Coinmonks
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Coinmonks

Proof-of-Stake: Will Cardano and Eth 2.0 Be the GREEN-Revolution?

When Bitcoin (BTC) was launched in 2009, a community quickly emerged with the idea of a decentralized cryptocurrency. An important key element of the BTC concept was (and still is) that all transactions in the blockchain undergo an automated verification process before they are written irreversibly. BTC relies on the proof of work principle, which, in simplified terms, means that checksums are hidden in cryptographic puzzles in the network. The puzzles must be solved before a transfer can be authorized. However, Proof Of Work turned out to be a…

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Maximilian Perkmann

Maximilian Perkmann

Blogger, Product Manager, tech and financial enthusiast. Minimalist and climber 🚀