Bitcoin will never hit $69,000 again — and the world's biggest cryptocurrency could end up being "regulated away," a researcher has warned.
Estimates from the Ethereum Foundation have previously suggested that PoS will use 99.95% less energy — and if this technology works as well as promised, McDonald thinks investors and regulators will realize PoW was never necessary. "When you're moving from a system that is about generating as many random numbers as fast as possible with 10 million [graphic processing units] across the world, to a system that's running on a few thousand computers that are pretty low energy, it's going to make a huge difference."
This could result in the creation of duplicate NFTs — meaning that, for example, a Bored Ape could exist across two blockchains. In such a scenario, McDonald warned that the value of blue-chip collectibles could end up being diluted.
Crypto Will expolde after regulation
First we need to see how the merge will affect ETH lol
A type I civilization is able to access all the energy available on its planet and store it for consumption. A type II civilization can directly consume the energy of a star. Finally, a type III civilization is able to capture all the energy emitted by its galaxy. Eth is type 0.
What's your thought? How high do you think Bitcoin will reach after the Merge? 👀
Plz fix the saitama ranking 🥹🥹
prepare for it:
🤐
' Proof-of-Work was never necessary'
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BTC is only 21million. This guy is mathematical wrong
Lol! Indeed. What buffoonery.
Sounds good. But everything sounded good once.
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