Proof of Work
A transaction validation system that requires the use of a computationally intensive process within the network that acts as a deterrent to prevent denial of Service or like-wise spam attacks.
Finally, a proof of work ban is off the table in Europe
The lead politician responsible for the MiCA report in the EU Parliament has announced that a proof of work ban is now officially off the table.
A critical week as proof of work coins may still be banned in Europe
The battle to save proof of work coins like Bitcoin from being banned is not over in Europe. This week is a critical moment for the legislation that looked to ban proof of work mining.
Today’s EU MiCA vote could ban exchanges from listing proof of work crypto assets
The wording in the current MiCA report would cause crypto service providers to issue a proof of work ban for 'unsustainable' crypto assets.
What is Proof of Work?
If you solved a really complicated math problem all by yourself, you’d obviously want credit for it.
Is Delayed Proof of Work the Answer to 51% Attacks? [INTERVIEW]
Earlier in October, an ethical hacker who goes by the handle GeoCold on Twitter announced the live-streaming of a 51% attack on the alt coin Einsteinium.
Green Mining Can Bring a Case Back for Energy-Intense Proof of Work Mining
Bitcoin has received a lot of backlash over the past year for how much energy it requires to secure the network – its proof of work algorithm requires a lot of processing power to complete the complicated math equations required for mining.
Ethereum Proof-of-Work fork set to launch 24 hours post-Merge
The ETHW team announced the PoW mainnet will start at the block height of the Merge "plus 2048 blocks" to ensure the chainID switches successfully.
Ethereum Classic falls 13%; Cardano founder recommends Ergo for proof-of-work
Ethereum Classic fell by 13% since Sept. 6, while Cardano founder Charles Hoskinson suggests miners to turn to Ergo. On the other hand, Ethereum founder Vitalik Buterin boosts ETC mining community.
Justin Sun’s Poloniex supports Ethereum proof-of-work hard fork
The crypto community does not think the proof-of-work chain will enjoy wide support from the industry when the merge is completed.