Hi, what is proof-of-stake? Sorry for my ignorance.
I was surprised at this. Here (U.S.) I've been reading on occason about
people's machines being used for mining, with or without permission, and
how this might replace ads in the future; for me, though, any sort of
'other' entities in my machine spells trouble... Any thoughts on this as
well?
On Sat, 4 Nov 2017, ruth catlow wrote:
Hiya,
Yes, I've seen this circulating.
Some further research needed I think.
But first some cheering art that speaks to these concerns. Julian Oliver's
Harvest - Wind energy used to mine cryptocurrency to fund climate research.
These are the things I want to know - need to research.
1) How do Blockchain based emissions compare to those of other global
communication and trading network infrastructures such as:?
- Other currency and financial trading systems (including High Frequency
Trading)
- Streaming video servers for Netflix, Amazon etc
I wish the person who had penned this blog had done more to compare like
with like. Anyone got a nice online resource we can point to?
2) And what is the carbon emission prognosis is for newer developments in
blockchain technologies that use Proof-of-Stake rather than Proof-of-Work.
Bitcoin was the first, there are a many other blockchain technologies now
developing different (including much more energy efficient) approaches.
Can we combine efforts here. Figures/references anyone please?
Cheers!
Ruth
On 04/11/17 13:06, Alan Sondheim wrote:
ah well, this just came over, comments?
https://motherboard.vice.com/en_us/article/ywbbpm/bitcoin-mining-electricit
y-consumption-ethereum-energy-climate-change
- Alan
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