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Proof Of Work


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What Is Proof-of-Work?

By FXCOINZ Editorial

04/09/2024

Proof-of-Work (PoW) is a vital consensus mechanism used in many cryptocurrencies, including Bitcoin. It secures decentralized networks by requiring miners to solve complex puzzles to validate transactions. Despite its energy-intensive nature, PoW plays a crucial role in maintaining blockchain security and ensuring trustless, decentralized operations.