Proof of Work
(PoW)
A consensus method where miners solve puzzles to validate transactions.
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What is Proof of Work?
Proof of Work, or PoW, is a consensus mechanism where miners compete to solve a complex mathematical puzzle to validate transactions and add blocks. The work proves that real effort was spent.
Things to keep in mind
Bitcoin uses Proof of Work, which is highly secure but energy intensive. The difficulty of the puzzle adjusts over time so that new blocks appear at a fairly steady pace.