3 ms·
I was about to post a similar sentiment but I figured I'd see if someone else is posting about Cardano first. If I understand correctly, the Proof of Stake that
by tombert 5y ago
I was about to post a similar sentiment but I figured I'd see if someone else is posting about Cardano first. If I understand correctly, the Proof of Stake that Cardano (ADA) uses roughly 1% of the energy that a Proof of Work system does, and can still be secure and cool.
IIRC, didn't Ethereum say about a year ago that they're planning on moving to a Proof of Stake at some point?
- Hendrikto 5y agoThe Ethereum PoS beacon chain is already active, and you can participate in staking. The full transition will happen soon™.
- speedgoose 5y agoCan they actually do it ? I would like to buy a new GPU at a decent price before I die.
- Hendrikto 5y agoThe transition has been successfully tested on the testnet, afaik. It should be said though, that while crypto mining surely contributes to the GPU shortage, it is only one of many factors.