Tag Archives: proof of work
The Merge
Earlier this month, a major event happened in the cryptocurrency space called the ‘Merge’. In this event, the ethereum blockchain changed the way it achieves consensus – from using a proof-of-work mechanism to a proof-of-stake mechanism. A blockchain is a … Continue reading
Posted in Uncategorized
Tagged blockchain, centralisation, cryptocurrencies, double-spending, eacon Chain, Ethereum, ethereum mainnet, proof of stake, proof of work, The Merge
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Crypto: Climate change means new tech has less time today to prove itself
I spent this weekend reading about permissioned and permissionless blockchain systems. If you want to get in on it, I can’t recommend this post by David Rosenthal enough. Much of the complexity of executing transactions of the major extant cryptocurrencies, including bitcoin … Continue reading
Posted in Analysis, Tech
Tagged Big Tech, Bitcoin, blockchain, carbon dioxide concentration, carbon emissions, cryptocurrencies, David Rosenthal, decentralisation, Ethereum, Molly White, non-fungible tokens, proof of work, web2, web3
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The foolishness of a carbon-negative blockchain
With the experience of ‘fortress conservation’, poor implementation of the Forest Rights Act and the CAMPA philosophy in India, it’s hard not to think that the idea of carbon offsets is stupid. This mode of ‘climate action’ has been most … Continue reading
Posted in Analysis, Tech
Tagged afforestation, blockchain, carbon neutrality, carbon offset, climate justice, cryptocurrencies, Miyawaki method, proof of stake, proof of work, social justice
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