NeuCoin Explains Bitcoin’s Limitations as PoW-Supporting Coin

By November 5, 2015Bitcoin Business

Decentralized cryptocurrency NeuCoin thinks the Bitcoin network will soon face issues due to its Proof-of-Work (PoW) protocol. In a web-post published recently, the Proof-of-Stake (PoS) supporting cryptocurrency feared that making Bitcoin transactions will be costlier once it reaches its next halving. In its opinion, the security of the Bitcoin network is directly determined by the payments and rewards to miners. Today, miners are being paid high, and are thereby providing a tremendous amount of […]

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