The Tangle technology leveraged by IOTA makes it extremely energy-efficient and thus is emerging as the top choice of European lawmakers.
The IOTA Assemble network will further push the network towards decentralization allowing to build fully decentralized smart contracts.
Although Bitcoin grabs the lion’s share in the crypto industry, it has often come into the crossfire from the policy makers. This week the European Union is planning to unveil a new draft that will grade cryptocurrencies as per their energy efficiency.
The scheme will nudge crypto companies to ditch crypto assets whose energy consumption is equivalent to a number of countries. Bitcoin has been the center of attention over its Proof-of-Work consensus model and policymakers are surely not happy about its energy usage.
Europe is emerging as the first major bloc to regulate digital assets. Besides, it seeks to establish international crypto standards and wants other countries to follow its lead. The draft as accessed...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...