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

Published

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

Guggenheim Expands SEA Operations with Strategic Focus on Indonesia Led by Prof. Wong Woon Thiam

Published

16 hours ago

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September 11, 2026

By

Guggenheim announces its strategic expansion into Southeast Asia with a core focus on Indonesia, guided by Prof. Wong Woon Thiam. The initiative aims to enhance localized investment research, operational client support, and institutional technology frameworks across regional markets.

Indonesia, 11th Sep 2026 – Guggenheim has formally announced the strategic expansion of its operational footprint into Southeast Asia, establishing a dedicated presence in Indonesia. The initiative, overseen by financial scholar and industry specialist Prof. Wong Woon Thiam, marks a structured effort to enhance institutional investment research, localized operational management, and technological infrastructure across regional markets. 

By establishing a localized foundation in Jakarta, the firm seeks to align global asset management methodologies with the distinct economic dynamics of Emerging Asia.

Strategic Positioning in Southeast Asia

Southeast Asia has emerged as a significant focal point for institutional capital due to persistent demographic growth, digital transformation, and expanding capital markets. Within this framework, Indonesia represents a pivotal economic hub, accounting for a substantial portion of the region’s gross domestic product. Guggenheim’s expanded presence in Jakarta serves as a strategic gateway to monitor macroeconomic trends, assess local asset classes, and deliver dedicated institutional services.

The initiative reflects a long-term commitment to deepening operational capabilities across primary growth markets. Rather than relying solely on cross-border management models, the organization is deploying a localized operational structure designed to evaluate domestic market structures, regulatory evolution, and sector-specific opportunities with direct on-the-ground precision.

Leadership and Governance

Under the direction of Prof. Wong Woon Thiam, the regional initiative focuses on building robust governance structures, market intelligence frameworks, and institutional relations. Prof. Wong brings extensive expertise in financial economics, asset allocation strategies, and quantitative market analysis. His oversight is expected to guide the regional team in conducting rigorous academic and practical research into local market mechanisms.

“Establishing a direct operational footprint in Indonesia allows for a more nuanced understanding of regional market mechanics,” stated Prof. Wong Woon Thiam during a financial forum addressing regional capital growth. “Our focus centers on integrating disciplined analytical methodologies with localized insights, ensuring that asset management protocols remain resilient, compliant, and responsive to regional macroeconomic shifts.”

Localized Operational Framework

The Jakarta-based operations are designed to support a multi-faceted service model, encompassing quantitative research, risk management, and client interface functions. 

By establishing direct operational capabilities in Indonesia, Guggenheim aims to streamline communication channels with regional institutions, family offices, and accredited market participants.

Key operational objectives for the initial rollout include:

  • Developing comprehensive macroeconomic and equity research focused on Indonesian and ASEAN markets.
  • Establishing compliant data analytics protocols to support regional risk assessment models.
  • Building localized operational infrastructure to support seamless client onboarding and institutional inquiry resolution.
  • Collaborating with local academic and industry experts to foster financial knowledge transfer and technical capacity.

Integration of Advanced Analytics

A central pillar of the expanded operations involves the application of modern data architecture and analytical tools. The localized team will utilize structured research models to evaluate market liquidity, sector volatility, and macroeconomic indicators. This technical framework is intended to assist investment professionals in identifying emerging risk factors while optimizing asset allocation strategies in dynamic market environments.

The deployment of advanced research infrastructure aligns with broader industry shifts toward data-driven decision-making. By combining localized datasets with global risk management standards, the firm aims to maintain high standards of analytical rigor across its regional mandates.

As Southeast Asian markets continue to mature, the presence of global institutional frameworks is anticipated to support market efficiency, liquidity, and professional standards. The company’s structured expansion into Jakarta represents an initial step in a multi-phase strategy aimed at fostering sustainable operational growth across key Asian growth corridors.

About Guggenheim

Guggenheim is a global financial services firm engaged in asset management, investment banking, and capital market services. The firm provides institutional investors, corporations, and high-net-worth clients with disciplined investment strategies, comprehensive market research, and tailored financial solutions. Guided by principles of analytical rigor, risk management, and client-centric service, Guggenheim operates across major global financial centers to deliver long-term value and institutional stability. 

Media Contact

Organization: Guggenheim

Contact Person: Henry Johnny

Website: https://www.guggenheimpartners.com/

Email: Send Email

Country: Indonesia

Release id: 48952

The post Guggenheim Expands SEA Operations with Strategic Focus on Indonesia Led by Prof. Wong Woon Thiam 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

Texas Native Acquitted by Bexar County Jury is Now Demanding Accountability

Published

17 hours ago

on

September 11, 2026

By

Kerry Ray Lampkin Jr. directed his defense to a Not Guilty theft verdict and says his ongoing federal dispute is open to a negotiated resolution.

Austin, Texas – Kerry Ray Lampkin Jr., a 37-year-old Indigenous American and native son of this land, was acquitted by a Bexar County jury after being charged with theft of property valued from $30,000 to less than $150,000. The certified judgment in State of Texas v. Kerry Lampkin, case 2024CR009936, records the jury’s Not Guilty verdict and orders his immediate discharge. The acquittal was entered June 18, 2025, in the 187th District Court.

Lampkin says the victory came after he ended his relationship with prior counsel and took direct command of his defense strategy. His account is one of pressure, preparation, faith, and refusal to fold when the machinery around him appeared overwhelming. The official judgment records that he appeared with counsel at trial, while Lampkin maintains his account of self-representation.

The acquittal closed the prosecution, but Lampkin says it did not close the damage. He reports lasting financial loss, disruption, reputational harm, emotional strain, and continuing consequences arising from the events surrounding the case. He says he is now pursuing a federal action seeking $12 million in damages. The federal claims remain allegations unless and until resolved through judgment or agreement.

LAMPKIN STATEMENT: “They had the accusation, the resources, and the weight of the system. I had the truth, my faith, and the courage to stand. A jury heard the evidence and said Not Guilty. Now the fight is about repairing what was broken and making sure accountability reaches every door it must reach.”

Today, Lampkin is turning lived experience into instruction and purpose. Through Prosperity Trust and Funding and his Skool community, Possessing the Land with Kerry Lampkin, he teaches, speaks, writes, produces media, and leads conversations centered on faith, financial understanding, self-education, accountability, and disciplined action. His message reaches beyond one courtroom: knowledge must become courage, and courage must become constructive work that strengthens families and communities.

HIS TEACHING CREED: Knowledge is protection. Truth is power. When you know your rights, fear leaves the room.

A MESSAGE FROM KERRY: “Life will throw things at you, and sometimes you have to face them head-on. What was meant to break you does not have to break you. It can become the vehicle that carries you toward your destination, your purpose, and what God created you to do. Never look at trials and tribulations as the end. Receive the lesson, rise with greater wisdom, and keep moving forward. I approve this message.” Says Kerry Ray Lampkin Jr.

Although prepared to continue the federal fight, Lampkin says he remains open to serious, good-faith discussions aimed at resolving the dispute outside court. His position is direct: peace is possible, but any resolution must recognize the scope of the claimed harm and bring meaningful closure.

The story carries a wider message for communities across Texas and the nation: an accusation is not a conviction, pressure is not proof, and one determined voice can still be heard by twelve jurors.

STATE CASE DETAILS

  • Case: 2024CR009936
  • Court: 187th District Court, Bexar County, Texas
  • Verdict: Not Guilty by jury
  • Acquittal Entered: June 18, 2025

About Kerry Ray Lampkin Jr. 

Kerry Ray Lampkin Jr. is a Texas-based educator, motivational speaker, father, mentor, author, film producer, entrepreneur, minister, and community advocate committed to helping everyday families stand with confidence in courtrooms, contracts, and life. Through Prosperity Trust and Funding and the Skool community Possessing the Land with Kerry Lampkin, he teaches people how to read documents, organize records, understand process, protect their rights, and speak clearly without fear or confusion. His public story follows a Bexar County jury acquittal, an ongoing effort to obtain redress for the harm he says followed the underlying events, and a mission to turn panic into power, pressure into preparation, and adversity into purpose.

Social Media and Important Links

For any inquiry contact KerryRayLampkinJr@gmail.com  or call (866) 299-5164 

Media Contact  

Company name: Prosperity Trust and Funding 
Contact name: Kerry Ray Lampkin Jr. 
Email: KerryRayLampkinJr@gmail.com 
Phone: (866) 299-5164
Website: https://www.instagram.com/KerryLampkin

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Press Release

InviteCount Launches All-in-One Wedding Platform for Websites, Invitations, RSVPs and Planning

Published

18 hours ago

on

September 11, 2026

By

United States, 11th Sep 2026 — Invite Count LLC has announced the launch of InviteCount, an all-in-one wedding platform that brings wedding websites, digital invitations, RSVP management, guest management and wedding planning tools together in one place. Designed to simplify the planning process, InviteCount gives couples the tools to create a beautiful wedding website, manage their guests and organize important details of their celebration from a single platform.

Available worldwide at invitecount.com, InviteCount is built around a single guest list that powers the platform’s website, digital and printable invitations, RSVPs, seating chart, budget, planning checklist, vendor management and day-of schedule. The platform is sold through a one-time payment per wedding, with nothing renewing after the wedding.

A key part of InviteCount’s approach is keeping the guest experience simple. Guests do not need to create an account, download an app or interact with advertising or vendor marketing. They can respond to an invitation through a single link or QR code, while couples maintain control of their guest information and wedding planning.

One Guest List Across the Wedding

InviteCount connects its planning tools through one underlying guest list rather than requiring couples to move information between separate applications. When a guest changes information such as a meal choice, the update can flow through the relevant planning tools, including seating and catering numbers.

The platform includes RSVP collection with attendance, meal choices, dietary notes, plus-ones, custom questions and guest messages. Live RSVP analytics provide attendance and meal totals, while guest information can be exported for use by caterers and other wedding professionals.

InviteCount also includes a guest list manager, seating planner, table capacities, printable seating charts, guest messaging, registry links and honeymoon-fund functionality.

Three Studios for the Wedding Experience

InviteCount’s Website Studio provides a browser-based editor with 250+ wedding website designs, 10+ page layouts, 300+ color palettes. Couples can preview their websites on desktop and mobile, customize individual template elements and manage cover-photo positioning.

The Card Studio provides a five-card printed suite consisting of Cover, Invitation, Details, Wedding Party and RSVP cards. The cards can be customized with event details, wording, decorative elements and RSVP QR codes, then exported as print-ready PDFs for home printing or an independent print shop.

The Interactive Card Studio adds cinematic digital experiences for save-the-date, thank-you and welcome cards. Couples can choose from animated entrances, colorways, paper treatments, wax-seal monograms, ribbons and other visual elements. Cards can be shared through links, messages, email or QR codes and can connect guests to the wedding website.

Guest Invitations in 16 Languages

InviteCount supports multilingual guest invitations, allowing couples to provide a more accessible experience for guests from different countries and language backgrounds.

Guest-facing invitations are currently available in 16 languages and language variants:

  • English
  • Danish
  • German
  • Spanish
  • French
  • Italian
  • Dutch
  • Norwegian
  • Swedish
  • Turkish
  • Bulgarian
  • Russian
  • Armenian
  • Traditional Chinese
  • Simplified Chinese
  • Arabic

Arabic invitations are supported with right-to-left layouts. The multilingual experience can be used across the guest-facing invitation and RSVP experience, helping couples communicate important wedding information in their guests’ preferred language.

Try Before Signing Up

InviteCount also offers Sneak Peek, allowing visitors to preview their own engagement photo, names and wedding details across the platform’s designs without creating an account or uploading the photo. The preview operates in the browser, with the images remaining on the visitor’s device.

The experience includes desktop and phone previews, theme search, color filtering, layout selection and an interactive card-entrance playground.

One-Time Pricing

InviteCount offers a free plan for weddings with up to 30 guests, while paid plans are structured as a single payment per wedding:

  • Free: $0 for up to 30 guests
  • Premium: $49 for up to 100 guests
  • Signature: $79 for unlimited guests

Every wedding after the first is available at half price, at $25 for Premium and $40 for Signature. Paid plans add features including custom domains, premium page layouts and additional interactive card options.

Tools for the Wedding Day

InviteCount extends beyond planning with a day-of operations hub, guest photo collection and collaboration features. Couples can create a guest photo QR code for use at the celebration, allowing guests to upload photos without an account or app. Hosts can moderate submissions or display them automatically through a live photo wall.

The platform also provides ceremony, reception and evening-party management, vendor organization, budget tracking, wedding-day schedules, address collection and guest communications.

InviteCount is operated by Invite Count LLC, registered in Wyoming, USA. The company received its federal EIN in June 2026 and is currently accepting real payments through Stripe Checkout worldwide.

About InviteCount

InviteCount is an all-in-one wedding platform that gives couples one place to build a wedding website, create digital and printable invitations, collect RSVPs and manage their guest list, seating chart, budget, checklist and vendors. Guests can respond through a single link without an account, app or advertising. InviteCount is available worldwide at invitecount.com and offers free access for weddings with up to 30 guests, with paid plans sold as a one-time payment per wedding.

Media Contact

Organization: InviteCount

Contact Person: RoseMarie Cruz

Website: http://invitecount.com/

Email: Send Email

Country: United States

Release id: 48996

The post InviteCount Launches All-in-One Wedding Platform for Websites, Invitations, RSVPs and Planning 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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