#TradingMistakes101 What is Proof of Work (PoW)?

Proof of Work is the system that maintains the security of many blockchains, such as Bitcoin's. Miners use computational power to solve complex mathematical challenges and prove that they have done the necessary "work" to validate transactions.

This prevents fraud and ensures that the network is reliable and resistant to attacks.

PoW is energy and effort to maintain decentralization and trust in the crypto world.