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Towards a Scalable, Efficient Cryptocurrency: Bitcoin’s New Low-Energy Competitor

12:47 EDT 27 Oct 2019 | Sinngularityhub

The idea behind Bitcoin—creating a decentralized currency that allows for secure peer-to-peer transactions without the use of banks—may well be a good one. But it’s not working out in practice. The cryptocurrency has generated far more hype and wild investment speculation than practical use. The energy consumption required to continue this speculative bubble is tremendous. […]

Original Article: Towards a Scalable, Efficient Cryptocurrency: Bitcoin’s New Low-Energy Competitor

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