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ECB report likens PoW to fossil fuel cars, PoS to electric vehicles

ECB published the report titled “Mining the environment — is climate risk priced into crypto-assets?” on July 12. In the report, the ECB research group reinforces the environmental narrative about the battle of protocols, where the proof-of-work (PoW) concept represents a threat to the planet. In contrast, the proof-of-stake (PoS) is the only sustainable crypto option, experts argue.

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Source: Cryptocurrency - investing.com

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