The proof-of-work blockchain consensus mechanism has gained much traction owing to its importance in the running of Bitcoin. Today, Jenn covers what is unique about the proof-of-work blockchain consensus mechanism, how PoW works, and why Bitcoin chose it.

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What is Proof-of-Work? Everything You Need to Know [ Ссылка ]

JUMP TO A SECTION:
00:00 Introduction
00:35 Consensus Mechanism
01:11 Proof-of-Work Mechanism
02:05 The Benefits of Proof-of-Work
03:02 Cryptocurrency and Energy Consumption
03:25 Conclusion

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