What is Proof of Work? (Cryptocurrency Explanation)

Описание к видео What is Proof of Work? (Cryptocurrency Explanation)

What is Proof of Work in cryptocurrencies? Proof of Work can be really confusing, but it's just a way for a bunch of people to compete in a blockchain. The winner gets a mining reward and to add the next block. Proof of Work is the first and most commonly used consensus model - its used by Bitcoin!



Learn more about PoS (Proof of Stake):
   • What is Staking in Crypto (Definition...  

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