WHAT IS PROOF OF WORK?
Proof-of-work. An algorithm implemented in many cryptocurrencies. It helps blockchains fairly choose the next block miner and coordinate mining process.
00:00 - Intro
00:27 - What is Proof-of-Work?
01:01 - How does it work?
01:35 - Application problems
02:48 - Mining pools
03:38 - Summary