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

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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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Press Release

Persistent negative inventory in QuickBooks can create ongoing discrepancies, complicate reconciliations

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Brandon, MB, Jul 24, 2026, ZEX PR WIRE — Negative inventory in QuickBooks occurs when products are sold or used before they are recorded as purchased or received. This often happens when sales transactions are entered before purchase orders, when inventory counts are inaccurate, or when timing gaps exist between receiving stock and recording it in the system. While it may seem like a minor data entry issue, it can have significant consequences for both accounting accuracy and system performance.

When inventory goes negative, QuickBooks struggles to calculate the correct cost of goods sold because it does not yet have a recorded cost for the items sold. This can lead to distorted financial reports, including incorrect profit margins and misleading balance sheet values. Over time, as transactions are adjusted or backfilled, these inconsistencies can ripple across reports, making it difficult to trust the data.

The long-term risks are more serious. Persistent negative inventory can create ongoing discrepancies, complicate reconciliations, and increase the chances of errors during audits or tax reporting. It can also contribute to file instability, especially in larger or heavily used company files.

Addressing negative inventory early helps restore clarity and accuracy. By ensuring transactions are entered in the correct order and inventory records are properly maintained, businesses can prevent reporting issues and maintain reliable financial data.

 

About QuickBooks.ninja

QuickBooks.Ninja is powered by the team at E‑Tech Corporation, a company dedicated exclusively to QuickBooks data services since 1999. Over the past 25+ years, the team has repaired, converted, and migrated tens of thousands of QuickBooks files for organizations of all sizes—from sole proprietors to large enterprises with complex, multi-entity structures.

What began as a specialized QuickBooks file repair service has evolved into a comprehensive offering spanning 36 distinct services. Today, the scope includes everything from urgent data recovery to advanced platform migrations, file optimization, and cross-region conversions. Clients range from accounting firms and bookkeepers to IT consultants and businesses across the United States, Canada, the United Kingdom, and Australia.

With experience across every QuickBooks version ever released—from early DOS-based editions to modern Desktop and Enterprise platforms—the team brings unmatched depth of knowledge. This extensive background means they have encountered virtually every type of file issue, error code, and conversion challenge. In most cases, if you’re facing a problem, it’s one they’ve successfully resolved before.

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Press Release

TLG Files Explained: What They Can and Cannot Recover

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Brandon, MB, Jul 24, 2026, ZEX PR WIRE — QuickBooks users often hear about TLG files when dealing with backups or data issues, and many assume these files can fully restore lost or corrupted data. In reality, transaction log files play a very specific role—and understanding their capabilities and limitations is essential for making the right recovery decisions.

A TLG file (Transaction Log File) works alongside the main QuickBooks company file. Its primary function is to record every transaction or change made after the last backup. This includes activities such as adding invoices, updating records, or modifying account balances.

The purpose of the TLG file is to support QuickBooks’ internal backup and recovery processes. If a backup is created, the TLG can help bring that backup up to date by reapplying transactions that occurred after the backup was taken. In essence, it serves as a running record of recent activity rather than a complete data store.

TLG files can be useful in very specific scenarios. When a recent, valid backup exists, the TLG file may allow businesses to recover transactions that occurred after that backup. This helps minimize data loss and reduces the need to re-enter recent activity manually.

They are particularly helpful in situations where the main file is lost or replaced with an older backup, as long as the TLG file remains intact and synchronized with that backup. In these cases, they can act as a bridge between the last saved point and the most recent data.

Despite their usefulness, TLG files are often misunderstood. They are not standalone recovery tools and cannot rebuild a damaged QuickBooks file on their own.

If the main company file is severely corrupted, the TLG file cannot repair or reconstruct it. It also cannot recreate missing structural data, fix internal database damage, or restore files without a valid backup. Additionally, if the TLG file itself is damaged, out of sync, or deleted, it cannot be relied upon at all.

Another key limitation is that TLG files only capture changes after the last backup. They do not contain full historical data, meaning they cannot replace or substitute for a complete company file.

TLG files are most effective when used exactly as intended—alongside proper backup practices. They provide value in controlled scenarios where backups are recent, files are healthy, and the issue involves recovering recent transactions rather than repairing deep corruption.

For professionals managing QuickBooks environments, understanding when to rely on TLG files versus when to escalate to specialized recovery is critical. Minor data gaps may be resolved using TLG-supported recovery, but more complex issues require deeper intervention.

Misinterpreting the role of TLG files can lead to lost time and missed recovery opportunities. Treating them as a full recovery solution often delays the use of more effective methods when dealing with serious file damage.

By understanding both what TLG files can do and where they fall short, businesses and accounting professionals can make faster, more informed decisions. This clarity helps ensure that the right approach is taken early—whether that means restoring from backup, leveraging the TLG file, or engaging expert recovery services.

Ultimately, TLG files are a helpful tool, but not a complete solution. Knowing their limits is just as important as knowing their value.

 

About QuickBooks.ninja

QuickBooks.Ninja is powered by the team at E‑Tech Corporation, a company dedicated exclusively to QuickBooks data services since 1999. Over the past 25+ years, the team has repaired, converted, and migrated tens of thousands of QuickBooks files for organizations of all sizes—from sole proprietors to large enterprises with complex, multi-entity structures.

What began as a specialized QuickBooks file repair service has evolved into a comprehensive offering spanning 36 distinct services. Today, the scope includes everything from urgent data recovery to advanced platform migrations, file optimization, and cross-region conversions. Clients range from accounting firms and bookkeepers to IT consultants and businesses across the United States, Canada, the United Kingdom, and Australia.

With experience across every QuickBooks version ever released—from early DOS-based editions to modern Desktop and Enterprise platforms—the team brings unmatched depth of knowledge. This extensive background means they have encountered virtually every type of file issue, error code, and conversion challenge. In most cases, if you’re facing a problem, it’s one they’ve successfully resolved before.

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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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Press Release

Stay Fast and Reliable: Best Practices for QuickBooks File Maintenance

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Brandon, MB, Jul 24, 2026, ZEX PR WIRE — QuickBooks works best when it’s consistently maintained. Without ongoing care, company files can become slow, unstable, or prone to errors. Building simple, regular habits into your workflow can help keep your file efficient, accurate, and reliable over the long term.

A well-organized file is easier to manage and less likely to develop performance issues. Regularly reviewing your company file helps prevent unnecessary data buildup. Cleaning up inactive list entries, organizing accounts, and avoiding duplicate records reduces clutter and improves system efficiency.

It’s also important to keep an eye on file size. As files grow, performance can decline. Monitoring growth allows you to act early, before slowdowns or stability issues begin to affect daily operations.

Backups are essential for protecting your financial data. Creating routine backups ensures that you always have a safe copy of your file in case of corruption, system failure, or accidental data loss. Verifying backups regularly confirms they are usable when needed.

Maintaining multiple backup copies, including off-site or cloud storage, adds an extra layer of protection. This approach reduces risk and ensures business continuity even in unexpected situations.

QuickBooks performance depends heavily on the environment it runs in. Using up-to-date hardware, maintaining stable network connections, and installing regular software updates all contribute to smoother operation.

In multi-user setups, proper configuration is especially important. Network interruptions, poor hosting settings, or outdated systems can gradually affect file stability. Addressing these issues early helps maintain long-term file health.

Periodic file verification helps identify small issues before they become serious problems. Addressing warnings early reduces the risk of corruption and keeps your data accurate.

If you notice consistent slowdowns, errors, or unusual behavior, it may be time to take corrective action or seek expert support before the issue escalates.

Keeping your QuickBooks file healthy is an ongoing process, not a one-time task. With consistent file management, reliable backups, and a strong system environment, businesses can avoid common issues and maintain smooth, efficient operations.

The result is a stable and dependable QuickBooks system that supports your business—not one that slows it down.

 

About QuickBooksUsers.com

QuickBooksUsers.com is backed by the team at E-Tech Corporation, a company that has specialized exclusively in QuickBooks data services since 1999. Over more than two and a half decades, we’ve repaired, converted, and migrated tens of thousands of QuickBooks files for businesses of every size — from sole proprietors to enterprises with complex multi-entity setups.

What started as a focused QuickBooks file repair service has grown into a comprehensive operation covering 36 distinct services. We handle everything from emergency data recovery to complex platform migrations, file optimization, and regional conversions. Our clients include accounting firms, bookkeepers, IT consultants, and businesses across the United States, Canada, the United Kingdom, and Australia.

We’ve worked with every version of QuickBooks ever released — from the earliest DOS editions through the latest Desktop and Enterprise versions. That depth of experience means we’ve seen virtually every type of file issue, error code, and conversion challenge that exists. When you bring us a problem, chances are we’ve solved it before.

About Author

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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