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Press Releases from Bitcoin Proof of Stake (1 total)

Bitcoin Proof of Stake - BitcoinPoS - BPS

Bitcoin Proof of Stake - BitcoinPoS - BPS The Bitcoin core network today runs on the proof of work algorithm. It leaves the network open to the 51% attack, also it is costly to mine and harmful for the environment. The PoW mechanism has also been a hindrance to scalability. However, numerous innovations are trying to deal with the issues, facing the Bitcoin network while preserving certain unique aspects of the original

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