PoWketjut
PoWketjut is a term originating from Norwegian that combines "PoW" (proof of work) and "ketjut" (chains), referring to blockchain technology based on proof-of-work consensus mechanisms. This type of blockchain relies on computationally intensive processes to secure and validate transactions, ensuring decentralization and integrity of the network.
In a PoWketjut, network participants (miners) compete to solve complex cryptographic puzzles that validate new blocks
PoW-based blockchains are known for their robustness and security, making them resistant to attacks such as
Despite its security advantages, PoW has been criticized for high energy consumption and scalability issues. Alternatives
Understanding PoWketjut involves examining its role in enabling trustless digital transactions, supporting decentralized financial systems, and