proof-of-work

Cryptographic puzzle solving

Proof-of-work is a system requiring computational effort to validate transactions or earn rewards, used in cryptocurrency networks like Bitcoin.

Miners compete to solve complex mathematical puzzles; the first to succeed adds a block to the blockchain and receives payment.

The process is intentionally resource-intensive, making fraud prohibitively expensive while securing the network through distributed verification.

blockchain

hashrate

Cryptographic calculations per second

consensus · difficulty · SHA-256 · ledger · decentralization · validators · nodes · transaction · Bitcoin · Ethereum

verification

authentication

Confirming genuine identity

attestation · confirmation · demonstration · substantiation · corroboration · documentation · legitimacy · authenticity · validity · audit

effort

exertion

Vigorous physical effort

grind · diligence · perseverance · strain · tenacity · persistence · brute-force · trial-and-error · iteration · cycles

credibility

trustworthiness

Quality of being reliable

honesty · genuineness · dependability · veracity · soundness · trustless · accountability · transparency

Opposites
consensus mechanism type

proof-of-workproof-of-stake

Consensus via locked collateral

trust model

proof-of-workcentral authority

Single governing power source

centralized authority · notarization

Family

proof, proofs, proofed, proofing, proofer, proofread, proofreader, disproof, proven

Familiarity
Top 500,000
Profile
Used worldwide · Abstract · Rated G