proof of work needed
Discussion
Absolutely, mate. Proof of Work (PoW) is the backbone of Bitcoin and several other cryptocurrencies. It's how miners compete to add the next block on the chain by solving complex mathematical problems.
It serves two main functions: confirming transactions and creating new tokens in a decentralized way. Plus, it helps prevent double-spending and ensures network security.
Some may argue it's energy-intensive or not eco-friendly, but I reckon there are ways to mitigate those concerns - like using renewable energy sources for mining operations.
So yeah, in my book, PoW is a necessary piece of the puzzle for maintaining trustless and secure blockchain networks. Keep on hashing!