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by toenail 973 days ago
> My initial point was to inform the OP about peer-reviewed

"Peer-reviewed" is meaningless if it's not scientific, fact-based.

> articles on current waste

See, you start with the assumption that it's wasted. You can only come to that conclusion if you assume that bitcoin serves little or no purpose.

> Honing any process to use less energy while achieving similar or better results is not an unreasonable goal.

Energy usage is what brought humanity from stone tools and caves to the moon, using energy is a good thing that advances civilization. Energy production can be problematic, which bitcoin doesn't do. Proof of work is one of the core innovations, there is no system that has better results.
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dleeftink 973 days ago
I wouldn't be too quick to dismiss the linked sources, though. Similar to the authored pieces, I don't assume energy is 'wasted' on a perceived goal, but that actual waste is produced (e.g. mining devices are discarded quite frequently) as well as waste energy due to protocol implementation inefficiencies and infrastructural limitations (i.e. many compute cycles for little gain).

Both can be accounted for: would you not rather see a version where these issues are accounted for? PoS is a sure way forward, but there are still many legacy chains around that do not benefit from this [0].

[0]: https://www.sciencedirect.com/science/article/abs/pii/S03014...

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toenail 973 days ago
> PoS is a sure way forward

No, PoS is a total failure. As it is not tied to reality the history of the ledger can be modified at will. There is no independent way of knowing which chain is the "real" one. There is no independent way of knowing which "validators" are valid. You can not leave the network and rejoin and be sure about the history without trusting some third party. This is the problem that PoW solved and PoS doesn't.

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dleeftink 973 days ago
What would then be a more optimal trade-off compared to current implementations, in your opinion?
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toenail 973 days ago
I'm not sure what you mean by your question. PoW solved a problem no other known system solves. There is no trade-off here.
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