“Ethereum and Bitcoin, the 2 oldest and largest blockchain tasks, are each nonetheless utilizing PoW which is extensively (and rightly) thought-about wasteful,” Mihailo Bjelic, co-founder of Polygon, advised CoinDesk in an electronic mail. “These days that has began to considerably impression the general public opinion about Ethereum as a growth platform and a few startups, and enterprises turned hesitant to discover Web3.”
