Crypto markets have been very volatile in recent times and a great number of digital assets have dropped more than 30% in value during the last three days.
Meanwhile, XRP, which also does not use a PoW consensus algorithm, hasn’t gained massive percentages but has remained stable during the downturn.
In fact, the Peercoin project is the first PoS blockchain to pioneer distributed ledger systems without using massive energy.
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The cryptocurrency industry in South Korea keeps facing regulatory challenges, and it seems that dust is far from settling.