Proof of Work (PoW)

Revision as of 11:42, 29 April 2022 by ChaoticMonk (talk | contribs)

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:

https://fintechmagazine.com/financial-services-finserv/140-blockchain-and-crypto-words-ultimate-z-glossary