3 proof protocols for Cointelegraph to build Web 3.0

Proof of Work (PoW) is the mechanism that initiated the revolution that launched the consensus model (BTC) Was a model chosen in 2009 and in the early years of the cryptographic ecosystem behind many well-known projects.

Over time, the popularity of other consensus models such as proof-of-stake (PoS) increased, especially the costs of setting up mining platforms, the ongoing need to upgrade equipment, and environmental concerns led to the PoW model not being in favor of many. .