Tag: proof of work

• The Concept of Proof of Work in Crypto

  Blockchain is a crafty way of doing things. The most essential concept behind it is the proof of work protocol, which basically means that in order to create a new block in the blockchain, one must perform some amount of computational effort and spend a certain amount of energy. There are different variations of this…

  R Alayna

  February 17, 2022

  Finance

  cryptoadoption, Cryptocurrency, Cryptomining, proof of work