cm0002@lemmy.world to memes@lemmy.world · 2 days agoEtherium logo finally makes senselemmy.mlexternal-linkmessage-square118fedilinkarrow-up11.7Karrow-down121cross-posted to: memes@lemmy.ml
arrow-up11.67Karrow-down1external-linkEtherium logo finally makes senselemmy.mlcm0002@lemmy.world to memes@lemmy.world · 2 days agomessage-square118fedilinkcross-posted to: memes@lemmy.ml
minus-squareKnock_Knock_Lemmy_In@lemmy.worldlinkfedilinkarrow-up2·9 hours 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-squareKnock_Knock_Lemmy_In@lemmy.worldlinkfedilinkarrow-up2·6 hours 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.