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Knowledge Protocol. Daily curated links from the space of blockchain, bitcoin, tokens, cryptocurrencies and protocols. No news, no bullshit, deep knowledge only.

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PoW is Efficient

"Most people think #Bitcoin’s PoW is “wasteful.” In this article, I explore how everything is energy, money is energy, energy usage is subjective, and PoW’s energy costs relative to existing governance systems.* This article is a collection of direct thoughts from many individuals in the space — my value add was in the aggregation, distillation, and combination of narratives."

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