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Stock impact report

Seven Ways Proof Of Work Cryptography Supports Climate Action [Forbes]

Western Union Company (The) (WU) 
Last western union company (the) earnings: 2/11 04:05 pm Check Earnings Report
Company Research Source: Forbes
For years now you've likely seen and heard how blockchain and its associated technologies are bad for the environment. Although it has often been highlighted negatively, some and are now sharing ways proof of work cryptography can actually support climate action. This contradiction, of course, leads to a lot of confusion and misinformation around the topic. In this article, I'll explore the data around proof of work's energy use and climate impact. What Is Proof Of Work Cryptography? Blockchain technology allows users to transfer value across time and space without reliance on a trusted third party, like a bank or credit card company. To circumvent the middleman, decentralized networks, like Bitcoin, use proof of work (PoW) cryptography, a that Read more
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