Consensys has recently reached out to the SEC, advocating for the recognition of Ethereum's (CRYPTO:ETH) sophisticated security mechanisms, particularly highlighting the strengths of its Proof of Stake (PoS) model over Bitcoin's (CRYPTO:BTC) Proof of Work (PoW).

In a proactive response to the SEC's inquiries regarding Ethereum ETF applications, Consensys outlined the inherent safeguards against fraud and manipulation built into Ethereum’s architecture.

The blockchain company emphasised that Ethereum's PoS not only matches but surpasses the security features of Bitcoin’s PoW, supporting its case with Ethereum's faster block finality and a more robust validation process.

Through its comment letter, Consensys aimed to dispel concerns about Ethereum's security, pointing to slashing penalties and the decentralized nature of its community as key deterrents against potential security threats.