Blockchain Innovation Aims to Resolve Consensus Mechanism Flaws by 2032

The quest for more efficient and scalable blockchain networks is gaining urgency as consensus mechanism flaws are targeted for resolution by 2032. This deadline-driven effort aims to address limitations in both Proof of Work (PoW) and Proof of Stake (PoS), with a focus on reducing energy consumption while enhancing transaction speeds. Leading blockchain developers and platforms are working on solutions to improve decentralization and reduce overall environmental impact.