By Roman Kondratiev Tl;dr Summary Proof of work (PoW) currently empowers over 58% of all cryptocurrencies, making it the most popular and reliable consensus mechanism in the blockchain world. By validating on-chain transactions, miners ensure the blockchain’s security (preventing malicious activity), decentralization (not a single entity controls the verification process), and transparency (everyone has access …
Communication services and strategies to demystify Web3