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

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It was the consensus mechanism of proof-of work (PoW), that launched the revolutionary revolution.BTCIt was launched in 2009, and has been the basis for many popular crypto projects since then.

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