Proof of Work (PoW)
From Steem Center
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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.
See also:
Links:
- Wikipedia: Proof-of-work system