5 ms·
> but can we even have a blockchain-based tech that doesn't burn enormous amounts of electricity just to operate? Look into Proof of Stake (PoS) - people are l
by shawabawa3 9y ago
> but can we even have a blockchain-based tech that doesn't burn enormous amounts of electricity just to operate?
Look into Proof of Stake (PoS) - people are looking into more efficient blockchains (although there's some controversy over whether it will work)
- TeMPOraL 9y agoI've heard of the term, but from what I understand, no actual working implementation of that concept currently exists, right?
- mclehman 9y agoDecred is currently mined using a mix of PoW and PoS. Current supply[1]: PoW-mined: 43.5% PoS-mined: 21.8% Development Subsidy: 7.3% Airdrop: 13.7% Dev Premine: 13.7% Blackcoin is also PoS mined, and NXT reaches consensus using PoS but if IIUC is not mined per se. 1: https://www.decred.org/ https://www.decred.org/