Tag Archives: pow

What is Proof of Authority (PoA)? How the PoA algorithm works What is Proof of Authority (PoA)? What problem does PoA algorithm help solve in Blockchain? What are the advantages and limitations of this algorithm? In addition to familiar algorithms such as Proof of Work and Proof of Stake, there …

What is Proof of Work (PoW)? Importance of PoW in Blockchain What is Proof of Work? How does the PoW consensus mechanism work? Learn about the importance and disadvantages of Proof of Work here! In parallel with Proof of Stake, Proof of Work is an early algorithm and is used …