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The Bitcoin Monster, updated

Summary:
A little while ago, I wrote about the impending shift of the Ethereum cryptocurrency from “proof of work” to “proof of stake”, with an energy saving of 99 percent. I’ve now expanded that post into an article for The Conversation, which has just come out. Read and enjoy (or skip, if you’ve heard enough about crypto). Share this:Like this:Like Loading...

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A little while ago, I wrote about the impending shift of the Ethereum cryptocurrency from “proof of work” to “proof of stake”, with an energy saving of 99 percent. I’ve now expanded that post into an article for The Conversation, which has just come out. Read and enjoy (or skip, if you’ve heard enough about crypto).

John Quiggin
He is an Australian economist, a Professor and an Australian Research Council Laureate Fellow at the University of Queensland, and a former member of the Board of the Climate Change Authority of the Australian Government.

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