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Tag: Proof of Stake


An Open Letter to News Media, Journalists, and Podcasters : There’s more to the Blockchain story!

By now I’m used to sighing and bracing myself when popular media covers blockchain technology news. No matter what the actual story is, someone will squeeze in a contemptuous sneer or dismissal: Bitcoin uses more energy than Argentina! Crypto is killing the planet!

But I dare say I hoped for better from my favorite podcast “about the internet”. There’s a treasure-trove of great stories about blockchain to tell - if you’re willing to look past the blooper reel! Blockchain is not just digital money. Nor is it just strange NFT fads. More to the point: it’s NOT a foregone conclusion that it must be an energy hog!

The consensus/security mechanism used by Bitcoin & Ethereum is called proof-of-work, and indeed,…

Introduction to Ethereum and Cardano

An anonymous group of developers debuted the Bitcoin network in 2009. They used cryptography, proof of work, and decentralized computer networks. The principles that…

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