Proof-of-Work (PoW)
Definition of what Proof-of-Work (PoW) stands for (in finance):
A blockchain security mechanism where miners solve cryptographic puzzles to validate transactions and secure the network.
More Term Definitions
- Electronic Market (e-Market) Definition
- Decentralized Finance (DeFi) Definition
- GAFA Definition
- Follower Definition
- Ledger Definition
