
PoW is a necessity to achieve the security that cryptocurrency systems target. The primary objective of these systems is to have a secure fraud-. Proof of Work (commonly abbreviated to PoW) is a consensus algorithm used for preventing the 51% attack or double-spends. Cryptocurrency. Proof-of-Work, or PoW, is the original consensus algorithm in a Blockchain network. In Blockchain, this algorithm is used to confirm.
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