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Author Topic: Is there any research being done to make the blockchain less energy consuming?  (Read 2954 times)
rollerdyke44
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November 23, 2017, 12:38:10 AM
 #61


that's why we should restrict the mining industry ASAP

Thats bitcoin then lol. It wont be much different then other currencies if we were able to restrict it
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tommierijnbout
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November 23, 2017, 12:57:50 AM
 #62

I think there are researchs about this problem too but till now there are not much results .

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November 23, 2017, 03:04:44 AM
 #63


that's why we should restrict the mining industry ASAP

Thats bitcoin then lol. It wont be much different then other currencies if we were able to restrict it

sorry for the confusion and not being explicit enough. Let me explain:

1) It is very easy to imagine mining dystopian scenarios. Cheap electricity , cheap hardware... -> everybody mine, why working, why going to school, ecological catastrophe

2) So we need to prevent these (with consensus and in decentralized way). And that's what i meant.

3) If we do it too late, after letting the world hashpower developp too much then there could be the danger Doctor-s was talking about (i think). Part of this leftover hashpower could turn against the blockchain as it would be more lucrative

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