![](https://educat.cash/wp-content/uploads/2017/11/mining_2048-1-730x350.jpg)
Proof of ‘stupid’ work
Mining of cryptocurrencies, such as Bitcoin, is based on wasting of a huge amount of computing power and electricity, which deteriorate the environment. They call it ‘Proof-of-Work’. We can call it ‘proof-of-stupid-work’.
Yet, mining is necessary for the existence of cryptocurrencies. Other variants:
- Proof-of-Stake
- Proof-of-Importance
- Proof-of-Space or Proof-of-Capacity
- Proof-of-Authority
- Proof-of-Burn
Now eDucat Team are working on a Proof-of-Learning Protocol.