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No way. Other cryptocoins (ones that don't rely on PoW) never could have existed without it.



Why not?


Because PoW enabled trustless transactions AND a provably equitable distribution of the coin via distributed minting. "I can prove that this is not a scam to waste your time and money."

Other non-mined coins would never have taken off because they would never have gathered the critical confidence/interest that Bitcoin did. Only after PoW paved the way could others have any faith in DPoS or other coins.




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