Proof of work definition

Proof of work as used in this Agreement refers to original and authentic documentation of a single individual or group of individuals’ emergency response activity at a tactical level.
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Proof of work means a consensus mechanism that requires all miners that are participants to the DLT to solve complex mathematical puzzles to validate a new transaction, adding a block to the chain and permanently and irreversibly recording a new transaction;
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Proof of work means the consensus mechanism that allows the Ethereum network to come to consensus, or agree on things like account balances and the order of transactions;
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Examples of Proof of work in a sentence

  • We may charge you a File Uplift Fee of $40 if you request that we uplift our file from our storage facility.

  • Proof of work makes use of hash functions, mathematical computations and solving a puzzle in order to ensure the legitimacy of bitcoin transactions.

  • In the event of a disagreement regarding the number of words, the Identified User will do a recount in order to determine the exact number of words.

  • Proof of workThe first blockchain, Bitcoin, utilised a consensus known as Proof of work PoW .

  • Proof of work completed must be submitted along with the invoice.

  • Proof of work was later popularized by Bitcoin as a foundation for consensus in permissionless blockchains and cryptocurrencies, in which miners compete to append blocks and mint new currency, each miner experiencing a success probability proportional to their computational effort expended.

  • Proof of work including time sheets will be required as part of financial reporting documentation.

  • Proof of work accomplished may be presented to administration if requested.

  • Proof of work consensus algorithm used to implement this block chain solution can be further improved or switch to new algorithms for secure and optimal performance.

  • Proof of work has proved to be an effective approach for cryptocurrencies over years.


More Definitions of Proof of work

Proof of work consensus mechanism means a consensus mechanism which requires all miners (participants to the DLT) to solve complex mathematical puzzles to validate a new transaction, adding a block to the chain and permanently and irreversibly recording a new transaction;
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Proof of work or “PoW” means the system used by the Bitcoin protocol to ensure that Miners are working for the good of the network, through the mathematical proof that a Miner expended a computational effort to secure the Blockchain, which proof is easily verifiable by the other participants in the Bitcoin Network with minimal computing effort;
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Proof of work means document(s) that a Class Member and/or PAGA Employee
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Proof of work means document(s) that a Class Member may submit to the
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Related to Proof of work

  • Statement of Work means the description of activities performed in completing the Project, as specified in the Contract and as may be amended.

  • Work Order means an individually negotiated document that is executed by both Parties and which authorizes a Project, if any, in an indefinite quantity Contract.

  • SOW means the document specifying, without limitation, the scope, objective, and time frame of the Work that Supplier will perform for Cisco.

  • Programme of work means the Programme of work submitted by the contractor and approved by the Engineer-in-charge and includes an amendment thereto made from time to time and approved by the Engineer-in-charge;

  • Scope of Work means the description of Services and Deliverables specified in the Contract and as may be amended.

  • Task Order means a separate order issued under this Contract.

  • Completion of work means completion of the entire contracted work. Exhaustion of quantity of any particular item mentioned in the bid document shall not imply completion of work or any component thereof.

  • The Work Order means the order placed by the Purchaser on the Supplier signed by the Purchaser including all attachments and appendices thereto and all documents incorporated by reference therein. The Work order shall be deemed as "Contract" appearing in the document.

  • Type of Work means (insert the type of work you expect to supply the Agency Worker into);

  • Cost of work , in table above, shall mean the agreement amount of the work.

  • Period of Work means the time during which an employee is at the disposal of the employer;

  • Stop Work Order means the written Notice, delivered in accordance with this Agreement, by which the State may require the Contractor to stop all, or any part, of the Work of this Agreement, for the period set forth in the Stop Work Order. The Stop Work Order shall be specifically identified as such and shall indicate that it is issued pursuant to the Stop Work provision in this Exhibit B.

  • Research Plan shall have the meaning set forth in Section 2.1.

  • Work Plan means a plan that describes each individual activity to be conducted to complete eligible activities and the associated costs of each individual activity.

  • Scope of Works means the sections of the RFQ detailing the technical requirements of the work to be carried out as existing at the Date of Acceptance of the Quotation and any modification of such Works thereafter directed or the use of which has been permitted by the Superintendent for the purposes of the Contract.

  • Project Plan means the document to be developed by the Contractor and approved by WTL, based on the requirements of the Contract and the Preliminary Project Plan included in the Contractor’s bid. For the sake of clarity, the Agreed and Finalised Project Plan” refers to the version of the Project Plan submitted by the contractor after receiving the letter of Award and the same approved by WTL. The project plan may be changed/ modified during the course of the project. Should the Project Plan conflict with the provisions of the Contract in any way, the relevant provisions of the Contract, including any amendments, shall prevail.

  • DESCRIPTION OF WORK [INSERT] SUBMISSION DEADLINE: [INSERT] APPROXIMATE SPECIFICATIONS: [ ] words; [ ] pages; [ ] images/drawings/figures

  • The Work means the work or works to be executed or done under this contract.

  • Service Order Form means our standard Service Order Form for Services, or any other order form that we agree with you in writing that incorporates the provisions of this DPA;

  • Service Order or “Contract” or “Agreement” shall mean the Service Order / Agreement and all attached exhibits and documents referred to therein and all terms and conditions thereof together with any subsequent modifications thereto;

  • Development Work means any work carried out in relation to the physical construction of a mine;

  • Development Plan has the meaning set forth in Section 3.2.

  • hours of work means time during which seafarers are required to do work on account of the ship;

  • TITLE OF WORK [INSERT] I am the Principal / Corresponding Author of the Work, and my contact details are found in the signature block below. In order to submit the Work for publication on an open access basis via Xxxxxxx Open, I understand that:  it is necessary to complete and submit this Copyright Letter, along with the Open Access Publication Terms & Conditions and the attached Schedules;  the Copyright Letter, along with the Open Access Publication Terms & Conditions and the attached Schedules, together comprise the agreement between myself and Xxxxxxx Open relating to the publication of the Work; and  the terms of the Creative Commons Attribution 4.0 International Public License (CC-BY 4.0), along with the other terms and conditions found in the Copyright Letter, the Open Access Publication Terms & Conditions and Schedules, apply to the publication of the Work via Xxxxxxx Open. I have signed and dated this Copyright Letter, the Open Access Publication Terms & Conditions, and the Schedules. Please have these documents countersigned on behalf of Xxxxxxx Open, and return a copy to me by email at your nearest opportunity. Yours faithfully Name: Affiliation: Address: Fax: Email 1: Telephone: Email 2: [v.122016]

  • Development Schedule shall have the meaning set forth in Section 1.1.

  • Out-of-service order means a temporary prohibition against driving a commercial motor vehicle.