Bitcoin Efficient: Introduction to the Concept

Written by TheLoneroFoundation | Published 2021/11/14
Tech Story Tags: cryptocurrency | crypto | mining | cryptocurrency-mining | bitcoin-energy-consumption | bitcoin-mining | open-source | bitcoin

TLDRBitcoin Efficient aims to be much more energy efficient, decentralized, and take adaptability to a whole new level. It will be based off of "Proof of Computation" over just Hashcash. The project aims to allow everybody on board without disenfranchising ASIC miners. It is just a concept, but perhaps can lead to a community-driven and open source project that tackles Bitcoin's Energy Efficiency problem. The more players and competitiveness, the more open solutions that are out there, I am working on some similar things.via the TL;DR App

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Written by TheLoneroFoundation | Big fan of decentralized software and the pursuit of scientific research.
Published by HackerNoon on 2021/11/14