Bitcoin Proof-of-Stake: A Peer To Peer Electronic Cash System Reducing Miner Dependability

Bitcoin has been here for more than a decade and continues to dominate nearly 66% of the overall cryptocurrency market. However, the proof-of-work (PoW) consensus mechanism for Bitcoin core blockchain makes it susceptible to complete miner domination through 51% attacks. Besides, the latest Bitcoin halving has reduced miner rewards while increasing the network complexity which … Continue reading Bitcoin Proof-of-Stake: A Peer To Peer Electronic Cash System Reducing Miner Dependability