Without proof of work, there’s no guarantee that your transaction on the blockchain won’t be rolled back by its rulers. POW allows for a truly trustless system and that is the innovation.
Without proof of work, there’s no guarantee that your transaction on the blockchain won’t be rolled back by its rulers. POW allows for a truly trustless system and that is the innovation.
It is only trust-minimized - you still trust all machines to verify 0101001 as the same number. the oath of the machines
