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Proposal Limiting Proof-of-Work Is Rejected in EU Parliament Committee VoteJUST IN: EU parliamentarians rejected a measure that could have forced proof-of-work cryptocurrencies like bitcoin to shift to more environmentally friendly consensus mechanisms. By iamsandali. iamsandali Why nobody buys DBX? +50% for today iamsandali The $^&? PoS is provably less secure than PoW in current iterations. It would also be more 'environmentally friendly' to move Bitcoin consensus to AWS, that doesn't mean it's wise to do. iamsandali Great news.
Source: CoinDesk - 🏆 291. / 63 Read more »
Bitcoin Ban Makes Its Way Back Into EU Crypto BillThe EU has moved forward with the plan to limit the use of proof-of-work cryptocurrencies after scrapping the initial anti-Bitcoin provision
Source: Utoday_en - 🏆 295. / 63 Read more »
Limiting Proof-of-Work Crypto Back on the Table as EU Parliament Prepares Virtual Currencies VoteA provision that could force proof-of-work crypto like bitcoin to switch to more environmentally sustainable consensus mechanisms has made it into a draft of the EU’s proposed crypto legislation ahead of a parliamentary vote on Monday. iamsandali iamsandali EU bureaucrats 'force' EU into reduced prosperity - as always. iamsandali People seem to have forgotten that Bitcoin hit $65k in mid 2021 and went all the way back down to $28k in the summer before coming back above $65k again Y’all follow rawkz_t She’s a super underrated Bitcoiner who have been following her tweets and tip closely Follow her!! iamsandali Thank you for giving this the very much needed attention. I also just posted about this on LinkedIn I personally do not think this is getting the right traction.
Source: CoinDesk - 🏆 291. / 63 Read more »