EU fails to ban Proof of Work
As is being reported by multiple sources, Bitcoin Magazine linked here. About a one minute read. Active Twitter thread below.
Comment: vote was 31 to 4 with 23 abstentions, sanity prevails. Who would support the mess that is Ethereum, with proof of stake (sorta) over Bitcoin at present? Excellent call by The EU.
Cameron Winklevoss on Twitter
“EU Parliament makes the right call and votes against proof-of-work ban. The positive implications of Bitcoin can’t be overestimated. Plus, let’s get priorities straight, Bitcoin’s carbon footprint to merit ratio is so much stronger than other energy uses in the EU.”
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