Why Bitcoin May Be Falling Behind in Modern Blockchain Evolution
Bitcoin was revolutionary when it launched over a decade ago. But its mining system, based on Proof of Work, is now considered outdated. It requires massive computational power, expensive hardware, and consumes huge amounts of electricity — often criticized for its environmental impact.
While newer blockchains have shifted to energy-efficient models like Proof of Stake, Bitcoin still processes transactions slowly and with high energy costs. Its transaction speed is low, and network congestion can further delay confirmations.
In short, Bitcoin’s structure was built for a different era. Today’s technology demands faster, greener, and more scalable solutions — and that’s where other coins are stepping ahead.
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