Yugocean
Valued Contributor
A Proof of Work (PoW) algorithm is a decentralized mechanism that requires solving a complex mathematical puzzle in any system of a network, this is also an ability of manipulation.
Mining - Creating a cryptocurrencies under Proof of Work is called mining, it requires a huge amount of energy and hardware controls. The complexity is adjusted from time to time so that the result is consistent with the mining time.
Transaction - This is a form of zero-knowledge proof in which one party (the provider) sends the proof to the other party (the verifier) of having spent a certain amount of a specific computational effort. Verifiers can verify this expenditure with minimal effort on their part. It was first used by Satoshi Nakamoto in a bitcoin transaction with computer engineer Hal Finney.
Mining - Creating a cryptocurrencies under Proof of Work is called mining, it requires a huge amount of energy and hardware controls. The complexity is adjusted from time to time so that the result is consistent with the mining time.
Transaction - This is a form of zero-knowledge proof in which one party (the provider) sends the proof to the other party (the verifier) of having spent a certain amount of a specific computational effort. Verifiers can verify this expenditure with minimal effort on their part. It was first used by Satoshi Nakamoto in a bitcoin transaction with computer engineer Hal Finney.
Some better examples of Proof-of-Work cryptos other than Bitcoin are -
Dash (DASH) , Litecoin (LTC) , Monero (XMR) , Dogecoin (DOGE) , Bitcoin Cash (BCH) , Bitcoin SV (BSV) , ZCash (ZEC) , Verge (XVG) , Vertcoin (VTC)