2min chapter

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Chia - A New Cryptocurrency, Built by Bram Cohen, Founder of BitTorrent

Modern Finance

CHAPTER

A Few Important Points About Proofs of Work

The gold standard these days in cryptos is proof of work. Lots of energy being produced are consumed, not so good for the environment. You don't want to be burning electricity in real time as it's happening. But you also want to tap into an existing resource that's already over utilized.

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