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The Crypto Basic
2022-08-17 06:55:03

Cardano IOG Introduces New Protocol to Reduce Energy Waste of Bitcoin and Other Proof-of-Work (PoW) Networks

Cardano IOG Introduces New Protocol to Reduce Energy Waste of Bitcoin and Other Proof-of-Work (PoW) Networks

  The IOG has introduced a new protocol to reduce PoW’s energy waste. Cardano’s research and development company, Input Output Global (IOG), has introduced a new consensus protocol to reduce the energy waste of Proof-of-Work (PoW) blockchains. The protocol, dubbed Ofelimos, was introduced at the Cryptology conference by members of the IOG research team. According to the […]The post Cardano IOG Introduces New Protocol to Reduce Energy Waste of Bitcoin and Other Proof-of-Work (PoW) Networks  appeared first on The Crypto Basic.

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