Some people think PoS is the answer, as it will provide confirmations with no extra energy consumptions.
I would argue that energy consumption is a feature, not a bug. That it is necessary and that if a blockchain isn't PoW, it isn't a blockchain.
Energy consumption required to solve cryptographic puzzles on Bitcoin blockchain is what ties the technology to the real world.
It is what gives people an identity, it is what stops spamming and gives people an incentive to reach a consensus.
If you don't consume extra energy that serves no other purpose, then you don't have physical incentives to reach a consensus.
You don't spend energy on a vote, which means there might be no real person behind such a vote.
Energy consumption is the only reasonable way to tie physical to virtual, but either way, a certain physical consumption is necessary to insure physical beings are controlling a virtual currency.
Topic: Is there any research being done to make the blockchain less energy consuming? - page 4. (Read 2996 times)
November 12, 2017, 08:27:49 PM
November 12, 2017, 07:58:19 PM
What are the possibilities? advantages/disadvantages...
anything planned?
anything planned?
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