The Econ Committee Approach to Pow

In Article 3(1), point (28a) of the latest draft MiCAR, the ECON Committee defines PoW as “a consensus mechanism that requires all miners that are participants to the DLT to solve complex mathematical puzzles to validate a new transaction, adding a block to the chain and permanently and irreversibly recording a new tra… See more

Background: Micar – Where Are We Now?

In the context of finalising the first draft of the Markets in Crypto-Assets Regulation (MiCAR), the European Parliament Committee on Economic and Monetary affairs (ECON Committee) … See more