@cm0002@lemmy.world to memes@lemmy.world • 10 days agoEtherium logo finally makes senselemmy.mlimagemessage-square132fedilinkarrow-up11.76Karrow-down122
arrow-up11.74Karrow-down1imageEtherium logo finally makes senselemmy.ml@cm0002@lemmy.world to memes@lemmy.world • 10 days agomessage-square132fedilink
minus-square@Knock_Knock_Lemmy_In@lemmy.worldlinkfedilink3•9 days agoMost of the 2nd and 3rd generation blockchains are much less energy intensive (although still more than a home PC). For example, Ethereum could be run on the energy equivalent of a single wind turbine.
minus-square@Knock_Knock_Lemmy_In@lemmy.worldlinkfedilink3•9 days agoCorrect. Proof of stake is much more efficient than proof of work, but electricity is still needed to run 24/7 the million validators securing the network.
Most of the 2nd and 3rd generation blockchains are much less energy intensive (although still more than a home PC).
For example, Ethereum could be run on the energy equivalent of a single wind turbine.
Iirc etherium is proof of stake
Correct. Proof of stake is much more efficient than proof of work, but electricity is still needed to run 24/7 the million validators securing the network.