eCash for Beginners 9: Proof of Work + Proof of Stake together at last

読了時間: 3 One of the biggest criticisms of Bitcoin (and other cryptocurrencies that rely on proof of work) is that it’s bad for the environment. You always hear how Bitcoin mining consumes as much electricity as this or that country, and the bigger Bitcoin becomes, the more electricity it will consume. Another criticism is the fact that in order to mine Bitcoin you need expensive hardware known as ASICs that can cost ten-thousand dollars a rig or more. Such a high barrier to entry limits the number of people who can participate, which can lead to the network becoming more and more centralized. Proof of work is also difficult to scale, can […]