A Forbes contributor recently argued that Bitcoin’s (BTC) proof-of-work (PoW) based consensus algorithm contains “fundamental flaws.” However, he only states that PoW “has well-documented challenges that threaten to be fatal.” He does not mention, or explain, what these “fatal” flaws are. As most crypto enthusiasts would know, cryptocurrencies that use PoW protocols consume large amounts of energy because validating blocks on these networks is done via the resource-intensive mining process. For Further Information Click on Below Button