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I believe blockchain tech has the potential to change the world. With that said, I do have some burning questions: 1. Can there be consensus mechanisms that ar
by simmanian 6y ago
I believe blockchain tech has the potential to change the world. With that said, I do have some burning questions:
1. Can there be consensus mechanisms that are environmentally sustainable? Does PoS work well? We have so many "new" blockchains with "new" consensus mechanisms but not enough information on the tradeoffs among them.
2. Do we actually need blockchain for anything other than finance? Can't we use p2p for things like governance? Can't we achieve a similar level of trust using traditional p2p tech?
- jules-jules 6y agoEthereum PoS is live and secured by 3.5M Ether right now. It uses 99% less energy than PoW https://beaconcha.in/ https://beaconcha.in/
- simmanian 6y agoAny idea how the energy savings are measured?