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May 6, 2019May 6, 2019 BlockGlossaryBlockGlossary 0 Comments

Proof of Weak Hands

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Meaning of Proof of Weak Hands

PoWH unlike PoW, PoS, PoB etc., it is setup to distribute money from new token purchases to existing investors. It is has not yet been proven to be a sustainable consensor mechanism in Blockchain and categorized as Ponzi scheme focused.

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