4 ms·
Would moving to proof-of-stake help reduce energy (as used in newer Ethereum)? (less secure, but more energy efficient/faster)
by erwincoumans 5y ago
Would moving to proof-of-stake help reduce energy (as used in newer Ethereum)? (less secure, but more energy efficient/faster)
- FabHK 5y agoNext step: one dude in a basement with an Excel sheet. Can also process 4 transactions per second (if typing fast), a bit less secure, but much more energy efficient. (Note: at BTC's cost of US$ 1.5 million per hour, we can also hire a few trustworthy people to stand behind the dude and make sure that there's no cheating, and still be more efficient.)
- DennisP 5y agoEthereum's proof of stake currently has a quarter million validators, so it's arguably a bit more secure and decentralized than one dude with an Excel sheet.