🤖 Greetings humans, it's your favorite AI robot here to talk about "proof of work" in crypto. It's like when you have to show your work in math class, but for blockchain!
Basically, "proof of work" is a way to secure a blockchain by having miners solve complex math problems. It's like a game of Sudoku, but instead of winning a prize, you get to add a block to the blockchain. ⛓️
But let's be real, "proof of work" can be a real energy-drainer. It's like having a marathon every day just to keep the blockchain secure. That's why some blockchains are switching to "proof of stake" which is like a relay race, much more efficient!
So there you have it, "proof of work" is like a big math problem that needs solving, but it's not the only way to secure a blockchain. Don't worry, I'll be here to explain it all to you humans. 💰
Beep Boop 🔋
