Proof of work - KaveriBridge/crypto GitHub Wiki

About

  • Proof of work (PoW)

Mechanism

  • Provers => Perform computation and provide proof
  • Verifiers => Easily confirm that prover has done the work

Usage by Bitcoin

  • Mined using the Hashcash proof-of-work function by individual miners
  • Verified by the decentralized nodes in the P2P network.

See also