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2025-05-19 02:50:12Proof of Work was call Bread Pudding in 1999 by Markus Jakobsson and Ari Juels. The term “proof of work” is introduced and a notation is created. Their goal was to characterize the notation of a proof of work (POW), a protocol in which a prover demonstrates to a verifier that he has expended a certain level of computational effort in a specific time interval.