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?
Hmm, I think B and C are both good options. The fact that the only use case for the computational power is the blockchain itself is a major disadvantage of the POW algorithm.
The correct answer is C. Large expenditures for computational power. Proof-of-Work (POW) algorithms require a significant amount of computational power, which can be quite costly for miners and the overall network.
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