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3 Proof-of-work protocols focused on building Web 3.0 -Breaking



It was the consensus mechanism of proof-of work (PoW), that set off the revolution.BTC() In 2009, it was the preferred model behind many of the most popular projects during the initial years of crypto-ecosystem.

With the rise of other consensus models, such as Proof-of-stake, popularity grew, particularly with the rising cost of operating mining rigs and the need to constantly update equipment. Environmental concerns also led to many people abandoning the PoW model.

Helium network statistics. Source: Helium
HNT/USDT 1-day chart. Source: TradingView
4-hour chart. Source: TradingView
4-hour chart. Source: TradingView