Facebook Twitter Instagram
    Facebook Twitter Instagram
    Fast Fox News
    Subscribe
    • News & Trends
    • Business
      • Entrepreneur
    • Life Style
      • Sports
      • Food
      • Travel & Tourism
      • Music
      • Entertainment
    • Celebrity
    • Technology
    • Contact
    Fast Fox News
    Home»Technology»Making blockchain stop wasting energy by getting it to manage energy
    Technology

    Making blockchain stop wasting energy by getting it to manage energy

    IsabellaBy IsabellaOctober 25, 2022No Comments1 Min Read
    Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp Email
    Making blockchain stop wasting energy by getting it to manage energy
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Enlarge / Managing a microgram might be a case where blockchain is actually useful. (credit: Getty Images)

    One of the worst features of blockchain technologies like cryptocurrency and NFTs is their horrific energy use. When we should be wringing every bit of efficiency out of our electricity use, most blockchains require computers to perform pointless calculations repeatedly.

    The obvious solution is to base blockchains on useful calculations—something we might need to do anyway. Unfortunately, the math involved in a blockchain has to have a very specific property: The solution must be difficult to calculate but easy to verify. Nevertheless, a number of useful calculations have been identified as possible replacements for the ones currently being used in many systems.

    A paper released this week adds another option to this list. Optimization problems are notoriously expensive in terms of computations, but the quality of a solution is relatively easy to evaluate. And in this case, the systems being optimized are small energy grids, meaning that this approach could partly offset some of a blockchain’s horrific energy usage.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
    Previous ArticleHightouch, which offers tools to sync data from disparate sources, raises a $40M Series B led by Iconiq Growth at a $450M post-money valuation (Paul Sawers/VentureBeat)
    Next Article Axie Infinity’s economics make little sense and it is reminiscent of a Ponzi scheme, but the strength and engagement of its community may sustain it long term (Adi Robertson/The Verge)
    Isabella
    Isabella

    Isabella Noor is Director of Marketing at FastFoxNews. With 8+ years experience in public relations and marketing, she loves talking about content creation, SEO & Digital Marketing.

    Related Posts

    Can I Earn Crypto with Play-to-Earn Games?

    December 20, 2022

    Find Professional Electricians and Generator Services in Abbotsford Bc

    December 18, 2022

    Lenovo unveils updated ThinkPads: X13 with Snapdragon chips, X1 Extreme with a 165Hz display, and updated P-series and T-series with new Intel processors (Monica Chin/The Verge)

    October 28, 2022
    Add A Comment

    Leave A Reply Cancel Reply

    Search Here
    Recently Published
    • What Conditions Permit a Citizen to Sue the Government under the Personal Injury Laws?
    • Best Experiences for Musicians
    • 5 Reasons Why Commercial carpet Cleaning Services are Important
    • Professional Carpet Cleaners – What You Need To Know
    • The Top 5 Carpet Cleaners In London That Will Get Your Home Looking Like New Again
    • Accessories Which Every Woman Needs to Have
    • Advantages and disadvantages of ETF QQQ fund
    Popular Categories
    • Business (222)
    • Celebrity (9)
    • Entertainment (32)
    • Entrepreneur (11)
    • Food (5)
    • Health (12)
    • Life Style (23)
    • Music (4)
    • News & Trends (77)
    • Sports (5)
    • Technology (98)
    • Travel & Tourism (4)
    • Uncategorized (1)
    © 2023 ThemeSphere. Designed by ThemeSphere.

    Type above and press Enter to search. Press Esc to cancel.