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A misconception about proof-of-work
The BSV Association welcomes the European Institution’s decision not to ban Proof-of-Work consensus mechanisms and encourages further discussions around its efficiency and environmental-friendliness.
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A common misconception around proof-of-work
Proof-of-work blockchains as they were originally designed, and as promoted by the BSV Blockchain Association, aim to achieve scalability while ensuring security and interoperability within an energy-efficient system.
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The Bitcoin Letters: Proof of Misunderstanding
Proof of Stake is an unviable alternative to Proof of Work, read more about this in the chapter ‘Proof of Misunderstanding’.
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Bitcoin, stability and the decentralisation of power
In a presentation ‘Bitcoin, Stability and the Decentralisation of Power’, Dr Craig S Wright, aka Satoshi Nakamoto, explains basic terms about Bitcoin and dispels false myths such as decentralisation or the misunderstanding of cryptography in Bitcoin.
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There is no blockchain ‘trilemma’ – the answer is BSV
Much of the recent discussion in the blockchain space has focused on Ethereum and its decision to move to a proof-of-stake protocol. Most notably, the move has led to a false narrative that a decentralised, scaled, and secure blockchain cannot exist, says Bryan Daughtery, Founder of SmartLedger.
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20 Million Txs Per Day: Writing Data to the World’s Largest PoW Blockchain
The WeAreDevelopers World Congress in Berlin hosted more than 8000 visitors from all over the world. BSV blockchain’s first stage session showcased what unique utility ‘The World’s largest PoW blockchain’ provides.