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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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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

SCANDIC TRADE Ultimate 2.6 is now complete – the SNC SCANDIC ECO-System is now fully operational

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Nottingham, United Kingdom, August 10th, 2026, Chainwire

Anyone who tracks digital assets is familiar with the problem: prices here, charts there, wallet transactions in yet another app, and portfolio notes in spreadsheets.

SCANDIC TRADE aims to put an end to this fragmentation. The new platform brings together market monitoring, AI-powered analysis, non-custodial trading (self-custody, trading directly from your own wallet without third-party access), portfolio management and features relating to the SNC SCANDIC COIN within a single, integrated workspace.

The approach is aimed at users who no longer wish to piece together information from numerous separate solutions. Instead of yet another isolated crypto tool, the aim is to create a central interface that clearly maps the journey from initial market monitoring through analysis to wallet-signed transactions. A key principle is upheld throughout: control over digital assets should remain with the user.

From a mix of tools to a personalised market dashboard

The SCANDIC TRADE dashboard combines global market data, trend indicators, top cryptocurrencies, search functions and account-related information. Registered users can personalise their overview: watchlists, portfolio holdings, active alerts, current market analyses and relevant signals are all consolidated within a single interface.

SCANDIC TRADE positions itself not merely as a price list, but as a working environment for structured decision-making. Users should be able to identify more quickly which digital assets are gaining momentum, where increased risks exist and which positions deserve special attention. The aim is not to reduce the market to a single metric, but to organise information in such a way that decisions can be prepared on a more sound basis and better understood later on.

AI market analysis as a research assistant

A key element is the AI-powered crypto market analysis. It evaluates selected digital assets based on live market data, historical price movements, technical indicators, liquidity, supply structure, volatility and the market environment. The results are presented in a standardised format that translates complex data into clearly structured insights.

Depending on the analysis, this may include market sentiment, a trend assessment, 10- and 30-day scenarios, a confidence value, the risk level, key influencing factors and a reasoned assessment. Particularly during volatile market phases, the benefit lies less in a supposedly infallible prediction than in the structured consolidation of relevant information.

SCANDIC TRADE uses a credit system for new calculations and certain premium technical functions. Existing analyses can be reused within defined update windows. This reduces duplicate queries, conserves technical resources and, at the same time, ensures that users can see how up-to-date an analysis is.

Non-custodial trading: your own wallet remains the decisive factor

A second pillar is the module for non-custodial trading and swaps. SCANDIC TRADE supports the preparation of buying and selling processes without centrally holding users’ assets. The platform compiles transaction data, guides users through the individual steps and leaves the final authorisation to the connected wallet.

The range of functions includes the selection of network and token, the use of user-defined contract addresses, slippage settings, the verification of price quotes, ERC-20 approvals and the final transaction signature. Before approval, users can check, amongst other things, the expected amount to be received, the minimum receipt amount, the estimated network fees and the selected route.

SCANDIC TRADE combines ease of use with the principle of self-custody: no final transaction takes place until the user signs it in their own wallet. This separation between preparation and authorisation is a key feature, particularly for users who wish to avoid centralised custody.

Charts, wallet payments and on-chain verification

For in-depth technical analysis, the platform integrates a TradingView chart workspace with symbol search, customisable time intervals, light and dark modes, and full-screen view. This allows price trends, candlestick patterns and market movements to be analysed within a familiar charting environment.

The $SNC SCANDIC COIN is also integrated into this analysis workflow. Exchange- or data-source-specific symbol formats can be resolved in the background, simplifying direct access to SNC charts.

Wallet-based processes are also used when purchasing credits. On-chain payments are verified based on the recipient, amount, network, transaction status and sender requirements before a credit is issued. This reduces the need for manual confirmations and links the use of paid platform features to traceable blockchain data.

SNC SCANDIC COIN as an integral component

For holders of SNC SCANDIC COIN, the so-called ‘Earn’ module consolidates staking functions on the Ethereum mainnet. Among other things, it displays SNC holdings, releases, staked amounts, outstanding staking rewards, the end of any lock-up periods, the current lock-up status, available reward reserves and potential deductions in the event of early withdrawal.

Users can unlock SNC, stake it, claim rewards, withdraw partial amounts or close a position entirely. At the same time, the interface provides information on the network, unlock requirements, lock-up periods, possible extensions and the conditions for early termination.

The coin is therefore not treated as an isolated add-on product, but is integrated into analysis, staking and management processes. This creates a central interface for the SNC ecosystem, where market information and practical use converge.

Portfolio, Alerts and Journal for an up-to-date overview

SCANDIC TRADE complements analysis and transactions with tools for personal organisation. Relevant coins can be saved to the watchlist and monitored using up-to-date market data. The portfolio module records holdings, quantities and average purchase prices, and uses these to calculate current value, invested capital, and realised and unrealised gains.

Alerts can be based on price levels, significant daily movements, changes to AI classifications, risk levels, confidence thresholds or forecast values. The journal provides space for documenting trades, fees, notes, opening and closing times, as well as for later comparison between initial assumptions and actual performance.

These features transform a one-off analysis into an ongoing workflow. Market monitoring, strategy, execution and evaluation thus remain more closely linked.

Technical infrastructure with a focus on availability

According to reports, SCANDIC TRADE was developed by a team of twelve developers over a period of around ten months. The work encompassed product planning, front-end and back-end development, wallet integration, AI analysis, trading and swap functions, staking integration, testing and technical optimisation.

SCANDIC TRADE’s technical foundation comprises no fewer than 10 IBM z17 high-end rack-mounted mainframes for enhanced AI capabilities and PQC cryptography options, as well as its own hyperscale infrastructure with locations in Manama (Bahrain), Kuwait City and Singapore. This environment, representing an investment in the millions, is designed to support the processing of market data, the coordination of analysis workflows, the monitoring of operations and the interlinking of the individual product modules. Organisationally, the platform is integrated into the international structure of the SCANDIC FINANCE GROUP, headquartered in Hong Kong.

To ensure data availability, the platform utilises primary and fallback sources, in-memory caching, the deduplication of similar queries, and persistent caches. Should a primary source be temporarily restricted or provide incomplete data, market pages should not immediately appear empty. The source and current status can be indicated when data does not originate from the primary live feed.

Transparency and responsible use

The platform’s concept includes publicly accessible pages on terms of use, data protection, cookies, risk disclosures, unauthorised use, AI ethics, accessibility and comprehensive compliance. In the crypto sector in particular, this level is more than just a formal addition: it creates a framework for how analysis functions, wallet processes and forecasting models should be interpreted.

AI analyses, alerts and scenarios are information tools. They may be inaccurate, are based on available data and are no substitute for individual assessment or financial advice. Digital assets remain highly volatile and can result in significant losses; this applies to the entire crypto market.

With its currently highly complex user interface and range of features, SCANDIC TRADE could establish itself in the market in the long term, particularly as, according to reports, the scope of functions is set to be significantly expanded. Data quality, technical reliability, transparent security processes and consistently transparent communication will be crucial; in this regard, the substantial investment in IBM’s z17 mainframes is likely to prove a truly ingenious move for SCANDIC TRADE.

However, the product approach meets a clear need: it reduces the need to switch between individual solutions without taking final control of the wallet and transactions out of the user’s hands, which enhances security and, in conjunction with the internationally active KYC partner CRIF, currently constitutes a unique selling point.

The combination of AI-powered market analysis, non-custodial trading, portfolio tools and the integration of the SNC SCANDIC COIN creates a comprehensive system that offers guidance to newcomers as well as a structured working environment for experienced users.

Further information can be found here: https://www.Scandic.Trade

This PR is intended solely for journalistic information and does not constitute investment, financial, legal or tax advice. The editorial team accepts no liability – to the extent permitted by law – for information provided by SCANDIC TRADE or third parties; financial decisions are made solely at the reader’s own risk.

Contact

Peter Wilson
info@NottinghamGuardian.co.uk

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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Press Release

Bookmap Announces Partnership with Plus500 to Expand Futures Trading Access

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Nicosia, Cyprus, August 10th, 2026, FinanceWire

Bookmap has announced a new partnership with Plus500, bringing together advanced market visualization with institutional-grade execution infrastructure for futures traders.

This collaboration introduces two distinct ways for traders to access futures markets through Bookmap using Plus500’s technology:

  • Direct brokerage access, enabling traders to open and fund a Plus500 account and operate within a fully integrated trading environment
  • Order routing integration, allowing traders to connect Bookmap to Plus500’s execution infrastructure while keeping their existing broker

Expanding Access to Futures Markets

Through Plus500’s infrastructure, Bookmap users can now access major global futures exchanges with a streamlined setup and a reliable execution environment.

For traders already working with a broker or FCM, the order routing solution provides a flexible path to upgrade execution without changing existing relationships. Once approved, users can connect Bookmap directly using Plus500 credentials and begin trading with minimal setup time.

For those looking for a more unified setup, Plus500’s brokerage offering delivers account management, execution, and market access within a single environment, removing the need to coordinate across multiple providers.

Simplifying Market Data and Infrastructure

One of the more notable aspects of the integration is how it simplifies the overall trading stack.

When using Plus500’s infrastructure, traders benefit from:

  • Included Level 2 market data for eligible non-professional users
  • No additional market data fees in the integrated setup
  • High-quality MBO data, providing detailed visibility into market activity

Combined with Bookmap’s visualization tools, this creates a more complete view of liquidity, order flow, and execution conditions, without the complexity of sourcing multiple data providers.

Bringing Together Visualization and Execution

Bookmap’s platform is widely used for analyzing order flow through tools such as heatmaps, volume visualization, and trade activity tracking. By integrating Plus500’s execution and brokerage infrastructure, traders can now move more seamlessly from analysis to execution within the same workflow.

“We’re excited to provide Bookmap users with direct connectivity to Plus500, delivering a seamless, end-to-end futures trading solution. Our proprietary technology infrastructure is designed for reliability, low-latency execution, and institutional-grade performance. By combining Plus500’s robust brokerage and execution capabilities with Bookmap’s advanced visualization tools, traders can access the futures markets with greater confidence, speed, and precision,” said Isaac Cahana, Plus500US CEO.

“This partnership brings together the two core pillars of Plus500’s offering: our FCM solutions and trading technology,” said Oded Mathan, VP of Products at Plus500US. “We have built an integrated infrastructure that supports the entire customer journey – from account opening, funding, reporting, and advanced risk management to market data and trade execution. By unifying these capabilities, we simplify complex futures infrastructure and create a scalable model for Bookmap customers and financial partners.”

“Traders today are often forced to piece together multiple tools just to get a complete view of the market. This partnership changes that. By combining Bookmap’s visualization with Plus500’s execution and data infrastructure, we’re giving traders a more direct, streamlined way to understand and act on market activity,” said Tsachi Galanos, Bookmap CEO.

Flexible Setup for Different Trading Needs

The partnership is designed to support different types of traders:

  • Those who want to retain their existing broker while improving execution infrastructure
  • Those who prefer an all-in-one brokerage and trading environment
  • Introducing brokers (IBs) and partners looking to leverage Plus500’s infrastructure alongside Bookmap’s platform

This flexibility allows traders to choose the setup that best fits their workflow, without compromising on data quality or execution performance.

Availability

The Bookmap and Plus500 integration is now available. Traders can either request connectivity through their broker or open a Plus500 account to access the full integrated setup.

Users can learn more about Plus500 Brokerage: https://bookmap.com/en/partner/plus500-brokerage 

Request Plus500 Connectivity: https://bookmap.com/en/partner/plus500-order-routing 

About Bookmap

Bookmap provides advanced visualization of market liquidity and order flow, helping traders analyze price action with greater transparency. The platform is used globally across futures, equities, and digital asset markets.

About Plus500

Plus500 is a global fintech group offering trading technology and brokerage services to traders and financial institutions. In the United States, Plus500US is a regulated Futures Commission Merchant (FCM), providing access to futures, options, and related markets through proprietary infrastructure.

Contact

Chief Marketing Officer
Josh Panzer
Bookmap
joshp@bookmap.com

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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

Syntetika Launches Tokenization Hub Bringing Regulated Investment Strategies Onchain

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Road Town, British Virgin Islands, August 10th, 2026, Chainwire

Deposits Are Open for hBTC, the Vault Token for Hilbert Group’s BTC Basis+ Strategy

Syntetika, a tokenization hub for regulated investment strategies, opened deposits today for its first strategy: BTC Basis+, managed by the publicly traded Hilbert Group.

Syntetika makes investment strategies that run inside regulated funds accessible directly from a wallet. Each fund operates with independent custody, and each cycle its net asset value is attested by an independent third party. That attested NAV is the price at which vault tokens are issued and redeemed.

BTC Basis+ is a Bitcoin basis strategy: it holds Bitcoin exposure and captures the funding spread between spot and futures markets, with returns denominated in Bitcoin terms. Participants deposit cbBTC through the Syntetika platform in a permissionless way. Deposits are queued and subscribed into the fund at the next processing cycle, with hBTC minted at an attested NAV. Redemptions follow the same cycle.

Syntetika launches with partners Tulipa Capital on strategy curation, Ember Protocol on vault infrastructure, and Yield Network as Liquidity Syndication Partner. The platform launches on Base. Reserves behind its tokens will also become checkable by anyone through Chainlink Proof of Reserve.

“Today Syntetika opens its doors with BTC Basis+,” said Jorge Cuartero, CEO of Syntetika. “What we are really launching is the platform underneath it: infrastructure built to carry a growing set of regulated strategies onchain. This is day one of that roadmap.”

BTC Basis+ is open for deposits now at syntetika.io

About Syntetika

Syntetika is a tokenization hub for regulated investment strategies. Each strategy runs inside a regulated fund with independent custody and third-party NAV attestation, and is accessed onchain through a vault token issued and redeemed at that attested NAV.

Contact

Head of Marketing
Niko Petrov
Syntetika Proto Limited
niko@syntetikalbs.io

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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