4 ms·

Blockchains are moving away from PoW to PoS, which requires a millionth of the energy use, so that's not really an argument.

• logicallee 9y ago
  Kindly elaborate. Which ones? To what extent? What is the state of the art here? This was my only issue with bitcoin when I evaluated it several years ago.
  • wellboy 9y ago
    Pretty much all the newer ones, Nano, Iota and Eth probably soon to. There is also a debate to use delegated PoS or a hybrid of PoS and PoW to get both of their upsides with none of tbeir downsides.
    • yc-kraln 9y ago
      Iota is not a blockchain. It's also not a cryptocurrency. It's about 98% scam and 1% insane. and 1% Bosch.
      • wellboy 9y ago
        Yes, 3rd gen blockchains aren't blockchains anymore. :)
      • deleted 9y ago
        [deleted]
    • Fnoord 9y ago
      > There is also a debate to use delegated PoS or a hybrid of PoS and PoW to get both of their upsides with none of tbeir downsides. Read: PoS has downsides.
      • topmonk 9y ago
        So does cash
      • wellboy 9y ago
        Yes that's why they hybrid.
  • zodiac 9y ago
    The casper-ffg paper is a pretty good spec for a hybrid PoW-PoS system, and is IMO a good place to start before looking into full PoS systems