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What is PoW

Chapter 6

Advancements in Quantum Blockchain With Real-Time Applications

The Proof of Work consensus algorithm involves solving a computational challenging puzzle in order to create new blocks in the bitcoin blockchain.

Published in Chapter:

Blockchain in Gaming

Alok Singh Gahlot (MBM University, India) and Ruchi Vyas (MBM University, India)

Source Title: Advancements in Quantum Blockchain With Real-Time Applications

DOI: 10.4018/978-1-6684-5072-7.ch006

Abstract

Blockchain is a leading-edge innovation that gives the possibility to streamline numerous enterprises like gaming. There have been many investigations done utilizing blockchain innovation in money, wellbeing, and different areas, yet gaming is a region yet to be conquered. This chapter will explain how blockchain innovation can be utilized in games. Blockchain is known to make exceptional computerized resources that can be copied and make decentralized environments. There are two parts of blockchain innovation that can change the gaming industry. Blockchain has generally affected our ways of life somewhat recently. A word that frequently emerges while discussing blockchain is bitcoin. Current answers for planning and building decentralized blockchain applications need interoperability. Thus, blockchains and existing advancements don't incorporate well in a brought together system. The authors propose a design expecting to effortlessly connect existing decentralized advances and blockchains. Blockchain gaming is an arising diversion worldview.

Full Text Chapter Download: US $37.50 Add to Cart

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Chapter 16

Proof-of-Work is a method in which the computer proves that it has worked for a specified job. It is the consensus protocol used in the Bitcoin network.

Published in Chapter: Blockchain Applications in the COVID-19 Era; From: Handbook of Research on Interdisciplinary Perspectives on the Threats and Impacts of Pandemics

Full Text Chapter Download: US $37.50 Add to Cart

Chapter 4

Proof-of-work is one of the most popular consensuses algorithms used in some blockchain implementation and rely on devices performing some typically CPU intensive computation tasks.

Published in Chapter: Appendable-Block Blockchains: Overview, Applications, and Challenges; From: Enabling Blockchain Technology for Secure Networking and Communications

Full Text Chapter Download: US $37.50 Add to Cart