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Tagged as 'Proof of work'
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2 February 2022

The future of the energy-intensive proof-of-work protocol looks dark

While the world is experiencing an energy crisis, the high energy consumption of the current proof-of-work consensus protocol of both Bitcoin and Ethereum should not go unnoticed. Although ethereum departs from the proof [...]
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July 30 2021

Ethereum hard fork - final dethronement of Bitcoin?

The latest update of the Ethereum network code will take place this Wednesday. The biggest change is the introduction of the Proof of Stake protocol instead of Proof of Work, which will increase its efficiency. The hard fork called "London" also has [...]
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22 Września 2020

Burstcoin (BURST) - an energy-saving cryptocurrency

While the vast majority of cryptocurrencies have a problem with energy consumption and network load, Burstcoin does not have to struggle with this problem at all. Thanks to the solutions used here, the amount of energy needed for [...]
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August 26 2020

Proof of Work - what is it and how does it work?

Proof of Work (PoW for short) is the consensus algorithm on which most cryptocurrencies - including Bitcoin - are based. Prevents the same coins from being spent twice, preventing fraud. How does Proof of Work work? [...]
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