Two Prime Blog

Truth: Video #10 — PoW, PoS, and the desperate need for new protocols

Crypto has come a long way since the creation of the first digital asset back in 2008. Yet, the approaches to which they are being mined remain largely unchanged. Proof of Work (PoW) and Proof of Stake (PoS) continue to be the two major methods used to mine crypto at the expense of environmental sustainability and an increasing gap in income inequality. There simply needs to be a better approach towards mining crypto.

This brings us to Truth #10: On Proof of Work, Proof of Stake, Etc.

In today’s video, Two Prime CEO Dr. Marc Fleury discusses the issues associated with crypto mining, and why there needs to be other protocols that aren’t just derivatives of PoW and PoS.

Hard Truths of Crypto
Made on