Re:Blockchain at Berkeley
by akhosla on Saturday June 24, 2017 @05:53AM
(#14625053)
Recommend you check out Proof-of-Stake. It solves the problem of power wastage. ;)
[ Parent
| on HN ]
That requires solving the 'nothing at stake' problem. I recall reading some proposed solutions, but they were complicated.
If anything is great about proof-of-work, it's how simple it is.
But many people (including those who are actively developing it) aren't even sure if Proof-of-Stake is even fully possible.
As far as I know there are still some pretty big holes in PoS that still need to be filled in.