Ethereum’s ProgPoW Debate Is About Much More Than Mining
The debate over ProgPoW has become a flashpoint for how Ethereum makes big decisions.
An accessible, in-depth look at what's really at risk when Proof-of-Work or Proof-of-Stake blockchains suffer the dreaded 51% attack.
Ethereum Classic suffered two 51% attacks in the same week. One week later, exchanges, investors and developers are split on the implications.
Proof-of-work is the blockchain-based algorithm that secures many cryptocurrencies, including Bitcoin and Ethereum.
Ethereum Classic has largely followed Ethereum in lockstep. But as the larger chain goes toward Proof-of-Stake, ETC is sticking with Proof-of-Work.
If ESG is becoming the new buzzword among impact-minded financial institutions, where does energy-intensive bitcoin fit in?