Home Coins Bitcoin Limiting Proof-of-Work Crypto Back on the Table as EU Parliament Prepares Virtual Currencies Vote

Limiting Proof-of-Work Crypto Back on the Table as EU Parliament Prepares Virtual Currencies Vote

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Limiting Proof-of-Work Crypto Back on the Table as EU Parliament Prepares Virtual Currencies Vote

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One model of the brand new draft, reviewed by CoinDesk, has an analogous provision although considerably toned down from the unique. It says that crypto property “shall be topic to minimal environmental sustainability requirements with respect to their consensus mechanism used for validating transactions, earlier than being issued, provided or admitted to buying and selling within the Union.”

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