On Monday 14 March 2022, the European Parliament voted on a…

  

On Monday 14 March 2022, the European Parliament voted on a… On Monday 14 March 2022, the European Parliament voted on a proposal to limit the use of cryptocurrencies using the proof-of-work consensus mechanism across the EU’s 27 member states. The proposal failed by a vote of 30-23, with 6 members abstaining.Consider the differences between proof-of-work and proof-of-stake consensus mechanisms discussed in this week’s topic. What are the:Benefits; and Disadvantagesof each consensus protocol, andHow would you have voted, if you were a member of the EU Parliament?  Business Accounting BIG DATA TTEC601 Share (0)