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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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Press Release

MEXC and Payward Highlight Collaboration as Crypto and TradFi Converge at TOKEN2049

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Mutsamudu, Comoros, October 9th, 2026, Chainwire

MEXC, a pioneer in 0-fee digital asset trading, and Payward, the parent company of Kraken, shared their perspectives on the convergence of crypto and traditional finance during a TOKEN2049 Singapore panel. MEXC CEO Vugar Usi Zade and Payward Co-CEO Arjun Sethi, discussed how broader market access, retail demand and collaboration between platforms could shape the future of global trading.

Crypto and TradFi Move Closer Together

An important theme was the shift toward more connected, always-on markets. Vugar said blockchain infrastructure is challenging traditional market structures built around fixed trading hours, while users increasingly expect access to different asset classes through a more seamless experience.

“Over the next five years, we’ll see a convergence toward a singular platform where asset classes and investments can move quickly and smoothly,” said Vugar. “Retail will be the main driver.”

Arjun highlighted the infrastructure challenge behind this shift, noting that 24/7 trading is ultimately about bringing assets and collateral into a more connected financial environment.

“24/7 trading really means: how do you bring all that collateral into one place?” said Arjun.

Collaboration Over Competition

Both speakers also highlighted collaboration as an important part of scaling the next generation of global trading platforms.

Arjun noted that serving a much larger global user base will require platforms to work with partners that bring different strengths in their respective markets, explicitly pointing to MEXC as one such example.

“The only way to do that is to partner with folks, including MEXC, to be able to help succeed in their core markets,” said Arjun.

Vugar similarly emphasized that exchanges can increasingly build on one another’s strengths rather than approach every opportunity purely through competition. MEXC brings a retail-first approach, deep liquidity and broad experience in perpetual markets across crypto and TradFi assets, while Payward brings global financial infrastructure, professional trading capabilities and strong market experience in the United States.

The discussion built on the two companies’ earlier indication that they are exploring broader collaboration, with both executives pointing to infrastructure, market access and distribution as areas where greater connectivity between platforms could create value.

Trust and access were also highlighted as essential foundations for this evolution. Vugar described trust and access as two of the most important elements in building future financial platforms, while Arjun emphasized the importance of transparency as the industry becomes more connected.

The panel pointed to a future in which crypto and TradFi become increasingly connected, with collaboration between platforms helping bring together market access, infrastructure and user reach to serve a broader global audience.

About MEXC

Founded in 2018, MEXC is a leading global multi-asset trading platform built as your 0-fee gateway to infinite opportunities. Serving users across 170+ markets, MEXC provides simple and efficient access to crypto, stocks, tokenized assets, derivatives, and a growing range of TradFi-linked opportunities through one account and one gateway.

With 0 trading fees, deep liquidity, broad asset coverage, and a high-performance trading experience, MEXC is designed for retail users who want to discover earlier, act faster, and trade with fewer barriers. As crypto and traditional finance continue to converge, MEXC is committed to making global opportunities more accessible, helping users trade freely and MEXCmize every opportunity.

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 volatility of financial markets, including digital assets, tokenized assets, and traditional financial products, investors should carefully assess market conditions, underlying asset fundamentals, and potential financial risks before making any investment or trading decisions.

Contact

Lucia Hu
lucia.hu@mexc.com

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Press Release

Ufunded Launches “Spotlight” Series, Documenting the Minds Shaping Modern Trading

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Dubai, UAE, October 9th, 2026, FinanceWire

Ufunded has introduced Spotlight, a new long-form content format created to shed light on the stories seldom discussed behind some of the most influential minds in the trading industry, and to document the individuals shaping its ongoing evolution.

The initiative reflects a broader effort to move beyond performance metrics and surface the personal philosophies, decision-making frameworks, and lived experiences of some of the industry’s most influential figures. While many know these individuals for their achievements in front of the charts, Spotlight explores what happens beyond them, the underlying perspectives and experiences that often make such success possible.

Each episode is structured around a central question: “What is your legacy?”, inviting participants to reflect on defining moments, personal trade-offs, and the principles that guided them. Responses from industry observers have been overwhelmingly positive and a refreshing challenge to the status quo of how content is usually produced within the finance industry.

Fabio Valentini in the Spotlight by Ufunded, known for his achievements in the Trading World Championship, his public track record of 500% achieved over 12 months.

The series is deliberately reserved for a small group of traders who have played a meaningful role in shaping the industry. Featured participants include Sylvain Lemaire, founder of France’s first market-neutral hedge fund, Fabio Valentini, known for his performance in the Trading World Championship, and Jens Rabe, one of the most established figures in the German-speaking trading space.

Each of them represents a different generation, style, and perspective. From physical trading floors to modern, data-driven execution. Offering a layered view of how the industry has evolved and where it is heading. Many of these figures, including Jens Rabe, are also part of Ufunded’s network of educators, who are able to extend invitations to their communities to get instantly funded by the firm. Access to Ufunded’s platform is limited to traders who are pre-screened and introduced by partnered trading academies and communities, and who complete a personal demonstration call where suitability and expectations are assessed.

While many of these individuals maintain a relatively low public profile, their participation in Spotlight reflects a shared willingness to contribute to passing on their learnings and lessons to the next generation of traders, and sharing perspectives that are often not visible publicly.

Jens Rabe in the Spotlight by Ufunded – one of the founders and architects of the German trading and investing landscape:

“The reason why we choose to develop such pieces is to give a deeper and broader scope of our industry altogether, in pursuit of unification, rather than division of the industry. “ said Nikolaus d. Growth Lead of Ufunded. 

With initiatives such as Spotlight, alongside the recent introduction of verifiable Payout Reports, Ufunded continues to pave the way toward a more transparent trading ecosystem, an effort that aligns with the firm’s elevated positioning and the high standards it has consistently set within the industry. 

About Ufunded

Ufunded.com is part of an innovative fintech ecosystem built around instant, performance-based funding and education-first principles. The trading platform uses machine learning, deep learning, and artificial intelligence to allocate notional risk capital of up to $1m per trader based on observed behavior and performance. Its all-in-one environment integrates TradingView-powered charting, a personal performance dashboard, an automated trading journal, and other tools designed to reinforce learning through continuous feedback loops. Access is strictly invite-only and available exclusively through a small number of hand-selected trading academies and institutions worldwide that pre-screen and personally introduce suitable candidates into the ecosystem.

Contact

Gretchen Pahia
Ufunded
press@ufunded.com

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Press Release

CentFX Honored with the Most Trusted Liquidity Provider Award at Forex Expo Dubai 2026

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Recognition closes two days of live trading sessions and partner meetings at Booth 081, Dubai World Trade Centre

DUBAI, UAE, October 9th, 2026 — CentFX ended its appearance at The Forex Expo Dubai 2026 on a high note, taking home the Most Trusted Liquidity Provider award at the close of the two-day event. The globally regulated multi-asset broker had spent 22 and 23 September hosting traders, introducing brokers and institutional partners as a Diamond Sponsor at Booth 081, inside the Dubai World Trade Centre.

The award arrived at the end of one of the Middle East’s busiest trading gatherings, where attendees move from stand to stand comparing brokers in person rather than on paper. For a title built on the word “trusted,” that setting mattered: the recognition reflected conversations held, live platform demonstrations  and relationships built across the two days on the floor, not claims made in advance.c

Activity at the CentFX stand centred on the same thing the award points to, execution. Visitors sat in on live trading sessions to see pricing and experience live platform demonstrations and observe pricing and execution in real time, worked through account openings with the team on hand, and compared account types side by side. Running in parallel, the CentFX partnerships team met with introducing brokers, affiliates and institutional contacts from across the Middle East, North Africa and South Asia to map out arrangements for the months ahead.

“We came to Dubai to let the execution speak, and that is exactly how these two days played out,” said Chief Executive Officer of CentFX. “Winning Most Trusted Liquidity Provider in front of the very people who sat at our stand and watched the platform work is the kind of recognition we value most. We are grateful to everyone who stopped by, opened a conversation and pushed us with good questions.”

Underpinning the recognition is an offering the firm has deliberately kept execution-led, with ECN pricing from 0.0 pips and average order execution of 0.04 seconds across more than 2,100 instruments. These execution-focused capabilities were demonstrated throughout the event, giving visitors an opportunity to engage directly with the platform and trading environment , and sat at the heart of the trust the award set out to acknowledge.

The result extends a strong season for CentFX. Weeks earlier, the broker exhibited as a Titanium Sponsor at Money Expo India 2026 in Mumbai, where it was named Best Execution Platform 2026. Back-to-back recognition across two major regional events points to a firm building momentum heading into the final quarter of the year.

CentFX thanked the traders, introducing brokers, affiliates and industry professionals who visited Booth 081 over the course of the exhibition. Further information is available at www.centfx.com.

About CentFX

CentFX is a globally regulated multi-asset broker providing access to Forex, indices, commodities and other instruments across a range of more than 2,100 products. The company holds regulatory authorisations in Anguilla (ARCA), Mauritius (FSC) and Dubai (Government of Dubai), ASIC and USA, and serves clients in over 100 countries. CentFX operates a proprietary trading application alongside full MetaTrader 5 support, and provides client education through CentFX Academy.

Risk Warning: Trading in Forex and contracts for difference carries a high level of risk and may not be suitable for all investors. Clients should ensure they fully understand the risks involved and seek independent advice where appropriate.

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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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