Difference between revisions of "Proof of Work (PoW)"

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'''Proof of Work (PoW)''' is a blockchain protocol in which the creator of the next block is asked to do some work both difficult (processing time consuming) to produce but easy to verify. Producing a proof of work can be a random process with low probability so that a lot of trial and error is required on average before a valid proof of work is generated.  
 
'''Proof of Work (PoW)''' is a blockchain protocol in which the creator of the next block is asked to do some work both difficult (processing time consuming) to produce but easy to verify. Producing a proof of work can be a random process with low probability so that a lot of trial and error is required on average before a valid proof of work is generated.  
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==Links==
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* '''@bitcoin-journal''' : [https://steemit.com/@bitcoin-journal/what-is-the-difference-between-proof-of-work-and-proof-of-stake-in-cryptocurrency What Is the Difference Between Proof of Work and Proof of Stake in Cryptocurrency?] ''March 21, 2018''
  
 
==Related articles==
 
==Related articles==

Revision as of 10:43, 21 March 2018

Proof of Work (PoW) is a blockchain protocol in which the creator of the next block is asked to do some work both difficult (processing time consuming) to produce but easy to verify. Producing a proof of work can be a random process with low probability so that a lot of trial and error is required on average before a valid proof of work is generated.


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