Steemit Crypto Academy Contest / S1W3 – Blockchain through the concepts by @yuvarajuv

in hive-108451 •  3 years ago  (edited)

.........

hive-108451 cryptoacademy-s1w3 club5050 blockchain cryptocurrency
3 years ago by

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      ·  3 years ago (edited)

    Thanks for making an entry in the Academy today. Unfortunately, you are not qualified to take part in the Academy at the moment. Proceed to the newcomers community to get verified and attend some achievement tasks to learn more about Steemit.

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    3 votes
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      ·  3 years ago 

    I will do it. I didn't know about those procedures. Thanks.

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        ·  3 years ago 

      You have presented us with a nice discussion about Proof-of-work. You talked to us about how it works. Proof-of-work I think this is very effective with blockchain.

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        1 vote
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          ·  3 years ago 

        I'm sharing knowledge gained from experience. If it helps people, I am happy to be part of this community. Thanks so much.

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          1 vote
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            ·  3 years ago 

          Your post was upvoted and resteemed on @crypto.defrag

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            2 votes
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              ·  3 years ago 

            To make the Proof of Work more efficient, researchers have proposed several adjustments to the original protocol. As far as technical limitations are concerned, it’s hard to predict when Proof of Work will become obsolete. If the coin is a commodity rather than a currency, some people argue that mining could be more sustainable in the long run. Others speculate that advances in hardware may one day render Proof of Work as we know it obsolete. For now, though, these are questions we won’t have answers to for quite some time.

            That's true we need strategy to made PoW more effective and efficient, thank you for sharing. Best of luck

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              1 vote
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                ·  3 years ago 

              Yeah! PoW needs a lot of improvement to survive. Thanks so much for your wish.

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