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

Jump to navigation Jump to search
(Created page with "The consensus algorithm used to validate transactions on the blockchain, which requires users to solve complex computational puzzles to add new blocks onto the chain. == Sources: == https://fintechmagazine.com/financial-services-finserv/140-blockchain-and-crypto-words-ultimate-z-glossary Category:Glossary")
 
m
Line 1: Line 1:
The consensus algorithm used to validate transactions on the blockchain, which requires users to solve complex computational puzzles to add new blocks onto the chain.
The consensus algorithm is used to validate transactions on the blockchain, which requires users to solve complex computational puzzles to add new blocks to the chain.


== Sources: ==
== Sources: ==
https://fintechmagazine.com/financial-services-finserv/140-blockchain-and-crypto-words-ultimate-z-glossary
https://fintechmagazine.com/financial-services-finserv/140-blockchain-and-crypto-words-ultimate-z-glossary
[[Category:Glossary]]
[[Category:Glossary]]