this post was submitted on 07 Jul 2024
498 points (92.6% liked)

Memes

45751 readers
1337 users here now

Rules:

  1. Be civil and nice.
  2. Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.

founded 5 years ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] RedDoozer@lemmy.zip 1 points 4 months ago

The PoS option was to highlight that power consumption doesn't have to be an issue. Of course, PoS has its own issues.

The network can use any other type of proof, like Proof of Authority where only a buch of validators owned by the banking system can process the transactions. The network can be even tokenless, no profit or incentives from it, just the secure architecture.