherwise known as Proof of Work and its counterpart Proof of Stake. To understand what proof of work is, first we need to know what a consensus model is, and why it is needed. Being what is called a “distributed ledger”, this technology is self-governing (which means there […]