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Bitcoin Mining is Ancient Tech Says Cornell Professor Emin Gün Sirer

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thedesertlynx

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Bitcoin Mining is Ancient Tech Says Cornell Professor Emin Gün Sirer
Bitcoin%E2%80%99s-Flash-Hash-Crash-Illustrates-Need-for-Cryptocurrency-PoW-to-Evolve.jpg

Cornell University professor Emin Gün Sirer believes that Bitcoin mining as a security model is “ancient and badly parameterized” after a flash crash of the network’s hashrate several days ago, giving doubt to the reliability of a pure proof-of-work system.

Read more - https://dashnews.org/bitcoin-mining-is-ancient-tech-says-cornell-professor-emin-gun-sirer/


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