"Proof of Work" TAG

An Update on Proof of Work
  • research
As the consensus mechanism underpinning the majority of the most valuable base blockchain networks to date, Proof of Work has historically played a central role in the cryptoasset industry. Today, mining has largely fallen out of favor for new protocols, as staking and delegation mechanisms have become more widespread. However, Proof of Work remains an...
Intro to Cryptocurrencies
  • research
Overview Bitcoin was created as a peer to peer electronic cash system. It is a decentralized network of computers that stores transactions in a ledger, in the form of a blockchain. Bitcoin was created as an open-source project, which means the code was visible from the first day to the whole world to examine, copy,...