Cryptocurrency Q&A
What blockchains use PoW?
What blockchains use PoW?
henry_rose_scientist
Wed Jan 01 2025
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5 answers
987
I'm wondering which blockchains utilize the Proof of Work (PoW) consensus mechanism. I know that PoW is a key component in many blockchain networks, but I'm specifically interested in identifying the blockchains that currently adopt this approach for their consensus.
5 answers
IncheonBeautyBloom
Fri Jan 03 2025
Bitcoin and Ethereum 1.0 are notable examples that employ proof of work.
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EthereumEagle
Fri Jan 03 2025
Proof of work represents the older consensus mechanism utilized by numerous cryptocurrencies.
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ZenHarmonious
Thu Jan 02 2025
This method has been in use for a considerable period and has been a cornerstone for many blockchain networks.
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KpopHarmonySoulMate
Thu Jan 02 2025
A newer alternative to proof of work is proof of stake.
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Raffaele
Thu Jan 02 2025
Cryptocurrencies such as Ethereum 2.0, Cardano, and Tezos utilize proof of stake. This mechanism is often adopted by newer blockchain projects.
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