Proof of work matters. #Bitcoin
bitcoin

Proof of work matters. #Bitcoin

1 min read

Proof of work matters. #Bitcoin

Carl B Menger

Carl B Menger

Bitcoin Chief Hodler Subscribe: https://carlbmenger.substack.com/
1 min read

Proof of work (PoW) is inherently…

Proof of work (PoW) is inherently distributive. Coin holders don’t receive any coins simply for having coins. You can either earn new coins through exchange or expend energy to mine them. Proof