Going Green: Energy Consumption Evaluation Part 2: Proof of Stake Consensus Algorithms

Disclaimer ODIN’s Blockchain uses a Proof of Stake Consensus Algorithm. If you have not yet read part one evaluating the energy consumption variables of proof of work blockchains, I suggest doing so here. This article aims at being part two of a three-part series evaluating energy consumption in both the proof of work and proof of stakeContinue reading “Going Green: Energy Consumption Evaluation Part 2: Proof of Stake Consensus Algorithms”

Going Green: Energy Consumption Evaluation Part 1: Proof of Work Consensus Algorithms

This article aims at being part one of a two-part series evaluating energy consumption in both the proof of work and proof of stake consensus algorithms vs. that of traditional banking systems and electronic payment processors. Proof of Work and Proof of Stake Consensus Protocols vs Traditional Banking Systems Proof of Work (PoW) — A proof of work isContinue reading “Going Green: Energy Consumption Evaluation Part 1: Proof of Work Consensus Algorithms”