Ethereum Classic (ETC) fell by 13.33% since Sept. 6 after Cardano‘s (ADA) founder Charles Hoskinson suggested Ethereum miners shift to Ergo while Ethereum’s founder Vitalik Buterin said that ETC’s welcoming community made it a good coin to mine.ETC...
Tomiwabold Olajide
Proof of useful work as proposed by IOG addresses problem of energy efficiency
Cardano's IOG has unveiled Ofelimos, a new PoUW-based blockchain protocol whose consensus mechanism simultaneously realizes a decentralized optimization-problem solver. Presently, there are two well-known consensus...
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The IOG has introduced a new protocol to reduce PoW’s energy waste.
Cardano’s research and development company, Input Output Global (IOG), has introduced a new consensus protocol to reduce the energy waste of Proof-of-Work (PoW) blockchains.
The protocol, dubbed Ofelimos,...
Ethereum Classic (ETC) has been one of the main crypto performers of the last 7 days. Experts argue that much of this surge has been triggered by a hefty migration of Ethereum Proof of Work miners into...
The European Union’s Economic Committee on Monday voted against closely-watched legislation that sought to ban proof-of-work (PoW) tokens in a proposed bill on crypto regulation in the bloc.
Citing sources in the Economic Committee (ECON), Patrick Hansen of Unstoppable...
The crypto market has come under pressure once again ahead of the European Union reportedly working to pass a bill banning all Proof-of-Work (PoW) cryptocurrencies citing environmental concerns. This means that the EU could potentially ban Bitcoin as...
Will the ESG FUD ever stop? As a Congressional subcommittee prepares to take a good look at Proof-Of-Work mining, “more than 70” national, international, state and local organizations wrote a letter to the “Congressional leadership.” In it, they...
The White House is reportedly in favour of exemptions to miners only, a move likely to hurt Proof of Stake
US president Joe Biden’s administration supports an amendment to the US Senate Infrastructure Bill that would effectively hurt...
