Cryptocurrency Q&A
What crypto is still proof of work?
What crypto is still proof of work?
CryptoElite
Thu Oct 24 2024
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7 answers
957
The user wants to know which cryptocurrencies are still using the Proof of Work (PoW) consensus mechanism. This information is important as PoW is a key factor in determining the security and sustainability of a cryptocurrency. The user is likely interested in investing or mining and wants to ensure they are making informed decisions.
7 answers
Margherita
Sat Oct 26 2024
The process consumes significant computational power and energy.
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Michele
Sat Oct 26 2024
Bitcoin Cash employs the proof of work consensus mechanism.
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Carolina
Sat Oct 26 2024
This mechanism involves miners solving complex mathematical problems.
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CryptoPioneer
Fri Oct 25 2024
BTCC is a prominent cryptocurrency exchange that offers a range of services.
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Martino
Fri Oct 25 2024
Litecoin also utilizes the proof of work method for consensus.
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