3 ms·
PoW doesn't make transactions. The purpose is to secure the network. It's useful to compare this to the cost of attack: https://www.crypto51.app https://www.cry
by Geee 5y ago
PoW doesn't make transactions. The purpose is to secure the network. It's useful to compare this to the cost of attack: https://www.crypto51.app https://www.crypto51.app (this data is somewhat outdated)
Also, this doesn't take off-chain transactions into account. There's way more actual financial transactions on Bitcoin when every L2 transaction is counted. Lightning network scales to billions of transactions per second, without adding PoW energy consumption.