Tag: Proof of Work

Vitalik Buterin Says People Difficulties Not Technical Difficulties Slowed The Ethereum 2.0 Rollout

The cofounder of Ethereum, Vitalik Buterin, recently discussed the highly anticipated full transition from a proof-of-work (PoW) consensus model to proof-of-stake (PoS) as its replacement. Buterin admitted at Hong Kong’s…

Low Energy Proof-Of-Work: Bitcoin Improvement Proposal Wants To Change Network’s Algorithm

The most topical conversation in the world of cryptocurrencies right now is the effects of bitcoin mining on the global environment after Elon Musk heated up the conversation. Following the…

Ripple’s Chris Larsen Believes Bitcoin Dominance Could Fall Over Proof-Of-Work’s Energy Consumption

Ripple Labs cofounder Chris Larsen has a bone to pick with bitcoin and crypto networks that leverage proof-of-work (PoW). Larsen’s latest write-up explains that the crypto industry needs to reconsider…

Bittorrent Creator Bram Cohen’s Crypto Project Chia Sparks Hard Drive And SSD Shortages

On May 3, tokens stemming from the Chia network, a smart transaction blockchain created by the Bittorrent creator Bram Cohen, will start trading and transactions will be fully enabled. Rather…