Home Latest News Litecoin Foundation and ETC Cooperative Collaborate for First Ever Proof-of-Work Summit

Litecoin Foundation and ETC Cooperative Collaborate for First Ever Proof-of-Work Summit

by Lucas Rees

Major Players Rally for the Proof-of-Work Summit

The Litecoin Foundation and the ETC Cooperative are joining forces in organizing the first ever Proof-of-Work Summit. Taking place in Prague, Czech Republic from September 25-27th, 2023, the summit seeks to encapsulate the spirit and ethos of the original blockchain innovators, the cypherpunks.

While discussions will range from advancements in mining to public policy changes, a standout aspect of the event will be the impressive line-up of speakers. Among the confirmed are Charlie Lee, Litecoin Creator, and Alan Austin, Litecoin Foundation’s Managing Director.

Exploring Future of Blockchain Industry

Among the discussions and workshops, network security, environmental sustainability, and the merits of proof-of-work (POW) vs proof-of-stake will feature prominently. As Alan Austin, Managing Director of the Litecoin Foundation says, “The Proof-of-Work Summit is an opportunity for industry leaders and interested individuals alike to come together to discuss everything from mining and privacy to the merits of proof-of-work itself”.

The event is primed to provide attendees with numerous in-person networking opportunities and intimate discussions within a framework of presentations on topics pertinent to the future of blockchain technology.

Championing Cypherpunk Values

The Proof-of-Work Summit aims not only to facilitate dialogue among industry innovators but also embody the philosophy of the early cryptocurrency visionaries, the cypherpunks. As Bob Summerwill, Executive Director at ETC Cooperative, points out, “We’re going back to cypherpunk fundamentals. Highlighting that censorship resistance, decentralization, proof-of-work and privacy are more relevant than ever in 2023”.

This collaboration between the Litecoin Foundation and the ETC Cooperative signals their joint focus on underlining the strength of the proof-of-work mechanism and the value of community collaboration in fostering the future of blockchain.

We invite readers and cryptocurrency enthusiasts to share their thoughts on the upcoming Proof-of-Work Summit and its potential impact on the blockchain industry. Get tickets for the event by visiting the Proof-of-Work Summit’s website and apply discount code ‘CEvent2023’ to save 15% on the price.

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