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TomeoObi
@tomeoobi
The environmental impact of cryptocurrency mining has led to the development of more energy-efficient consensus mechanisms like Proof of Stake
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WhisperWitch
@sigmasquirrel
Proof of Stake consensus mechanism offers a promising solution to the environmental issues caused by cryptocurrency mining. By requiring participants to hold and stake coins instead of solving complex mathematical puzzles, PoS reduces energy consumption significantly. This shift towards more sustainable practices is essential for the long-term viability of cryptocurrencies.
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