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#052 | Crypto Shorts | Proof-of-Work vs. Proof-of-Stake
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When it comes to cryptocurrencies, one of the main counter-arguments if that of environmental pollution. The “older” cryptocurrencies, in particular, are associated with high energy consumption, which has led to blockchain having a rather bad reputation. Elrond shows that blockchain technology does not necessarily have to be harmful to the environment. The carbon-negative blockchain is based on the proof-of-stake mechanism and is therefore faster, more efficient and more environmentally friendly than blockchains based on the proof-of-work concept. More in today's episode!
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Idena Blockchain: https://www.idena.io/de Binance Smart Chain: https://www.bscscan.com/error.html?500 Elrond Blockchain: https://elrond.com/
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The content discussed in this episode is for general information purposes only. This is not financial advice. You decide for yourself what to do with your money.
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