Bitcoin Should ‘Depart’ From Proof-of-Work, Says Bank Of International Settlements22.8

Bitcoin figures have dismissed the latest report on cryptocurrencies by the Bank of International Settlements (BIS) after it claimed Bitcoin must stop using its Proof-of-Work algorithm.

The report, ‘Beyond the doomsday economics of “proof-of-work” in cryptocurrencies,’ was released January 21.

Original source
https://bitcoinist.com/bis-bitcoin-depart-proof-of-work/

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