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Question for you - what are the most energy efficient crypto protocols that could serve as the underlying network for a distributed system? And have there been
by digdugdirk 2y ago
Question for you - what are the most energy efficient crypto protocols that could serve as the underlying network for a distributed system? And have there been any studies that look at the total energy consumption of a system of any reasonable size using various crypto protocols?
- EGreg 2y agoWell, once you move beyond proof-of-work, the energy use drops 99%. It's not about energy, it's about bottlenecks. Blockchain has bottlenecks, and if you have one blockchain for all the apps, it's going to be either inefficient or centralized. Back in 2017, I designed a system to avoid global consensus: https://intercoin.org/technology.pdf https://intercoin.org/technology.pdf If you want to see a visual presentation that explains why we need to go beyond blockchains, then check this out: https://intercoin.org/intercloud.pdf https://intercoin.org/intercloud.pdf
- deleted 2y ago[deleted]