You have flown to NYC to have a discussion with a technical executive of a too big to fail bank. You are having a discus
Posted: Fri Jul 22, 2022 11:27 am
You have flown to NYC to have a discussion with a technical executive of a too big to fail bank. You are having a discussion about blockchain algos and the customer is asking what are some disadvantages of using a POW algo?
A. Centralization of blockchain control
B. Only use case for computational power is blockchain
C. Large expenditures for computational power
D. Not profitable for miners
E. 51% attack mitigation
A. Centralization of blockchain control
B. Only use case for computational power is blockchain
C. Large expenditures for computational power
D. Not profitable for miners
E. 51% attack mitigation