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You Have Flown to NYC to Have a Discussion with a Technical

question 115

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You have flown to NYC to have a discussion with a technical executive of a too big to fail bank. You are having a discussion about blockchain algos and the customer is asking what are some disadvantages of using a POW algo?


Definitions:

Measuring Problem

The challenge of accurately assessing or quantifying a specific issue or variable, often encountered in research, analytics, or quality control processes.

Cost-efficiency Measure

The practice of reducing business expenses to achieve maximum efficiency and effectiveness.

Compensation Expense

The total amount of monetary and non-monetary pay provided to employees, including wages, salaries, bonuses, and benefits, recorded as an expense for the company.

Analytics

The systematic computational analysis of data or statistics to make informed decisions.

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