PoW

See also: pow, pow., pōw, and POW

English

Noun

PoW (plural PoWs)

  1. (cryptography, cryptocurrencies) Initialism of proof of work.
    • 2019, Peng Zhang, Role of Blockchain Technology in IoT Applications, Academic Press (→ISBN), page 187:
      With PoW, as new, unverified transactions become available or broadcast to the entire blockchain network, each node that maintains a copy of the ledger (also known as a “miner”) verifies a set of those transactions to prevent so called “double spending”.
This article is issued from Wiktionary. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.