💪What is Proof of Work?

An introduction to Proof-of-Work

Proof-of-Work is a guarantee of invested energy - it serves as a foundation for the honest signaling for the relevance of data. Without honest signaling, we are susceptible to misallocating our attention to irrelevant information. Proof-of-Work as a signal guides our energy and attention in the right direction.

Furthermore the energetic cost necessary to perform work prevents automated adversarial users from clogging the system with cheap spam. Bitcoin relies on Proof-of-Work for its security. OP_NS uses the same cryptographic Proof-of-Work principles as Bitcoin.

Data that holds proof of invested work (energy) is more worthy of our attention and should be highlighted. Proof-of-Work allows us to effectively allocate our attention and enables a frictionless creative data economy.