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David Schwartz: Ripple’s CTO makes a prediction about Bitcoin-like PoW chains

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Ripple’s CTO David Schwartz believes that PoW (proof of work), the consensus mechanism that underpins the Bitcoin network and similar networks, will not go away. I don’t think PoW will go away. I think its popularity will drop, but there may be room for at least one PoW chain for a long time. I hope […]

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