Proof of work definition

Proof of work as used in this Agreement refers to original and authentic documentation of a single individual or group of individuals’ emergency response activity at a tactical level.

Proof of work means a consensus mechanism that requires all miners that are participants to the DLT to solve complex mathematical puzzles to validate a new transaction, adding a block to the chain and permanently and irreversibly recording a new transaction;

Proof of work means the consensus mechanism that allows the Ethereum network to come to consensus, or agree on things like account balances and the order of transactions;

Examples of Proof of work in a sentence

• Proof of work will be required when we award priority, and again at the point at which you are offered a tenancy.

• Proof of workThe first blockchain, Bitcoin, utilised a consensus known as Proof of work PoW .

• Proof of work makes use of Merkle Trees, which store the hash of each data block.

• Proof of work makes use of hash functions, mathematical computations and solving a puzzle in order to ensure the legitimacy of bitcoin transactions.

• Proof of work completed must be submitted along with the invoice.

• Proof of work including time sheets will be required as part of financial reporting documentation.

• Proof of work accomplished may be presented to administration if requested.

• Proof of work was later popularized by Bitcoin as a foundation for consensus in permissionless blockchains and cryptocurrencies, in which miners compete to append blocks and mint new currency, each miner experiencing a success probability proportional to their computational effort expended.

• Two ways to achieve consensus when validating a new transaction are:o Proof of work.

• Proof of work consensus algorithm used to implement this block chain solution can be further improved or switch to new algorithms for secure and optimal performance.

More Definitions of Proof of work

Proof of work means document(s) that a Class Member may submit to the

Proof of work means document(s) that a Class Member and/or PAGA Employee

Proof of work or “PoW” means the system used by the Bitcoin protocol to ensure that Miners are working for the good of the network, through the mathematical proof that a Miner expended a computational effort to secure the Blockchain, which proof is easily verifiable by the other participants in the Bitcoin Network with minimal computing effort;

Proof of work consensus mechanism means a consensus mechanism which requires all miners (participants to the DLT) to solve complex mathematical puzzles to validate a new transaction, adding a block to the chain and permanently and irreversibly recording a new transaction;