What is Proof of Work (PoW) in Blockchain? | PoW Explained

Proof of Work (PoW) is a foundational consensus mechanism used in many blockchain networks to validate transactions, secure the network, and prevent malicious attacks. PoW has become a core part of various cryptocurrencies. In this article, we will explore into the details of PoW, its importance, and its impact on the blockchain ecosystem.
November 8, 2024 · 6 min · Yasir Saeed