Press Release
Behind High Energy Consumption of Blockchain: PoS Consensus Mechanism To Be A Solution
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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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.
Press Release
Time House Club Redefines Dubai Watch Collecting with Online Catalog of Prestige Timepieces
United Arab Emirates, 16th May 2026 – Time House Club, a premier destination for horology enthusiasts, announces the expansion of its curated online collection, catering directly to buyers seeking the finest timepieces in the Middle East. For discerning clients looking to Buy Luxury Watches in UAE, the platform offers a seamless, secure, and fully transparent online shopping experience. Showcasing an unparalleled selection of highly sought-after products, from rare limited editions to daily luxury wear, the company is bridging the gap between exclusive global sourcing and local accessibility.

As Dubai continues to solidify its status as a premier global hub for high-end fashion and horological investments, Time House Club connects collectors with the Best Watch Brands In UAE. The company’s newly updated inventory highlights an elite portfolio of brands, including Richard Mille, Audemars Piguet, Rolex, Hublot, and A. Lange & Söhne. The platform places a heavy emphasis on product integrity, guaranteeing that every timepiece undergoes a rigorous 360-degree quality inspection by Swiss-trained watchmakers. Notable highlights currently available in their catalog include incredibly rare pieces, such as the Richard Mille RM52-06 Red Mask Tourbillon, limited to just 18 pieces worldwide, and highly coveted editions of the Audemars Piguet Royal Oak Offshore.
A major focal point of Time House Club’s online boutique is its extraordinary selection of Pre Owned Patek Philippe Watches. Representing the absolute pinnacle of Swiss horology and family-owned independence, the collection features iconic models such as the elegant Calatrava, the globally demanded Nautilus, and the sporty Aquanaut. Whether a collector is searching for a pristine platinum World Timer with a rare cloisonné enamel dial or a meticulously crafted Grand Complication, the platform ensures each watch is expertly verified for mechanical precision and original condition. By offering certified, investment-grade Patek Philippe models, Time House Club grants clients access to legacy craftsmanship that is designed to be passed down to the next generation.
Adding to its breathtaking assortment, the platform also caters to connoisseurs with a taste for avant-garde and high-complication masterpieces. Shoppers can explore a magnificent range of Pre Owned Jacob & Co Watches, a brand known globally for its extravagant, boundary-pushing designs, multi-axis tourbillons, and breathtaking integration of precious gemstones. Time House Club brings these highly complex, visual masterpieces to the fingertips of UAE buyers, offering physical verification and seamless online transactions for some of the most striking watches available on the luxury secondary market.
Time House Club operates with a dedicated team of professionals who deeply understand the heritage, historical significance, and market trends behind every product they curate. With a physical presence in Dubai, Hong Kong, and the United States, their global network provides UAE clients exclusive access to timepieces that are notoriously difficult to source. From routine maintenance to securing the next centerpiece of a collection, the platform stands as a trustworthy and reliable partner for modern watch collectors.
About Time House Club:
Time House Club is the world’s leading luxury watches house, specializing in both brand-new and certified collector-quality pre-owned timepieces. Based in Dubai, UAE, the platform provides collectors with guaranteed authenticity, competitive pricing, and a global network for sourcing the most prestigious watch brands in the world.
Address: Boulevard Plaza Tower 2, Downtown Dubai, UAE.
Media Contact
Organization: Time House Club
Contact Person: Ryan
Website: https://timehouseclub.com/
Email: Send Email
Contact Number: +971562155888
Country:United Arab Emirates
Release id:45108
The post Time House Club Redefines Dubai Watch Collecting with Online Catalog of Prestige Timepieces 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.
Press Release
971 Art Gallery Boosts Dubai’s Position as a Global Hub for Luxury Contemporary Art and Investment
United Arab Emirates, 16th May 2026 – Dubai’s luxury art market continues to attract international collectors and investors as 971 Art Gallery expands its presence with a curated portfolio of contemporary art masterpieces, large-scale photography, mixed-media installations, and investment-grade artworks from globally recognized artists. Located at the Art of Living Mall in Umm Suqeim, the 600-square-meter gallery has emerged as a prominent destination for collectors, interior designers, and art enthusiasts seeking museum-quality works that combine cultural significance with long-term investment value.

Art collectors, interior designers, and visual arts enthusiasts seeking the most exquisite creations in the United Arab Emirates are invited to explore the remarkable collections at 971 Art Gallery.
Situated within the prestigious showroom in Umm Suqeim, inside the renowned Art of Living Mall, this expansive 600-square-meter space is redefining the standard for luxury craftsmanship and artistic integration.
As a premier art gallery dubai, the establishment offers an unparalleled platform for both seasoned investors and new collectors to discover exceptional artworks that elevate modern living environments.
With a firm dedication to excellence and authenticity, 971 Art Gallery presents an extraordinary portfolio of physical art pieces that bridge the gap between aesthetic beauty and profound cultural narrative. The gallery’s collection features an impressive array of artistic mediums, directly catering to a highly discerning clientele looking to acquire significant pieces.
From striking large-scale photography to intricate, multidimensional installations, the artworks available are meticulously curated to inspire and captivate. Buyers and visitors can explore a rich selection of modern art painting and mixed-media masterpieces that serve not only as breathtaking focal points for residential and corporate spaces but also as tangible, valuable assets for long-term art investment.
The gallery is proud to represent and showcase a diverse roster of globally recognized contemporary art artists, each bringing a highly unique visual product offering to the regional market. Among the exceptional pieces available for acquisition are the thought-provoking, large-format photographic works of acclaimed French artist Gérard Rancinan, whose staged narratives explore 21st-century human behavior.
Collectors looking for highly textured works will be mesmerized by the meticulous glass portraits by Isabelle Scheltjens; masterpieces created by fusing thousands of hand-cut, colored glass pieces into striking abstract fields that visually resolve into hyper-realistic visages from a distance.
Furthermore, the gallery’s inventory features the delicate, monochromatic paper boat compositions of Riccardo Gusmaroli, the emotive canvas works of Peruvian artist Benito Cerna Leon, and the conceptually driven, social pop creations of Michele Tombolini.
Beyond offering individual, high-end masterpieces, 971 Art Gallery provides comprehensive, end-to-end solutions for its buyers. These product-focused services include expert curatorial advice, collection management, and seamless logistics coordination, ensuring that the acquisition of any artwork is a professional and effortless experience.
The gallery is also deeply dedicated to fostering meaningful dialogue and celebrating artistic expression by hosting highly anticipated art events dubai. Through meticulously planned exhibitions, such as its inaugural showcase “Gérard Rancinan, A Visual Odyssey,” the gallery consistently displays world-class physical art products, cementing its role in the city’s growing cultural and design ecosystem.
Whether a client is looking to acquire a monumental statement piece for a grand architectural foyer, a nuanced mixed-media creation to complete a private collection, or seeking expert guidance on building a lucrative art portfolio, 971 Art Gallery provides unmatched access to premier creations. The gallery invites the public and prospective buyers to step into its thoughtfully curated environment, where interior design and masterful artistry seamlessly converge.
For more information on the gallery’s exceptional portfolio of available artworks, upcoming exhibition schedules, and specialized investment services, please visit: https://971artgallery.com/
Address: Inside La Maisonaire, Art of Living Mall, Retail 1-3, M-Floor, Al Barsha 2, Dubai.
Media Contact
Organization: 971 Art Gallery
Contact Person: Stefano Vianello
Website: https://971artgallery.com/
Email: Send Email
Contact Number: +971525198046
Country:United Arab Emirates
Release id:45110
The post 971 Art Gallery Boosts Dubai’s Position as a Global Hub for Luxury Contemporary Art and Investment 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
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.
Press Release
Jeremy Yono Announces Launch of Financial Education Initiative for Young Entrepreneurs
- New Program Aims to Expand Access to Financial Knowledge, Business Planning Resources, and Long-Term Wealth Education.
Michigan, USA, 16th May 2026, ZEX PR WIRE — Jeremy Yono has announced the launch of a new financial education initiative designed to support young entrepreneurs with practical financial knowledge and business development resources. Based in Detroit, the initiative will focus on helping aspiring business owners better understand budgeting, financial planning, cash flow management, and long-term financial decision-making as they build and grow their businesses.

The program is being introduced in response to growing demand for accessible financial education tailored to younger professionals and early-stage entrepreneurs. Through educational workshops, digital learning materials, and community-focused discussions, the initiative aims to provide foundational financial guidance that participants can apply to both personal and business-related financial decisions. The launch marks a broader effort to encourage sustainable financial habits among emerging entrepreneurs navigating increasingly competitive economic conditions.
Supporting Financial Literacy for the Next Generation of Entrepreneurs
The financial education initiative was developed to address common financial challenges faced by young entrepreneurs, including limited access to financial planning guidance, inconsistent budgeting practices, and uncertainty around long-term business sustainability. The program is expected to provide educational support for individuals at various stages of business development, from startup planning to operational growth.
According to recent business trends, many first-time entrepreneurs enter the market with strong product or service ideas but limited understanding of financial systems, taxes, cash flow forecasting, and responsible expansion strategies. The initiative introduced by Jeremy Yono is intended to help bridge that gap through practical instruction and accessible financial concepts.
The program’s educational focus includes topics such as financial goal setting, debt management, savings strategies, investment fundamentals, emergency planning, and responsible business budgeting. Additional discussions are expected to address risk management, financial discipline, and strategies for adapting to changing market conditions.
“As more young professionals pursue entrepreneurship, there is a growing need for financial education that is practical, understandable, and connected to real-world business challenges,” said Jeremy Yono. “The purpose of this initiative is to create a space where people can build a stronger understanding of financial fundamentals and apply those lessons with confidence as they grow their businesses.”
The initiative also reflects broader conversations surrounding financial literacy and economic opportunity in urban business communities. Detroit has experienced ongoing entrepreneurial growth across industries including technology, creative services, retail, and independent consulting, creating increased demand for educational resources that support long-term business development.
Program Will Include Workshops, Digital Resources, and Community Engagement
As part of the launch, the initiative plans to introduce a series of educational workshops focused on practical financial management for entrepreneurs and independent professionals. These sessions are expected to cover budgeting systems, financial organization, understanding business expenses, and strategies for maintaining financial stability during periods of business growth or economic uncertainty.
In addition to in-person and virtual discussions, the initiative will include digital learning resources designed to make financial education more accessible to broader audiences. Planned materials include educational articles, financial planning guides, and informational content focused on helping entrepreneurs strengthen their understanding of business finance fundamentals.
The initiative will also encourage collaboration among entrepreneurs, small business owners, and professionals interested in improving financial awareness within their communities. By combining education with open discussion, the program aims to create opportunities for participants to exchange insights and experiences related to entrepreneurship and financial planning.
Detroit’s business landscape continues to evolve as more individuals pursue independent business ownership and alternative career paths. Financial education advocates have increasingly emphasized the importance of financial literacy in supporting long-term business sustainability, particularly among younger entrepreneurs entering competitive industries.
Jeremy Yono noted that many entrepreneurs focus heavily on product development or marketing while overlooking the importance of financial structure and planning during the early stages of business growth. The initiative seeks to encourage a more balanced approach by highlighting the role financial organization plays in operational stability and long-term decision-making.
“Strong financial habits can have a lasting impact on both personal and professional growth,” Yono said. “Entrepreneurs often face unpredictable challenges, and understanding how to manage finances responsibly can help create more flexibility and stability over time.”
The program is also expected to highlight the importance of long-term planning rather than short-term financial decision-making. Educational topics may include retirement planning for entrepreneurs, responsible investment strategies, and approaches to maintaining sustainable business operations during economic fluctuations.
Expanding Access to Practical Financial Education
The launch of the initiative reflects ongoing efforts to expand financial education opportunities beyond traditional academic settings. Many entrepreneurs develop their businesses independently without formal financial training, creating demand for accessible educational programs focused on practical application rather than technical theory alone.
Jeremy Yono’s initiative is intended to provide approachable financial education that aligns with the realities faced by small business owners and emerging professionals. By focusing on clear communication and practical instruction, the program aims to help participants develop stronger confidence in managing financial responsibilities tied to entrepreneurship and business growth.
The initiative also aligns with broader national conversations about financial literacy and economic mobility, particularly among younger generations pursuing independent business ownership. Industry observers continue to emphasize that financial education plays a critical role in supporting sustainable entrepreneurship and long-term economic participation.
Future plans for the program may include expanded workshop offerings, collaborative business events, and additional educational partnerships focused on strengthening financial awareness within entrepreneurial communities.
About Jeremy Yono
Jeremy Yono is a finance professional based in Detroit with experience in financial planning, budgeting strategies, and business finance education. His work focuses on helping individuals and entrepreneurs develop practical financial habits, improve financial literacy, and build long-term financial stability through informed decision-making and responsible planning.
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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