APoW, or Adjusted Proof of Work, is the consensus mechanism underlying the Polycash protocol. By combining difficulty adjustment, time verification, and the Polycash Incentives System, APoW increases security, decentralization, and power efficiency to the network and blockchain. APoW is composed of three components. The first, difficulty adjustment, is necessary for decreasing the energy consumption of the network and improving its decentralization. Time verification, on the other hand, is designed to improve the network's security and reliability. Finally, the Polycash Incentives System prevents miners from performing Sybil attacks when attempting to maximise profits.