How does the Proof of Work (PoW) model benefit Ethereum Classic (ETC)?

How does the Proof of Work (PoW) model benefit Ethereum Classic (ETC)?

Blog Article

The Proof of Work consensus model enables Ethereum Classic to maintain a high level of network security and decentralization. In PoW, miners solve complex mathematical puzzles to validate transactions, ensuring data integrity and security against attacks. Although energy-intensive, this model reinforces ETC’s resilience and appeal to investors favoring traditional, immutable blockchains. PoW also supports ETC's ethos of decentralization, providing a trustless system where governance is based on consensus among miners. For users interested in PoW blockchains, monitoring the ETC price offers insights into the network’s valuation and community engagement levels.