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Bitcoin is not the only cryptocurrency, and there are forms of distributed consensus in which the economic commitment is denominated in the currency itself (pro
by AlexCoventry 8y ago
Bitcoin is not the only cryptocurrency, and there are forms of distributed consensus in which the economic commitment is denominated in the currency itself (proof of stake) rather than any real-world resource like the computation required for proof of stake.
Ethereum will likely operate on proof of stake within two years.