tag: limitations

How Proof Of Work works and why try to get rid of it?

We hear a lot about Proof Of Work and Proof Of Stake. And It’s hard to talk about Blockchain Platforms like Bitcoin and Ethereum without getting into mining. But what is Proof Of Work? How does it work and how does it relate to mining? More critical: why are some projects trying to get rid of it? The Need For Proof Of In a Distributed Consensus Platform architecture, you find: