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Another issue is that proof-of-work may simply be inferior to other consensus mechanisms because of hardware centralization. I think the cryptocurrency world ne
by rmtech 6y ago
Another issue is that proof-of-work may simply be inferior to other consensus mechanisms because of hardware centralization. I think the cryptocurrency world needs to solve this problem at its own pace though. Ethereum is already rapidly heading to proof-of-stake, precisely because it's seen as better on its own merits without considering energy costs.