Overview
Last updated
Last updated
The introduction of PoW ensures the security of the Orange Chain, as the entire chain is supported by continuously accumulating computational power. Additionally, it enables fair distribution of governance tokens based on the computational power provided by miners, enhancing the decentralization of governance.
The success of PoW has been well demonstrated in the Bitcoin network, and thus, we designed a PoW mechanism tailored to the characteristics of the Orange Chain, which contains three key features: Orange Puzzle, Puzzle Verifier, and Puzzle Miner.
Orange PoW mechanism is illustrated as below.