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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

MEXC Launches 0-Fee Stock Futures Campaign With $5,000,000 SNDK Prize Pool

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46 minutes ago

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July 20, 2026

By

Mutsamudu, Comoros, July 20th, 2026, Chainwire

MEXC, a pioneer in 0-fee digital asset trading, announced the launch of a new Stock Futures campaign, offering users the opportunity to share $5,000,000 in SNDK Position Airdrops. The campaign is designed to empower users to seize opportunities in the US stock market by reducing trading costs and offering meaningful rewards.

Under the campaign, users can trade eligible products for 0 fees. New users can complete a series of simple tasks to earn rewards featuring popular stocks. Participants who trade Stock Futures during the campaign period will share the $5,000,000 in SNDK Position Airdrops.

This campaign reflects MEXC’s continued efforts to support users through its two core pillars, “0 Fees” and “Infinite Opportunities”. In addition, MEXC’s Stock Futures product offers round-the-clock volatility management and hedging capabilities, enabling 7×24 trading, alongside dynamic leverage of up to 200x and a broad range of popular assets from markets worldwide. Beyond Stock Futures, MEXC also offers RealStocks through its partnership with a regulated securities broker. Users can buy real US stock assets using USDT, with full shareholding rights, dividends, and stock benefits. MEXC will continue to enhance its products and reward offerings, exploring new ways to create value for users worldwide.

For full details and participation, visit the MEXC Stock Futures campaign page.

About MEXC

MEXC is the world’s fastest-growing cryptocurrency exchange, trusted by more than 40 million users across 170+ markets. Built on a user-first philosophy, MEXC offers industry-leading 0-fee trading and access to over 3,000 digital assets. As the Gateway to Infinite Opportunities, MEXC provides a single platform where users can easily trade cryptocurrencies alongside tokenized assets, including stocks, ETFs, commodities, and precious metals.

MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC

For media inquiries, please contact MEXC PR team: media@mexc.com

Risk Disclaimer:

This content does not constitute investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully assess market fluctuations, project fundamentals, and potential financial risks before making any trading decisions.

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MEXC PR team
media@mexc.com

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Press Release

Cosmo Tech expands into Middle East with Dubai branch serving MENA and South Asia

Published

2 hours ago

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July 20, 2026

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Dubai, United Arab Emirates, 20th Jul 2026 – Cosmo Tech, an international supplier of professional aesthetic and medical laser equipment, proudly announces the opening of its own branch in Dubai. The new division, located in one of the emirate’s key business zones, will serve as the headquarters for operations with clients and distributors across the Middle East, North Africa, and South Asia. The official website of the representative office is cosmo-tech.ae.

The decision to launch the Dubai office is driven by the rapidly growing demand for high-tech cosmetology and medical laser devices in the region. Cosmo Tech’s Dubai branch will provide a full service cycle: live demonstrations of equipment in its own showroom, professional training for doctors and cosmetologists, installation and commissioning, warranty and post-warranty maintenance, as well as prompt supply of consumables and spare parts.

A key competitive advantage of the company is its status as an official representative of leading manufacturers of aesthetic equipment. Cosmo Tech holds direct contracts with globally recognized factories, including MBT Laser, Liton Laser, ADSS, Honkon, UNT Tech, Sanhe Beauty, and New Angie. This enables the company to offer clients certified equipment with factory quality assurance and documentation adapted to regional requirements.
 

The Dubai branch’s product range covers all key areas of modern aesthetic medicine. Cosmetology clinics and medical centers can fully equip their treatment rooms with the following:

– devices for laser hair removal using diode, alexandrite, and Nd:YAG lasers;
– IPL / BBL photorejuvenation systems for correcting pigmentation, couperose, and improving skin quality;
– picosecond lasers for tattoo removal, pigmented lesion treatment, and carbon peeling;
– vascular removal lasers and 980 nm lasers for endovenous coagulation;
– equipment for RF lifting and microneedle RF lifting, stimulating skin tightening and collagen synthesis;
– SMAS lifting – high-intensity focused ultrasound for non-surgical face contouring;
– cavitation devices for non-invasive fat cell disruption;
– cryolipolysis machines for controlled cold exposure to adipose tissue;
– professional massage technologies: LPG massage and Endosphere devices for body contouring and lymphatic drainage;
– devices for mesotherapy (needle and needle-free), EMS therapy for muscle strengthening, and pressotherapy for improved microcirculation.

In addition, the Dubai branch maintains a comprehensive stock of all necessary consumables and components: handpieces, tips, optical elements, filters, service kits, and much more. This allows clinics to minimize equipment downtime and ensure uninterrupted operation of their treatment rooms.

“Opening a branch in Dubai is a crucial step in Cosmo Tech’s development. The Gulf region shows tremendous interest in advanced cosmetology solutions, and now we can offer not just equipment supply, but a full partnership: from staff training to technical support anywhere in the Middle East. Our showroom in Dubai is already welcoming its first visitors, and we invite clinic owners and distributors to personally evaluate the capabilities of our equipment,” commented a Cosmo Tech representative.

Cosmo Tech’s Dubai branch is open for cooperation with distributors throughout the Middle East, as well as directly with medical centers and cosmetology clinics. The company offers flexible partnership terms, training, and marketing support. You can browse the equipment catalog, schedule a demonstration, or submit a service request on the official website cosmo-tech.ae.

Contact:
Cosmo Tech Middle East
Dubai, United Arab Emirates
cosmo-tech.ae
+971547678060
info@cosmo-tech.ae

Media Contact

Organization: Cosmo Tech Middle East

Contact Person: Marketing

Website: https://cosmo-tech.ae/

Email: Send Email

Contact Number: +971547678060

City: Dubai

Country:United Arab Emirates

Release id:47287

The post Cosmo Tech expands into Middle East with Dubai branch serving MENA and South Asia 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

Kinetic Pricing Launches Self-Serve Pricing Research Platform for B2B SaaS Companies

Published

2 hours ago

on

July 20, 2026

By

Kinetic Pricing has launched a self-serve platform offering four established pricing research methods that companies can run directly on their own users. The platform is designed to replace lengthy consulting engagements with a structured process that can be completed in minutes.

United States, 20th Jul 2026 – Kinetic Pricing has announced the launch of its self-serve pricing research platform, built specifically for B2B SaaS founders seeking to base pricing decisions on data gathered directly from their own customers.

The platform offers four research methods: identifying an acceptable price range, testing specific price points, ranking features by perceived value, and evaluating bundle pricing. Each method is structured as a self-serve study, allowing founders to run research directly on their own customer base rather than relying on an external research team.

The platform is intended to formalize a process that has traditionally been handled through custom consulting engagements. According to the company, studies that would typically involve a multi-week engagement and cost significantly more can instead be set up and run through a self-serve process, with studies available starting from $149. Founders can also access a free pricing page teardown as an initial, no-cost point of reference before committing to a full study.

Each research method follows an established survey-based approach, structured to produce data that can inform pricing decisions without requiring specialist research expertise from the founder running the study. Results are intended to give companies a documented basis for pricing decisions, drawn from direct customer responses rather than external benchmarks or estimates.

The platform is available to B2B SaaS companies of any size seeking to base pricing decisions on structured, first-party research. Further detail on the methodology behind each research method is available on the Kinetic Pricing website.

About Kinetic Pricing

Kinetic Pricing helps B2B SaaS founders improve pricing with free page teardowns and rigorous willingness-to-pay studies built on real customer data. Its mission is to help founders price on evidence, not instinct, using research methods that were previously only accessible through expensive consulting engagements.

Kinetic Pricing
1200 Abernathy Road NE, Suite 1700
Atlanta, Georgia 30328
United States
+1 470-286-9415

Media Contact

Organization: Kinetic Pricing

Contact Person: Greg Curtin

Website: https://kineticpricing.com/

Email: Send Email

Country:United States

Release id:47298

The post Kinetic Pricing Launches Self-Serve Pricing Research Platform for B2B SaaS Companies 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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