Downsides of Proof-of-Work and Proof-of-Stake, explained

Cointelegraph

Published Sep 14, 2022 07:00AM ET

Updated Sep 14, 2022 08:40AM ET

This is a Layer 1 blockchain that is based on sidechain technology — by using an interoperable bridge protocol able to connect the Eurus mainnet with Ethereum or other networks.

The founders of Eurus say their goal is to deliver faster crypto transactions and payments, ensure major blockchains can communicate with one another, and tackle some of the common pitfalls that have been identified with major networks — slow transaction speeds and high gas fees among them.

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