Uphold Academy: Proof-of-Work Consensus Mechanism Explained

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Proof of Work (PoW) is a common consensus mechanism used in blockchain networks, and determines which participants, called miners, have the authority to validate new data. In instances where the miners are authorized to validate new data, they are rewarded with cryptocurrency for doing so accurately and without cheating the system.

The PoW consensus mechanism allows pseudonymous entities in decentralized networks to trust one another.

Learn more: uphold.com/en-us/learn/intermediate/what-is-proof-…

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RYD date created : 2025-09-05T17:27:36.498157Z
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