What is Proof of Work?

What is in cryptocurrencies? Proof of Work can be really confusing, but it’s just a way for a bunch of people to compete in a blockchain A blockchain is a digital ledger of transactions that works from a decentralized network.Learn more. The winner gets a mining reward and to add the next block. Proof of Work is the first and most commonly used consensus model – its used by BitcoinBitcoin (BTC)1$ 67,714.930.18%1h-6.01%24h-15.89%7ddetails!

Learn more about PoS (Proof of Stake):
youtu.be/vZ2UZdB07fo

whiteboardcrypto.com