Difference between revisions of "Proof of Work (PoW)"
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(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") |
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The consensus algorithm used to validate transactions on the blockchain, which requires users to solve complex computational puzzles to add new blocks | 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]] | ||
Revision as of 11:42, 29 April 2022
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.