Proof Of Useful Work, or PoUW, is a consensus mechanism that was developed to improve the efficiency of Blockchain technology by redirecting resources that might otherwise have been wasted towards real-world problems.
Proof-of-Work (POW), is the most popular consensus in blockchain due to its security and verification framework. It wastes materials by its nature.
The world's miners use a large amount of electricity every year. This raises questions about the environment as well as finances.
Flux's method of proving useful work addresses this limitation. It also uses hardware infrastructure to create a peer-to-peer decentralized network that can address the AI industry's current problems.
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