Clear DefinitionsPoC
Pronunciation
[pee-oh-see or pok]
Definition
Abbreviation for Proof-of-Capacity (also known as Proof-of-Space). A consensus mechanism that uses hard drive storage space as the mining resource.
Key Points
Miners store large datasets ('plots').
More energy-efficient than PoW.
See 'Proof-of-Capacity' for full details.
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