Bitcoin: Greenpeace says a code change could slash cryptocurrency energy use – here’s why it’s not so simple
Proof of Work mining is inherently wasteful, but don’t expect a switch any time soon.
March 31, 2022 • ~8 min
Proof of Work mining is inherently wasteful, but don’t expect a switch any time soon.
Proof of Work mining is inherently wasteful, but don’t expect a switch any time soon.
Many people promoting cryptocurrencies are looking for something bigger than the future of financial transactions. They’re aiming to break free of governments and corporations.
Whether the cryptocurrency hype makes you crypto curious or crypto skeptical, there are many ways your life could be affected by crypto’s underlying technology, blockchain.
The premise of ‘eco-friendly’ non-fungible tokens is shaky at best.
Blockchain technology can be made greener if we change the way transactions happen.
For the metaverse to work, people need to own their virtual bodies and possessions and be able to spend money. The same cryptographic technology behind bitcoin will make that possible.
Decentralized finance makes it easier for virtually anyone to take advantage of financial markets without the need for a bank, but there are new risks as well.
Videos taken by ordinary people can help prosecute those who commit atrocities – but this evidence must be stored reliably.
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