Bitcoin Mining’s Future: From Proof of Work to Proof of Value for Commerce
Proof of Work or Proof of Value: Why Bitcoin Mining Must Evolve to Serve Commerce Bitcoin mining, traditionally reliant on proof-of-work (PoW), faces sustainability challenges as block rewards decrease. To remain viable, mining must evolve to facilitate real-world economic activity, potentially through a “proof of value” model. PoW ensures blockchain security but consumes significant energy. […]
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