Introduction / TL;DR Proof-of-work (POW) is a consensus protocol. It allows the nodes of the network to agree on the state of all information recorded on that blockchain. This prevents users from "double spending" their coins. It also ensures that th...
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Nice article my friend.
PoW was seen like the most logical and fair way for mining. I don’t think, this is as relevant today. Proof of Stake, or Solana’s Proof of History seems like good alternative.
I believe the future will be more hybrid. Cross-chain and also Multiple consensus mechanisms.
Nice article brother I dont thinkg POW can be described as "efficient".
It is the most energy consuming consensus algo in blockchain space
Eleftheria Batsou
Community Manager | Developer & UX | Youtuber ❤
Hi Sarthak Verma, great post!
I just wanted to let you know that the link for Twitter, in the upper right corner is broken :)
Have a nice day.