Proof of Work-Enabled Bitcoin Unlikely To Succeed On Monday, the Basel, Switzerland-based Bank of International Settlements (BIS) — the so-called central bank of central banks — released a paper titled “Beyond the doomsday economics of “proof-of-work” in cryptocurrencies.” In the research publication, authored by BIS’ principal economist Raphael Auer, it was explained that the antiquated Proof […]The post BIS: Proof Of Work Bitcoin (BTC) Won’t Replace Wall Street appeared first on Ethereum World News.
