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Behind High Energy Consumption of Blockchain: PoS Consensus Mechanism To Be A Solution

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5 years ago

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The energy consumption of Blockchain

Recently, Elon Musk, the founder of Tesla, posted on Twitter saying that: Bitcoin can consume too much in mining and transaction process, such excessive fossil fuel consumption will result in negative impacts on the ecosystem. The Ethereum co-founder Vitalik Buterin also noticed the high power consumption problem in Blockchain technology. He presented that Ethereum would change its consensus mechanism from PoW to PoS to reduce the power consumption caused by the mining process in PoW-based technologies like the Bitcoin. From a global view, energy consumption issues are concerned by an increasing number of countries. To urge the efficient power usage, many countries and organizations have set up environmental protection plans, such as the UN’s SDG (Sustainable Development Goals) and the US carbon neutrality, etc.

In this context, the future development of a technology need to consider the sustainable development and environmental friendliness as one of the important metrics and goals. As an emerging technology for privacy protection, Blockchain presents excellent protection capabilities. However, such capabilities rely on the large-scale computing resources and result in a large amount of power consumption. Part of the reasons for such high power consumption are due to the PoW (Proof of Work) consensus mechanism which has high demands on the performance of the Blockchain nodes.

Besides energy consumption, other concerns of the consensus mechanism

The technology of the base layer of the Blockchain has the advantages like anonymous, Immutable, decentralized and so on. To achieve these advantages, Blockchain enhances the privacy and protect the transaction process by increasing the cost of network participation. The core concept of the early-stage PoW consensus mechanism is based on the workload cost.  The credibility need to be proved by the cost of a lot of work. In this case, the machines that maintain the ledgers (also referred to as mining nodes) need to continually crack complex math puzzles to obtain Bitcoin as rewards. This computing process not only needs to rely on a large amount of computing resources, but also sacrifices part of the scalability on the Blockchain to ensure safety. When it comes to the boosting growing of transaction volume, this mechanism will not be able to meet high-speed and large-scale processing demands. Based on such limitations of PoW, PoS (Proof of stake) is gaining more and more attention to work as a consensus mechanism with low resource consumption and guaranteed decentralization, safety and scalability.

In a PoS-based Blockchain system, nodes do not have to consume much power to compete for accounting rights. The priority of accounting rights is measured by the amount of stake holdings. In this way, the nodes no longer consume a large amount of electricity to calculate the hash functions, thereby solving the high energy consumption issues in PoW mechanism. In spite of the improved efficiency in PoS, the safety of the mechanism is affected. Therefore, in order to ensure the reliable operation of PoS, the researchers need to develop reliable algorithms from the trade-off among the decentralization, safety and scalability.

Unique advantages of PlatON PoS

With the issues caused by the PoW mechanism has been widely criticized, more and more Blockchain technologies inclined to choose or transit to the PoS-based consensus mechanisms. This results in a boosting growing of the PoS-based Blockchain frameworks in recent years. As the world leader in computing privacy area, PlatON has rooted and researched in privacy computing technologies many years. PlatON’s research and practice in consensus mechanisms are also forward-looking. The PPoS (PlatON PoS) consensus mechanism uses off-chain identity, credit mechanisms and procedural arrangements to provide a scheme to select a number of verification nodes from many participating nodes as fair and randomly as possible. Hence, PPoS can effectively inhibit bribery, collusion, etc., and reduce the consensus cost and improve the system scalability by optimizing technical details. Meanwhile, ensuring the decentralization and scalability, PlatON further enhances the system safety by combining the experiences in computing privacy area. The Alaya network based on PlatON PoS has been operating stably and efficiently for a long time, successfully solving the problem of over-centralization of the system, reducing network communication complexity and message complexity, improving consensus efficiency and the entire Blockchain transaction processing performance. In this case, the safety and liveness of the technology are verified. PlatON has been able to improve its PoS mechanism through its attention to every detail, continuous attempts, active exploration of cutting-edge areas, and forward-looking plans in the future development. Next step, PlatON will continue actively promoting the efficient network operation with high-quality code, providing efficient, high-availability, distributed and sustainable infrastructure applicable for diverse industrial and commercial use cases, and supporting the exchange of data flows in the global world.

References:

1.PlatON has launched the “Rally around the Galaxy” and launched a comprehensive simulation test, https://mp.weixin.qq.com/s/UeIRWj2lKJ7b1umSqU8_yQ

2. [Long Article Explained] What is the Giskard Consensus Mechanism? | Technology Cloud Atlas, https://mp.weixin.qq.com/s/4yHenrGH0E7zzLBuN58BJg

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Alex Jacob

Alex Jacob is a literature author. He was born in Chicago. Alex passion is writing news articles. He writes number of articles and published it.

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Press Release

COGIXEx Exchange, a Subsidiary of Exchange Coin Global Inc, Expands the Future of Global Crypto Trading

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3 minutes ago

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May 15, 2026

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United States, 15th May 2026 – As the global cryptocurrency industry continues to evolve, digital asset exchanges are no longer competing solely on trading volume. Security, compliance, liquidity, infrastructure, and user experience have become the core factors defining the next generation of crypto trading platforms. Against this backdrop, COGIXEx Exchange, a subsidiary of Exchange Coin Global Inc, is emerging as a platform focused on building a secure, scalable, and globally compliant digital asset ecosystem.

Founded in 2024, Exchange Coin Global Inc was established to bridge traditional financial infrastructure with the rapidly growing Web3 economy. Through COGIXEx Exchange, the company is developing a comprehensive cryptocurrency trading environment designed for both retail investors and institutional participants. The platform combines centralized trading efficiency with future-oriented blockchain infrastructure, aiming to create a more transparent and sustainable crypto financial system.

 

COGIXEx Exchange provides access to spot trading, derivatives trading, C2C services, digital asset custody, and blockchain-based financial products. The exchange supports major cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), USDT, Litecoin (LTC), Bitcoin Cash (BCH), and other mainstream digital assets. In addition to standard spot trading, the platform is also expanding into perpetual contracts, quantitative trading tools, and professional-grade API connectivity for advanced users.

Security remains one of the defining priorities of the platform. In recent years, the cryptocurrency industry has experienced repeated exchange hacks and liquidity crises, increasing investor demand for safer trading environments. COGIXEx Exchange addresses these concerns through a multi-layered security architecture that includes cold wallet storage, multi-signature authorization systems, distributed infrastructure, MPC security technology, and real-time risk monitoring mechanisms. The platform also emphasizes reserve transparency and blockchain-based verification systems intended to improve user trust and operational reliability.

 

Beyond security, COGIXEx Exchange is placing significant emphasis on compliance and international expansion. Exchange Coin Global Inc states that it operates within a regulatory-focused framework and has obtained a Money Services Business (MSB) license issued by FinCEN in the United States. The company is also pursuing broader regulatory development and global operational expansion across regions including Singapore, Hong Kong, Canada, Australia, Japan, and Latin America.

 

One of the platform’s major goals is to improve the efficiency of global digital asset trading infrastructure. The exchange integrates a high-performance matching engine capable of supporting large-scale transaction processing while reducing latency and improving order execution speed. This infrastructure is designed to support both retail trading demand and institutional liquidity requirements as the crypto market becomes increasingly professionalized.

 

COGIXEx Exchange is also actively exploring decentralized finance and blockchain infrastructure integration. The company’s roadmap includes future support for decentralized trading mechanisms, cross-chain interoperability, on-chain settlement systems, DeFi yield aggregation, and privacy-focused blockchain services. Technologies such as IPFS distributed storage, Byzantine Fault Tolerance consensus mechanisms, and smart contract frameworks are part of the broader technical architecture being developed within the ecosystem.

 

Another area receiving attention is community-driven growth and investor support. The platform aims to introduce social trading functions, educational systems for new crypto users, and investor protection mechanisms designed to improve transparency and reduce operational risk. By combining centralized exchange performance with decentralized financial innovation, COGIXEx Exchange is attempting to position itself within the next stage of global digital asset market development.

 

As institutional capital continues entering the cryptocurrency sector and governments accelerate regulatory oversight, exchanges with stronger infrastructure, compliance capabilities, and global scalability are likely to become increasingly important. Through its long-term strategy, COGIXEx Exchange and Exchange Coin Global Inc are working to establish a digital financial ecosystem capable of supporting the future expansion of blockchain-based economies and international crypto adoption.

Media Contact

Organization: Exchange Coin Global Inc

Contact Person: Richard Dobrow

Website: https://exchangecoin.us/

Email: Send Email

Country:United States

Release id:45095

The post COGIXEx Exchange, a Subsidiary of Exchange Coin Global Inc, Expands the Future of Global Crypto Trading appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

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Press Release

IMBUED to Launch Kickstarter for Human-Centred MetaMuseum Platform

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3 hours ago

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May 15, 2026

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Italy, 15th May 2026 — IMBUED, a university spin-off from La Sapienza University of Rome, launched a Kickstarter campaign on 12 May 2026 to support the development of its MetaMuseum platform, a digital environment designed to facilitate participatory approaches to art and creative practice.

The campaign will run until 26 June 2026 with a funding target of GBP 65,000.

IMBUED is positioned as a human-centred platform that enables users to engage with artworks beyond passive viewing. The MetaMuseum integrates elements of exhibition space, creative tools, and community interaction, allowing participants to explore, interpret, and produce digital works. The platform is being designed to eventually integrate emotion-aware AI tools that support collaborative creativity and artistic exploration. Helping users reinterpret and evolve artworks in ways that reflect both creative intent and emotional context, without reducing the experience to purely automated generation.

The project is informed by the concept of the “Beholder’s Share,” whereby the viewer contributes to the meaning of an artwork. Within the platform, user interpretations may generate new outputs referred to as Certified Digital Artworks (CDAs), which can be registered via an integrated blockchain-based system.

A representative of IMBUED stated:
“The project is based on the principle ‘I Art Therefore I Am’, reflecting the view that creative expression is a universal capability. With ‘Let’s Make Art Happen’ as a guiding ethos, we are building a space where technology—including AI—supports human creativity rather than replacing it. The Kickstarter campaign is intended to support early access and community participation in the platform’s development.”

The initiative is developed through a multidisciplinary framework spanning neuroscience, psychology, physiology, and computer science, in collaboration with La Sapienza University of Rome. This foundation also informs IMBUED’s exploration of emotion-aware AI—systems designed to better understand how users experience and respond to creative work, rather than simply generating outputs on demand. The platform will contribute to ongoing research related to creativity and human perception.

Campaign Details:

· Launch Date: 9 May 2026
· End Date: 24 June 2026
· Funding Target: GBP 65,000

Indicative Stretch Objectives:

· GBP 200,000 – Android platform development
· GBP 300,000 – NFT and blockchain marketplace functionality
· GBP 500,000 – Advanced creative editor with expanded AI-assisted tools
· GBP 1,000,000 – Expansion into the United States and EMEA markets

The platform operates under the principle “0% Engagement — 100% Inspiration,” reflecting a design approach focused on creative interaction rather than maximising user retention metrics. AI within IMBUED is positioned as an enabling layer—enhancing exploration, interpretation, and collaboration—while keeping the human experience at the center.

About IMBUED

IMBUED is a digital art platform developed as a spin-off from La Sapienza University of Rome. The project brings together artistic practice, scientific research, and digital technologies—including emotion-aware AI—to support participatory models of creativity and more intuitive human–machine interaction.

Media Contact

Organization: IMBUED

Contact Person: IMBUED Team

Website: https://imbued.art/foundation

Email: Send Email

Country:Italy

Release id:45090

The post IMBUED to Launch Kickstarter for Human-Centred MetaMuseum Platform appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

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Press Release

Brian Arteaga Strengthens Legal and Global Expansion Efforts Through Philanthropy and Innovation

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3 hours ago

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May 15, 2026

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United States, 15th May 2026 — Brian Arteaga, a Beverly Hills, California philanthropist, real estate investor, and law student, is advancing his long-term mission by deepening his work across philanthropy, global development, and legal innovation. Building on more than 15 years of service and investment activity, Brian Arteaga continues to expand initiatives designed to connect communities, create opportunity, and improve access to legal resources.

Brian Arteaga’s philanthropic efforts remain focused on underserved communities throughout Beverly Hills, Los Angeles, and across California. Over the past 15 years, Brian Arteaga has supported youth programs, family assistance initiatives, and education-driven outreach. His international humanitarian work includes hands-on service efforts in Brazil, where he provided direct support to children in need of dental care.

In parallel with his charitable work, Brian Arteaga continues to expand his real estate portfolio across the United States. His holdings include multifamily and commercial properties in Nevada, Ohio, Georgia, and Texas. Brian Arteaga’s investment approach emphasizes long-term stability, sustainable development, and community-oriented growth.

Brian Arteaga is also strengthening his global footprint through hospitality and development projects across Mexico, Thailand, Georgia, Spain, Indonesia, and the United Arab Emirates. His international expansion strategy reflects a focus on high-growth regions and long-term value creation across emerging markets.

In the legal sector, Brian Arteaga continues to develop Legal Match Experts, a free platform connecting individuals with highly experienced attorneys nationwide. Each attorney on the platform has a minimum of 20 years of experience, ensuring users have access to seasoned legal professionals across a wide range of practice areas.

“Legal access should not be complicated or out of reach,” said Brian Arteaga. “My goal is to make it easier for people to connect with experienced attorneys who can truly help them.”

As Brian Arteaga prepares for the California Bar Exam, he is focused on integrating his legal education with his established background in business and philanthropy. His long-term vision includes expanding Legal Match Experts while continuing to scale his real estate and international development initiatives.

About Brian Arteaga
Brian Arteaga is a Beverly Hills, California philanthropist, real estate investor, law student, and entrepreneur. With over 15 years of philanthropic service, he has supported community programs and international humanitarian efforts. His real estate portfolio spans multiple U.S. states and global hospitality developments. Brian Arteaga is also the founder of Legal Match Experts, a platform dedicated to improving access to experienced legal representation nationwide.

Media Contact

Organization: Brian Arteaga

Contact Person: Brian Arteaga

Website: https://legallybrilliant.com/

Email: Send Email

Address:Beverly Hills, California, United States of America

Country:United States

Release id:45089

The post Brian Arteaga Strengthens Legal and Global Expansion Efforts Through Philanthropy and Innovation appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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