#PoWMiningNotSecurities
Cryptocurrency networks rely on various consensus mechanisms to validate transactions and secure their blockchains. One of the most well-known methods is Proof-of-Work (PoW), originally introduced by Bitcoin. While PoW was initially praised for its decentralized security, it has increasingly shown vulnerabilities that raise concerns about its long-term viability. This essay will explore why PoW mining is not as secure as commonly believed, focusing on 51% attacks, mining centralization, energy vulnerabilities, and susceptibility to quantum computing.
