Vitalik argues that proof-of-stake is a 'solution' to Ethereum’s environmental woes

by Aurelia Butler 28 May 2021, 22:20 179 Views

In an interview at the StartmeupHK virtual conference hosted from Hong Kong, Buterin said that while proof of stake is “still in its infancy and less battle-tested” than Ethereum’s current proof-of-work model, it can ultimately reduce the chain’s energy consumption by upwards of 10,000x.

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Source: Cryptocurrency - investing.com

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Vitalik argues that proof-of-stake is a 'solution' to Ethereum’s environmental woes

Biden budget reiterates 43.4% top capital gains tax rate for millionaires

Stablecoin company earns record-level investment sum for a crypto outfit

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