Proof-of-Work Must Die Quickly And Painlessly

The executive director of the Hyperledger consortium Brian Belendorf, today spoke at the Business of Blockchain conference in MIT told about his attitude to open source technologies.

"I believe that PoW will soon die of its death, quietly and quickly. We simply have to create and launch a less energy-intensive solution. "- summed up Belendorf.

He also noted that any technology, the source code of which is in the public domain, will always be used for both good and bad. His point of view is also supported by co-founder bitcoin.org.

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