Bitcoin Proof of Stake: BitcoinPoS – BPS
July 30, 2020 at 12:36 PM EDT
Riga City, Latvia -- (SBWIRE) -- 07/30/2020 -- The Bitcoin core network today runs on the proof of work algorithm. It leaves the network open to the 51% attack, also it is costly to mine and harmful for the environment. The PoW mechanism has also been a hindrance to scalability.
