/* ---- Google Analytics Code Below */

Friday, June 10, 2022

Making Blockchain Stop Wasting Energy by Getting It to Manage Energy

 Is this workable?

Making Blockchain Stop Wasting Energy by Getting It to Manage Energy

Ars Technica, John Timmer, June 5, 2022

A group of researchers from China's Shanghai Jiao Tong and Tsinghua universities identified an optimization calculation that could make blockchain systems more energy-efficient. The researchers concentrated on the energy supply other blockchains consume, noting optimization is needed in instances like matching supply with demand, and formulating the most economic mix of generating sources. They also proposed small sub-grids could self-manage through proof-of-solution (PoSo)-based optimizations, and used energy systems at the U.K.'s University of Manchester and the city of Suzhou, China, to test the concept. In both cases, the system quickly produced optimal solutions for resource distribution, which competed with centralized management. Although the system still demands multiple computers to execute calculations and verification, the researchers contend the PoSo blockchain solution is tougher to manipulate.  .... ' 

No comments: