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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

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.

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Press Release

TradersYard Shifts Focus to Futures Trading

Published

50 minutes ago

on

September 21, 2026

By

Vienna, Austria, September 21st, 2026, FinanceWire

TradersYard today announced that it is making futures trading challenges its primary strategic focus, following strong growth in its futures business over recent months and the funding round announced in July 2026.

The funding round, led by Andromeda Capital Partners Suisse AG, is supporting TradersYard’s next phase of growth, including the expansion of its futures offering and the development of its proprietary technology for B2B clients.

TradersYard is also among the first proprietary trading firms to hold its own CME data distribution license, giving the company greater control over its trading infrastructure and creating new opportunities as it expands its futures offering.

“This is an exciting next step for TradersYard. The rapid growth of our futures challenges has confirmed both the strength of this market and the demand from our community. By focusing our energy, technology and resources on futures, we can accelerate innovation and create an even better experience for traders.” – Manuel Sonnleithner, CEO of TradersYard

As part of this strategic shift, TradersYard will discontinue its FX/CFD challenges after 30 September 2026. The decision reflects the significant momentum the company has experienced in futures and its commitment to concentrating resources where it sees the greatest opportunity for growth and innovation.

At the same time, TradersYard is expanding beyond its direct-to-trader business. Having developed its entire proprietary trading technology stack in-house, the company is preparing its software platform for its first B2B clients, which are currently being onboarded.

The increased focus on futures also aligns TradersYard with Andromeda Capital Partners’ broader investments in capital markets and trading technology. Andromeda is also an investor in MetroTrade, a fast-growing US-based futures broker providing access to exchange-traded futures and options on futures. 

“We see significant opportunities emerging around futures trading globally. Through our investments in TradersYard and MetroTrade, we are approaching the market from different angles – from proprietary trading technology and trader development to regulated brokerage and access to exchange-traded markets. These are independent businesses, but they reflect our broader conviction that there is significant room for innovation in the futures industry. We are excited to support Manuel and the TradersYard team through this next phase of growth.” – Ingmar Mattus, Andromeda Capital Partners Suisse AG

A New Chapter, With the Door Open to Future Innovation

While futures will be the primary focus for the next phase of TradersYard’s growth, the company will continue exploring new technologies, products and trading models across the proprietary trading industry.

Building its technology entirely in-house gives TradersYard the flexibility to innovate quickly, develop new products and push the boundaries of what a modern prop trading platform can offer both traders and B2B partners.

“Innovation has always been central to TradersYard. Our immediate focus is futures, but we will continue looking for new ways to improve the prop trading experience and develop technology that moves the industry forward.” – Sagar Mule, Head of Product

With a growing futures community, fresh funding, proprietary technology and its own CME data distribution capabilities, TradersYard is entering its next stage of growth with a clear focus: building one of the most innovative and technology-driven futures trading platforms in the industry.

About TradersYard

TradersYard is a proprietary trading company providing simulated trading challenges designed to help traders demonstrate their skills and pursue performance-based opportunities.

With all technology developed entirely in-house, transparent trading conditions and a commitment to continuous innovation, TradersYard is building trading experiences and technology for the next generation of the proprietary trading industry.

About Andromeda Capital Partners Suisse AG

Andromeda Capital Partners Suisse AG is a Switzerland-based investment company focused on financial technology and capital markets businesses. The firm invests in and supports companies developing innovative trading, brokerage and financial-market technologies.

Its investments include TradersYard, a proprietary trading and technology company; MetroTrade, a fast-growing US-based futures broker; Change Securities, a European investment firm providing access to stocks, derivatives and digital assets; and Boltzmann Research, a quantitative research and trading technology company.

Contact

CEO
Manuel Sonnleithner
TradersYard GmbH
marketing@tradersyard.com

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Cloud PR Wire

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Press Release

From Korean Chipmakers to Leveraged Semiconductor ETFs: STARTRADER Launches 49 New 24/7 Stock and ETF CFDs

Published

1 hour ago

on

September 21, 2026

By

Port Louis, Mauritius, September 21st, 2026, FinanceWire

Available from September 18, 2026, the expansion adds 30 US stocks, 14 ETFs, and five USD-quoted foreign shares, tradable Monday to Sunday, with trading available beyond the regular hours of the relevant underlying exchanges, subject to the applicable trading schedule and terms. 

STARTRADER has added 49 new 24/7 Stock and ETF CFDs across its MT5 servers, accessible Monday to Sunday from 00:00 to 24:00 (GMT+3 platform time), subject to scheduled maintenance windows. The expansion covers 30 US stocks, 14 ETFs and five USD-quoted foreign shares listed in mainland China, Hong Kong and South Korea, extending continuous access to Asian semiconductor and consumer names whose most significant news has historically landed while the exchanges quoting them were closed.

The US additions include SK Hynix (SKHYUSD) and Super Micro Computer (SMCIUSD), both tied closely to AI memory and server demand. Eleven of the 14 ETFs are single-stock or sector leveraged products, including the Direxion Daily Semiconductor Bull 3X ETF (SOXLUSD) and Direxion Daily Micron Bull 2X Shares (MUUUSD).

The five foreign shares reach markets that are harder for international clients to access directly: GigaDevice from the China A-share market, Pop Mart and Tencent from Hong Kong, and Samsung Electronics (SAMSUNGUSD) and Hyundai from South Korea. The Samsung line is quoted as the Korea-listed share rather than a depositary receipt.

Because these instruments are quoted in USD while the underlying shares are listed in other currencies, movements in the relevant exchange rate will affect the position in addition to movements in the share price. Chinese A-shares are also subject to daily price limits. Where the underlying reaches its applicable price limit or is suspended, pricing and execution on the corresponding CFD may be affected. 

The additions reflect where market interest has concentrated through 2026. AI memory and server demand have pulled Korean supply-chain names into the same conversation as US megacaps, while leveraged single-stock and sector ETFs have become a common instrument for expressing short-horizon views on semiconductors. Both trends make continuous pricing more relevant to how these names are actually traded.

“We do not add symbols to look comprehensive. The test is whether a client would otherwise be left holding a view they have no way to act on, and across these 49, that test was easy to answer.” Peter Karsten, CEO, STARTRADER

The launch extends STARTRADER’s 24/7 range further into Asian equity markets, following earlier expansions into Hong Kong-listed AI companies and global index ETFs. Further additions will be assessed as market interest shifts across regions and sectors.

About STARTRADER

STARTRADER is a global multi-asset broker empowering retail and institutional partners to access global markets through a range of platforms, including MetaTrader, STARTRADER APP, and STAR Copy. Regulated in five jurisdictions (CMA, ASIC, FSCA, FSA, and FSC), STARTRADER combines strong governance with a client-first approach, serving both retail clients and partners with a commitment to transparency, reliability, and long-term growth.

RISK WARNING: CFDs are complex financial instruments and carry a high risk of losing money rapidly due to leverage. You should ensure you fully understand the risks involved and carefully consider whether you can afford to take the high risk of losing your money before trading.

Disclaimer: The information is provided for educational purposes only and doesn’t take into account your personal objectives, financial circumstances, or needs. It does not constitute investment advice. We encourage you to seek independent advice if necessary. The information has not been prepared in accordance with legal requirements designed to promote the independence of investment research. No representation or warranty is given as to the accuracy or completeness of any information contained within. This material may contain historical or past performance figures and should not be relied on. Furthermore, estimates, forward-looking statements, and forecasts cannot be guaranteed. The information on this site and the products and services offered are not intended for distribution to any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

Contact

Janna.magabilen
Janna.magabilen@startrader.com

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Cloud PR Wire

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Press Release

From Sleepwear to High Fashion: EKOUAER Turns Heads at The Daily’s 2026 Fashion Media Awards

Published

3 hours ago

on

September 21, 2026

By

Official Global Partner previews its premium sub-line, EKOUAER COLLECTION, at the 13th Fashion Media Awards ahead of its Oct. 15 launch.

New York, USA / Timesnewswire / September 21, 2026 – During New York Fashion Week, leading global sleepwear and lifestyle fashion brand EKOUAER, in collaboration with COOFANDY, made a memorable mark as an official Global Partner and Global Gifting Partner at The Daily Front Row’s 13th Annual Fashion Media Awards (FMAs). Held at the iconic Rainbow Room atop Rockefeller Center, the star-studded event provided the ultimate backdrop for EKOUAER to offer an exclusive preview of its highly anticipated premium sub-line, the EKOUAER COLLECTION—set to officially launch worldwide on October 15, 2026, across EKOUAER’s Official Amazon Store, Brand Webstore, and Official TikTok Shop.

A Glamorous Night Above Manhattan

The Fashion Media Awards brought together over 300 of the fashion industry’s most influential tastemakers, icons, and celebrities, including Naomi Watts, Jenna Lyons, Wisdom Kaye, Jordyn Woods, and Twiggy.

As a key sponsor and global partner of the evening, EKOUAER hosted a dedicated photo activation featuring curated collection racks and a co-branded backdrop. The activation drew fashion insiders, editors, and influencers throughout the night. Highlighting the sub-line’s effortless sophistication, model Faith Ward stepped out in a key look from the EKOUAER COLLECTION, embodying the line’s seamless blend of luxury, fluidity, and modern elegance.

Redefining Elevated Comfort: The EKOUAER COLLECTION

Designed for discerning consumers seeking both supreme comfort and refined style, the EKOUAER COLLECTION represents a major brand elevation. Key highlights of the new premium sub-line include:

Exclusive Design Collaboration with Lara Costafreda: Select capsule pieces in the collection feature custom prints designed in collaboration with renowned Spanish artist and illustrator Lara Costafreda, whose celebrated portfolio includes artwork for iconic luxury houses such as Chanel and Hermès.

Ultra-Premium Fabrics: Crafted from silk-soft, breathable, and skin-friendly textiles that offer a luxurious hand-feel and subtle sheen.

Versatile & Tailored Silhouettes: Thoughtfully designed to blur the boundaries between chic loungewear and sophisticated day-to-night outerwear.

Modern Minimalist Aesthetic: Featuring timeless color palettes and contemporary cuts tailored for modern, elevated lifestyles.

Previewing the sub-line during New York Fashion Week underscores EKOUAER’s strategic expansion into the premium fashion segment and its commitment to delivering high-quality, artfully designed apparel on a global scale.

Global Launch Set for October 15

The EKOUAER COLLECTION will officially launch on October 15, 2026. Customers in North America and around the world will be able to shop the new premium sub-line across EKOUAER’s Official Amazon Store, Brand Webstore, and Official TikTok Shop.

To learn more about EKOUAER and stay updated on the upcoming launch, visit EKOUAER Official Website or follow @Ekouaer_Official on social media.

About EKOUAER

EKOUAER is a premier global brand dedicated to providing high-quality, comfortable, and stylish sleepwear, loungewear, and lifestyle apparel. Combining thoughtful design with premium materials, EKOUAER aims to bring effortless elegance, relaxation, and confidence to everyday life for consumers around the world.

EKOUAER

Dana Li

pr@EKOUAER.com

New York, US

https://EKOUAER.com/

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Cloud PR Wire

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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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