Decoder with Nilay Patel cover image

Chris Dixon thinks web3 is the future of the internet. Is it?

Decoder with Nilay Patel

CHAPTER

Exploring Blockchain's Environmental Impact: Proof of Work vs. Proof of Stake

This chapter delves into the environmental implications of blockchain technology, specifically comparing the energy-intensive proof of work and the more efficient proof of stake mechanisms. It highlights Ethereum's transition from proof of work to proof of stake amidst rising concerns about energy consumption in blockchain networks.

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