Connect with us

Press Release

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

Published

5 years ago

on

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

About Author

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.

See author's posts

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.

Related Topics:
Continue Reading

Press Release

Alpha Scorpion Officially Launches Its DApp, Bringing Self-Directed Trading, AI Market Intelligence, and Custody Services into One Platform

Published

36 minutes ago

on

November 9, 2026

By

The November 7, 2026 launch marks a major milestone in Alpha Scorpion’s strategic roadmap, introducing an integrated digital trading experience powered by Scorpius AI.

United States, 9th Nov 2026 — Alpha Scorpion, a financial technology company, announced the official launch of its first decentralized application (DApp) product on November 7, 2026.

The launch introduces three core capabilities within a unified digital environment: self-directed trading, AI-powered market intelligence, and digital asset custody services.

The milestone marks Alpha Scorpion’s transition from strategic development to product deployment, establishing the foundation for its broader AI-powered financial technology ecosystem.

One Platform. Multiple Financial Capabilities.

Alpha Scorpion’s newly launched DApp is designed to simplify how users access financial markets, evaluate trading opportunities, and manage their digital assets.

Rather than requiring users to navigate separate systems for trading, market analysis, and custody-related services, the platform brings these functions together through a connected interface.

The initial product offering centers on three complementary capabilities.

Self-Directed Trading: Greater Control Over Trading Decisions

The self-directed trading platform enables users to explore financial markets, analyze potential opportunities, and make their own trading decisions.

Alpha Scorpion’s broader market framework covers six asset categories: cryptocurrencies, precious metals, energy commodities, equities, global indices, and foreign exchange.

By combining market information with integrated trading functionality, the platform aims to provide users with a more streamlined and accessible trading experience.

A central principle of self-directed trading is user control. Trading decisions remain with the user, supported by available analytical tools and risk-management features.

Scorpius AI: Turning Market Data into Actionable Intelligence

At the heart of Alpha Scorpion’s technology strategy is Scorpius AI, an intelligent analytical framework developed to support market research and trading decisions.

Through AI-assisted analysis, the platform is designed to help users interpret market conditions, identify potential trends, and evaluate trading opportunities across different asset classes.

Scorpius AI combines data-driven research with systematic analytical methods to make complex market information easier to understand and assess.

The objective is not to replace human judgment but to strengthen it by providing users with structured market intelligence.

Human Expertise × Artificial Intelligence

This philosophy reflects Alpha Scorpion’s broader commitment to combining professional trading research with intelligent technology.

Custody Services: An Additional Approach to Digital Asset Management

Alongside self-directed trading, Alpha Scorpion has introduced custody services within its DApp ecosystem.

The service provides an additional option for users who wish to access custody-related asset management functionality rather than relying exclusively on self-directed trading.

By incorporating both approaches, the platform aims to accommodate different user preferences and levels of trading involvement.

The integration also establishes a foundation for more connected asset management experiences as Alpha Scorpion continues developing its ecosystem.

Custody arrangements, asset permissions, applicable terms, and associated risks remain important considerations for users evaluating the service.

A Significant Step in Alpha Scorpion’s Development Roadmap

The November 7 launch represents the first major product milestone in Alpha Scorpion’s 2026–2027 strategic development roadmap.

The company’s long-term vision extends beyond trading technology.

Future development initiatives include further enhancements to Scorpius AI, advanced strategy tools, AS Card digital payment capabilities, the ASB ecosystem token, and AS Wallet.

These planned products are intended to progressively connect trading, digital payments, ecosystem participation, and digital asset management.

The company’s broader development philosophy is built around four connected experiences:

TRADE – SPEND – EARN – KEEP

With its first DApp product now launched, Alpha Scorpion has taken an important step toward translating that vision into an accessible financial technology platform.

From Product Development to Real-World Application

For Alpha Scorpion, the significance of this launch extends beyond introducing new software.

It represents the beginning of a product-focused development phase in which technology, user experience, and practical financial applications become central to the company’s growth strategy.

By combining self-directed trading, AI-assisted analysis, and custody services, Alpha Scorpion aims to create a technology foundation capable of supporting additional financial services as its ecosystem expands.

Future development will focus on improving platform functionality, strengthening analytical capabilities, enhancing risk-management tools, and connecting complementary financial products.

The launch also provides an opportunity to evaluate user needs and platform performance as the company continues refining its technology.

Building the Future of Intelligent Digital Finance

The financial technology industry continues to evolve as artificial intelligence, digital assets, and connected financial services create new opportunities for product innovation.

Alpha Scorpion’s strategy is to bring these capabilities together through an integrated ecosystem centered on intelligent market analysis and practical financial applications.

With the official introduction of its DApp on November 7, 2026, the company has reached an important milestone in that journey.

From intelligent market analysis to self-directed trading and custody services, Alpha Scorpion is taking its first major step toward a more connected digital finance experience.

ALPHA SCORPION

Intelligence Drives Opportunity.

Official Website: www.alphascorpion.com

Strategic Roadmap: www.alphascorpion.com/roadmap/

Media Contact: enquiry@alphascorpion.com

 

Media Contact

Organization: Alpha Scorpion

Contact Person: Alpha Scorpion

Website: https://www.alphascorpion.com/en/

Email: Send Email

Country: United States

Release id: 50559

View source version on King Newswire:
Alpha Scorpion Officially Launches Its DApp, Bringing Self-Directed Trading, AI Market Intelligence, and Custody Services into One Platform

file

About Author

Cloud PR Wire

See author's posts

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.

Continue Reading

Press Release

Chinese and foreign cultural & media figures visited China Auto Valley

Published

2 days ago

on

November 7, 2026

By

Wuhan, China / Timesnewswire / November 7, 2026 – From September 9 to 11, 2026, the event “Smart Manufacturing Stories, Global Voices — China Auto Valley Tour for Chinese and Foreign Cultural & Media Figures” was held in the Wuhan Economic & Technological Development Zone, Hubei Province. The event was co-organized by the CICG Academy of Translation and Interpretation and the Publicity Department of the Working Committee of the Wuhan Economic & Technological Development Zone.

Translators, writers, and media journalists from China, the United Kingdom, Egypt, Pakistan, Morocco, Russia gathered in Wuhan. They visited the Dongfeng Motor Global Innovation Center, M-Hero vehicles, the Geely Lotus Global Smart Factory, and the China Auto Valley Exhibition Center, learning about autonomous driving technology, experiencing the smart manufacturing capabilities of China Auto Valley up close, and gaining a firsthand understanding of the automotive industry’s iterative upgrading, the clustering of science and technology industries, and urban renewal and transformation.

The visitors unanimously agreed that the Wuhan Economic & Technological Development Zone has made a major transition from traditional automobile manufacturing to smart and green manufacturing. Its comprehensive industrial-chain support and strong momentum for innovation vividly demonstrate the great strength of China’s smart manufacturing. Its model of coordinated industrial and urban development provides a practical reference for industrial cities worldwide.

https://youtu.be/3dYsgpLddwo?si=2e83Y2WZ1Hbz0CSJ

About Author

Cloud PR Wire

See author's posts

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.

Continue Reading

Press Release

Stellar Furniture Showcases Innovations at ORGATEC 2026, Strengthening Its Global Industry Presence

Published

2 days ago

on

November 7, 2026

By

Stellar Global presented its latest office furniture range at ORGATEC Cologne 2026, held from 27th to 30th October at Koelnmesse Exhibition Centre, Germany. The showcase brought its contemporary office chair and desk designs to an international industry platform, while creating opportunities to connect with buyers, discuss commercial project requirements and explore potential business collaborations.

Foshan, Guangdong, China, 7th Nov 2026 – Stellar Global participated in ORGATEC Cologne 2026, one of the leading international exhibitions for modern office and workspace environments. At Hall 8, Stand A48, the company presented its latest furniture designs, reflecting its focus on creating products suited to the practical demands of contemporary workplaces.

Stellar Furniture Showcases Innovations at ORGATEC 2026, Strengthening Its Global Industry Presence

The display featured a selection of office chairs and desks developed around key considerations such as user comfort, ergonomics and structural functionality. With workplace needs continuing to evolve, furniture must serve more than a visual purpose; it must also support everyday use, offer practical value and work effectively within different office settings. These considerations informed the range presented by Stellar Global at the exhibition.

The event also offered an opportunity to take these product conversations beyond the exhibition floor. Stellar Global’s team met with international buyers, business partners and industry professionals, discussing commercial office projects, customised requirements and possible applications across different workplace settings. Dedicated booth walkthroughs allowed visitors to explore the displayed range and discuss their specific project needs directly with the team.

For Stellar Global, participation at ORGATEC was also an opportunity to gain a closer understanding of changing industry expectations and engage with professionals shaping the future of office environments. Such interactions are valuable in informing product development, identifying emerging requirements and building business relationships across markets.

Speaking about the experience, Mr. Arihant Nahar, CEO, Stellar Global, said, “It was encouraging to meet people from across the industry and have meaningful conversations about what today’s workplaces need. ORGATEC gave us the opportunity to present our latest designs, hear different perspectives and discuss how our products can serve a range of commercial projects. We look forward to building on these conversations beyond the exhibition.”

Stellar Global’s participation at ORGATEC Cologne 2026 reflects its continued engagement with the international office furniture market. The company remains focused on developing its product portfolio, understanding the needs of evolving workplaces and building relationships with industry stakeholders across markets.

Media Contact

Organization: Stellar Furniture

Contact Person: Avil Porwal

Website: https://www.stellarglobal.com/

Email: Send Email

Contact Number: +919109316533

Address: Henan Road, South District of Longcong Industrial Zones,

Address 2: Beijiao Town, Shunde,

City: Foshan

State: Guangdong

Country: China

Release id: 50555

View source version on King Newswire:
Stellar Furniture Showcases Innovations at ORGATEC 2026, Strengthening Its Global Industry Presence

file

About Author

Cloud PR Wire

See author's posts

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.

Continue Reading

LATEST POST

Like Us
Follow Us
Subscribe Us
Follow Us