Technology

Proof-of-Work Protocols Often Require Higher Levels of Energy Consumption to Keep the ... - Latest Tweet by Binance Coin

The latest Tweet by Binance Coin states, 'Proof-of-Work protocols often require higher levels of energy consumption to keep the system safe and running. By switching to a Proof-of-Stake consensus layer, the #Ethereum Network aims to reduce the blockchain’s energy consumption by 99.95%.'

Proof-of-Work Protocols Often Require Higher Levels of Energy Consumption to Keep the ... - Latest Tweet by Binance Coin

(The above story first appeared on LatestLY on Aug 27, 2022 08:33 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).