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What (who) is Proof of work - definition
Proof of work
A SYSTEM THAT REGULATES THE FORMATION OF BLOCKS ON A BLOCKCHAIN
Proof of work system; Proof-of-work; Proof-of work; Proof of-work; Proof of-work system; Proof-of work system; Proof-of-Work; Nakamoto consensus; Proof-of-work system; Reusable proof-of-work; List of proof-of-work functions
Proof of work (PoW) is a form of cryptographic proof in which one party (the prover) proves to others (the verifiers) that a certain amount of a specific computational effort has been expended. Verifiers can subsequently confirm this expenditure with minimal effort on their part.
Proof of space
MEANS OF SHOWING LEGITIMATE INTEREST IN A SERVICE BY ALLOCATING A MEMORY
Proof of Space; Draft:Proof of Space; Proof-of-capacity; Proof-of-Space; Proof-of-space; Proof of storage; Burstcoin; Proof of space-time; Proof of Space and Time
Proof of space (PoS) is a type of consensus algorithm achieved by demonstrating one's legitimate interest in a service (such as sending an email) by allocating a non-trivial amount of memory or disk space to solve a challenge presented by the service provider. The concept was formulated in 2013 by Dziembowski et al.
Proof of concept
REALIZATION OF A CERTAIN METHOD OR IDEA IN ORDER TO DEMONSTRATE ITS FEASIBILITY
Proof-of-concept; Proof of Concept; Proofs of concept; Proof of Principle; Proof of principle
Proof of concept (POC or PoC), also known as proof of principle, is a realization of a certain method or idea in order to demonstrate its feasibility, or a demonstration in principle with the aim of verifying that some concept or theory has practical potential. A proof of concept is usually small and may or may not be complete.
