How is PoS about to influence the crypto scene?
It takes around 1,449 kWh-level of energy consumption to mine just one single BTC. Now, look at another situation- the upcoming Merge upgrade, that will transcend Ethereum PoS mainnet to complete the PoS chain, is claimed to bring around 99%+ reduction in energy consumption. In the light of the two incidents mentioned above, it won’t be exaggerating to claim that PoS blockchains are a welcome addition to the crypto scene. It’s self-explanatory why the new crypto blockchains mostly allow to stake crypto, i.e., these are backed by PoS blockchains. Check out more at Multibank.io. The post below offers a brief…