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How did you work out the energy use of Proof of Stake...

  1. 299 Posts.
    lightbulb Created with Sketch. 8
    How did you work out the energy use of Proof of Stake blockchains and Visa which is just a payment processor? I bet they didnt count the actual banks and their systems.

    "Storing records on a network of computers, and having changes to those records cryptographically signed, is vastly resource-intensive and time-consuming."

    It's actually not, they make it intentionally difficult to find blocks aka proof of work but that isnt what that is talking about. Your article is trash and you should fell bad.
 
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