Publication Date: November 13, 2024
Zether was built on Proof of Work (PoW) to ensure true decentralization, transparency, and an inclusive ecosystem for the mining community. PoW aligns with Zether’s mission of fairness and accessibility, making it stand out in a landscape where many blockchains have shifted to other consensus mechanisms. Here are the core reasons why Zether is committed to PoW and why it’s the best choice for a truly decentralized blockchain.
PoW is the backbone of security and fairness in Zether. Unlike Proof of Stake (PoS) and other non-PoW mechanisms, PoW doesn’t require users to already own coins to participate. With Zether, anyone with the right hardware can mine and earn rewards, creating an open door for people who want to join without needing a prior stake. This feature makes Zether accessible to everyone, fostering a balanced network that isn’t dominated by a few large stakeholders.
In PoS and other non-PoW models, those with large holdings have a built-in advantage, making it harder for new participants to have a voice in the network. By choosing PoW, Zether avoids this flaw, promoting a network where power isn’t concentrated in the hands of a few.
Zether’s PoW consensus enables genuine decentralization. In Zether, anyone can become a transaction validator by running a node and mining, without needing to preload any coins. This structure ensures that validation power remains with the network rather than with wealthy coin holders. By eliminating barriers to entry, Zether prevents centralization and maintains a system where validators are miners, participating fairly based on their hardware and effort.
Non-PoW systems, especially PoS, can quickly lead to centralization. In PoS, those with the most coins have the most influence, making it difficult for newcomers to enter the network or have a say. Zether’s PoW model breaks away from this by ensuring every miner has a role, no matter how large or small their mining power.
Zether was created with a commitment to the mining community. PoW ensures that anyone can earn Zether by contributing computing power rather than needing to buy or hold coins. This fosters a healthy and sustainable ecosystem around Zether, empowering miners to earn rewards and support the network’s growth. PoW strengthens Zether’s resilience, as a diverse base of miners across the globe contributes to securing the network.
In contrast, PoS models require coin holdings to participate, shutting out potential miners who don’t already hold coins. By choosing PoW, Zether empowers miners to earn coins through their efforts, bringing more inclusivity to the network.
Zether is dedicated to PoW and has no plans to switch to another consensus model. This commitment is rooted in Zether’s core values: decentralization, fairness, and community inclusion. PoW provides the foundation for a network that values all participants equally and avoids the centralizing pressures of non-PoW systems.
For those who want a blockchain that remains true to decentralization and the values of a fair ecosystem, Zether is the answer. By choosing PoW, Zether invites everyone to participate and earn, ensuring the network stays resilient, secure, and genuinely decentralized.