This week I nominate @apolonil because ...
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Alternative consensus mechanisms such as #ProofOfStake offer solutions to reduce energy consumption compared to #ProofOfWork. However, PoW still remains the benchmark of security and decentralization that made bitcoin the first and most famous cryptocurrency. π₯π
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Despite its reliability, #ProofOfWork has been criticized for its high power consumption. Modern mining farms use huge amounts of electricity for tasks, causing environmental problems and increasing the cost of mining. π±β‘οΈ
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