Re:Sendgrid under siege from hacked accounts
by _heimdall on Sunday August 30, 2020 @03:36AM
(#24321962)
This was the inspirstion for nano's use of proof of work too. They don't use PoW for the chain itself but do require every transaction to include a small proof of work to avoid spamming the network, almost identical to hashcash.
https://en.wikipedia.org/wiki/Hashcash