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
- Decentralized Exchange (DEX) Definition
- Gesture Control Definition
- Venture Capitalist Definition
- Quick Response Code (QR Code) Definition
- Initial Exchange Offering (IEO) Definition
