Tag Archives: bitcoin

The case against Bitcoin’s security (vs. POS)

This is the second part of my trilogy of articles. The first being The case against Bitcoin’s energy usage, and the last one being The Case against Bitcoin’s governance. In this post I will examine the view that a Proof-of-Stake (PoS) cryptocurrency, specifically Cardano, is fundamentally less secure than an energy hungry Proof-Of-Work (PoW) coin,Continue reading “The case against Bitcoin’s security (vs. POS)”

The case against Bitcoin’s energy usage

There is an emerging schism between Proof-of-Work cryptocurrencies such as Bitcoin, and Proof-of-Stake cryptocurrencies such as Cardano. Some of it is down to differences of opinion around security, some of it is around blockchain utility, but the most notable difference is around energy consumption. In the past year I’ve seen Bitcoiner’s apply gravity bending logicContinue reading “The case against Bitcoin’s energy usage”