Thanks greatly, still confusing but less so.
Best! Alan
On Sat, 4 Nov 2017, ruth catlow wrote:
On proof of work vs proof of stake
On 04/11/17 14:15, 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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