Definition
Proof of Work is a consensus mechanism where miners compete to solve puzzles to validate transactions and create new blocks.
Why It Matters
Understanding Proof Of Work helps you read crypto market data more accurately and make better-informed decisions when comparing coins, projects, and on-chain activity.
Where You'll See It
Proof Of Work appears throughout cryptocurrency analytics on Crypto Market Watch — including coin profiles, rankings, and other glossary entries. Continue with related glossary terms or read the longer-form learn articles for deeper context.