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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

813,294 Wallets Lost $2 Billion on the TRUMP Token – The Registered Cut Explains Less Than a Third of the Winnings.

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5 hours ago

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July 7, 2026

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A new reconciliation maps every documented winner of the Trump crypto complex: 58 wallets took $1.1 billion, validators took $100 million in a week, and one income line survives the crash by law.

Vilnius, Lithuania — President Trump’s June 30 financial disclosure put a signed number on his crypto year: at least $1.4 billion, including $635 million in memecoin royalties. A new analysis from independent research publication Stack & Story, “Where the Two Billion Went,” starts where that filing stops: if 813,294 wallets lost $2.0 billion on the TRUMP token, and the family’s registered take explains less than a third of the documented winnings, who took the rest?

Key findings:

  • The TRUMP loss pool nearly closes against four documented winner cohorts: roughly $616 million to Trump-family entities (Reuters), $1.1 billion to 58 large wallets (Chainalysis), about $100 million to Solana validators and MEV operators in launch week (Helius), and a residual near $184 million for exchanges and unattributed actors.
  • The 58 winning wallets are 0.007 percent of the 813,294 losing wallets identified in a New York Times-commissioned forensic analysis.
  • The best-documented winner, a trader Bubblemaps calls “Naseem,” funded a fresh wallet with $1 million four hours before the launch announcement, bought within 30 seconds of the tweet, and exited with about $109 million.
  • Solana’s daily fee revenue hit an all-time high of $56.9 million on January 19, 2025, driven by TRUMP trading; validators collected over 100,000 SOL in two days.
  • The cleanest single transfer in the set: ALT5 Sigma raised $750 million from shareholders, spent $717 million on WLFI tokens, more than $500 million of which flowed to the family, and its shares fell from above $9 to under $1.
  • One income line needs no bull market: USD1’s $4.6 billion float earns an estimated $178 million a year for its issuer while paying holders zero, an arrangement the GENIUS Act’s July 18 rules make permanent for every compliant issuer.

“Everyone wrote that he made billions while holders lost billions. The number nobody had was the split,” said Mr Gintautas, founder of Stack & Story. “The president was not the biggest winner of his own memecoin. Fifty-eight anonymous wallets out-earned him.”

Methodology: figures assembled from the June 30 OGE disclosure, the Reuters investigation of June 9, the NYT-commissioned forensic analysis, Chainalysis, Bubblemaps and Helius data, with prices from CoinGecko and rates from FRED. Measurement windows differ across sources; the reconciliation is directional, not audited, and is labeled as such throughout.

Read the full analysis: stackandstory.com/stories/the-transfer-ledger

Disclosure: Stack & Story holds no position in the assets discussed and earns nothing from their movement. This is analysis, not investment advice.

About Stack & Story. 

Independent crypto and markets analysis — calm, decision-useful, every Sunday. No hype, no noise, no bag to defend. Free at stackandstory.com.

For more details, contact: hello@stackandstory.com · Web: stackandstory.com

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Company Name: Stack And Story

Contact Person: Mr Gintautas

(e) mail: hello@stackandstory.com

Website: stackandstory.com

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The World Is Dancing Episode II Synopsis, Next Episode Preview and Advance Cuts Revealed

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6 hours ago

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July 7, 2026

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The Story of the Boy Who Would One Day Be Known as Zeami “The World Is Dancing” Episode II: “You Have a Body, Don’t You?” Synopsis, Next Episode Preview and Advance Cuts Revealed

Tokyo, Japan, 7th Jul 2026 – CyberAgent, Inc. announces The World Is Dancing, currently available to HIDIVE subscribers throughout the U.S. and Canada as well as in key overseas markets including Australia and New Zealand since June 29, has unveiled the synopsis, next episode preview, and advance cuts for Episode II.

Set in a turbulent era of constant conflict, this work follows the intensely curious and beautiful boy Oniyasha (CV: Yumiri Hanamori) as he meets people, laughs, cries, confronts his own weaknesses, and shapes a new form of dance in an impermanent world. It is a “dancing story” spanning 600 years, exploring what might have happened when the man who would later create Noh—Zeami—was still called Oniyasha.

The anime is produced by the animation studio Cypic (Umamusume: Cinderella Gray, The Summer Hikaru Died). The series is directed by Toshimasa Kuroyanagi, known for his work on the TV anime The Great Passage, the animated film Love Me, Love Me Not, and both the TV and theatrical versions of the Backflip!!  series. 
The series recently won a Special Award at the Short Shorts Film Festival, drawing immense attention.

Set in 1374 during the conflict between the Northern and Southern Courts, Act 1 introduced Oniyasha, a boy born to the Kanze troupe of sarugaku performers, who spends his days unable to find meaning in dance. One day, he encounters Shirabyoshi dancing in a barn, experiencing something truly “good” for the first time. Following the broadcast, social media was flooded with praise from viewers captivated by the passion ignited in Oniyasha’s heart and the breathtaking animation of the dance sequences.

Following the broadcast and streaming of Act 1, social media was flooded with high praise from viewers who were captivated by Oniyasha’s passion and the striking intensity of the dance. Enthusiastic comments poured in, with fans stating, “Act 1 of The World Is Dancing was amazing!” and “It was incredibly entertaining; I’m absolutely watching every single episode.” Viewers also expressed their awe at the production quality, noting, “The way the expression of Shirabyoshi’s dance changed alongside Oniyasha’s shifting heart was truly beautiful,” and “The dance scene in the second half was a masterpiece that showed just how far Japanese animation can go.” 

Anticipation for the rest of the series was evident in reactions like, “It exceeded my expectations! I can’t wait to see what the passion born within Oniyasha will go on to create.”

In Episode II, fascinated by Shirabyoshi’s “good” dance, Oniyasha wishes to be able to dance like that himself and begins visiting her along with his friends Kogane and Ishiya. However, the heart-pounding excitement he felt that day never returns no matter how long he waits, leaving Oniyasha with a growing sense of frustration.

Nevertheless, triggered by his encounter with the Shirabyoshi, Oniyasha’s dance slowly begins to change, even earning him praise from his father, Kan’ami, who had never acknowledged him before. But it was not only Oniyasha’s dance that had changed…

What kind of story will Oniyasha’s changing dance and heart weave from here on? Don’t miss Act II!

 

The World Is Dancing Episode II Title & Advance Cuts

Episode II: “You Have a Body, Don’t You?”

Fascinated by what he found “good”, Oniyasha makes visits to Shirabyoshi accompanied by his friends Kogane and Ishiya, who also want to be able to dance that well. Though Oniyasha’s dance changes due to their encounters, other things have changed as well.

■ About The World Is Dancing

Follow “The World Is Dancing” on Social Media:
Official Website: https://sh-anime.shochiku.co.jp/worldisdancing-anime
Official X: https://x.com/wid_anime (@wid_anime)

Streaming Information:

Streaming from June 29, will be available to all HIDIVE subscribers throughout the U.S. and Canada as well as in key overseas markets including Australia and New Zealand.
Check other platform details at the Official Website)

STORY:

In 1374, amid the turmoil of the Northern and Southern Courts’ long running conflict, a boy named Oniyasha is born into a family of sarugaku theater performers. He spends his days in a kind of quiet gloom, haunted by a simple but persistent question: Why do people dance? Then, one day, he witnesses a dance that he feels to be “good”—and everything begins to change. This is the story of the beautiful young boy who would one day shape the art of Noh and be remembered as Zeami.

Media Contact

Organization: CyberAgent, Inc.

Contact Person: CyberAgent, Inc. Press Contact

Website: https://caanime.cyberagent.co.jp/en/

Email: Send Email

Address:40-1 Udagawacho, Abema Towers, Shibuya City, Tokyo

City: Tokyo

Country:Japan

Release id:46872

The post The World Is Dancing Episode II Synopsis, Next Episode Preview and Advance Cuts Revealed 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

BNBN.pl Ranking: The 10 Fastest-Growing Polish Startups to Watch in 2026

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7 hours ago

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July 7, 2026

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WARSAW, Poland — July 2026 — Poland has officially entered Europe’s scale-up league. According to a new editorial ranking published by BNBN.pl, one of Poland’s fastest-growing business news portals, the country’s startup ecosystem is no longer an early-stage curiosity — it is producing companies valued in the billions and attracting record foreign capital. Venture funding in Poland reached PLN 3.4 billion in 2025 across roughly 180 deals, and the first months of 2026 have already brought an 84% year-on-year increase in invested capital.

Here are the ten Polish startups the portal’s editors believe deserve global attention in 2026:

1. ElevenLabs — The AI voice-generation phenomenon founded by Piotr Dąbkowski and Mateusz Staniszewski has become Poland’s most celebrated tech export. After a Sequoia-led Series D in early 2026, the company reported annual recurring revenue of around $500 million — up from $350 million just months earlier.

2. ICEYE — The satellite radar-imaging company with Polish roots closed a €200 million Series E in December 2025 at a €2.4 billion valuation, cementing its position as a leader in Earth observation and defense-related monitoring.

3. Booksy — The Warsaw-born booking platform for beauty and wellness services keeps expanding in the US and Europe, with more than $200 million raised to date.

4. DocPlanner — The healthtech unicorn behind ZnanyLekarz secured a €80 million Series E and continues to digitize medical appointments across Europe and Latin America.

5. Brainly — The Kraków-founded learning platform, used by hundreds of millions of students worldwide, has doubled down on AI-powered tutoring after its $80 million Series D.

6. Ramp Network — The crypto-payments infrastructure startup remains one of Poland’s strongest fintech bets, powering fiat-to-crypto rails for global partners.

7. Sybilla Technologies — A rising star of Polish spacetech, the company raised over €8 million in 2026 for its global network of optical sensors tracking objects in orbit.

8. Infermedica — The Wrocław-based medtech develops AI-driven symptom-checking and triage technology used by insurers and healthcare providers in dozens of countries.

9. Nomagic — The Warsaw robotics company builds AI-powered robotic arms for e-commerce warehouses and is expanding rapidly across Western Europe.

10. Paymove — One of the freshest names on the list, this fintech raised €2.12 million in seed funding in 2026 to build payment systems designed for agentic AI — a category that barely existed a year ago.

“Poland’s startup scene has reached critical mass,” comments the editorial team at BNBN.pl. “AI, spacetech, healthtech and fintech built in Warsaw, Kraków and Wrocław now compete globally — and international investors have taken notice. Moderna is considering a factory in Poland, Taiwanese investors are building a technology park near Wrocław, and Polish founders are raising some of the largest rounds in Europe.”

The full ranking, along with daily coverage of Polish and international business, finance and technology news, is available on the portal’s website.

About BNBN.pl

BNBN.pl is a Polish business news portal covering companies, finance, technology, ecology and business leaders in Poland and worldwide. Followed by more than 50,000 readers on Facebook, it has become one of the most dynamically growing business media outlets in the Polish market, offering market analyses, reports and interviews with industry leaders.

Media Contact: 

BNBN.pl Editorial Team 

Email: kontakt@bnbn.pl 

Web: https://bnbn.pl

Media Contact

Organization: BNBN.pl

Contact Person: Editorial Team

Website: https://bnbn.pl

Email: Send Email

Country:Poland

Release id:46859

The post BNBN.pl Ranking: The 10 Fastest-Growing Polish Startups to Watch in 2026 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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