Proof of work is a technique used by cryptocurrencies to verify the accuracy of new transactions that are added to a blockchain. The decentralized networks used by cryptocurrencies and other defi ...

From the price of ETH, usability of decentralized applications, and communities of NFTs—there is a lot at stake as Ethreum switches from proof of work (PoW) to proof of stake (PoS).

The agency has focused on Proof-of-Stake coins, leaving Bitcoin and other Proof-of-Work blockchains unfazed by the current regulatory push.