Bitcoin BTC
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Ethereum ETH
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0
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Dogecoin DOGE
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Bitcoin Cash BCH
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Wrapped Beacon ETH WBETH
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+5.19
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Wrapped Bitcoin WBTC
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+698.38
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Wrapped eETH WEETH
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Chainlink LINK
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What is Proof-of-Work in Cryptocurrency?
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What is Proof-of-Work in Cryptocurrency?

Proof-of-Work (PoW) is a consensus algorithm used by many cryptocurrency networks to validate transactions on the blockchain. PoW is used to secure the network and prevent double-spending of digital assets by requiring miners to complete complex mathematical puzzles to create new blocks and add them to the blockchain. In return for their work, miners are