Blockchain and Internet of Things (IoT) technologies have each received a lot of attention from industry researchers and investors alike over the past few years. However, it is only recently that the two technologies have begun to be considered together allowing participants to reimagine the potential for both, blockchain and IoT.

The major benefit that IoT offers blockchain is in its ability to act as a bridge between the physical and the digital worlds. In...

[Note: This post is a follow-on discussion to topics discussed in Introducing Proof-Of-StakeWork and requires some background knowledge in blockchain technology.]

In the last post on Proof-Of-StakeWork we talked about some of the advantages and disadvantages of both Proof-Of-Work (POW) and Proof-Of-Stake (POS) so I won’t go into those details here. The purpose of this post is to more fully articulate the vision and motivation behind Proof-Of-StakeWork (POSW) and to provide a little...

[Note: This post requires background knowledge in blockchain technology. We have provided links to background information.]

After determining a blockchain project’s reason for existence, the next most important decision developers and entrepreneurs must consider is the mechanism through which their network will arrive at consensus. There are many different types of consensus protocols, but the vast majority of them can be placed into one of two buckets, Proof-of-Work (POW) or Proof-of-Stake (POS). Many...

The public was aghast back in early 2018 when PwC Bitcoin specialist Alex de Vries estimated that Bitcoin servers consume more than 22 terawatt-hours of electricity per year which is comparable to entire countries such as Austria and Ireland.

To many, this was a brewing crisis that if left unchecked would render blockchains unscalable and unsustainable Even Bitcoin’s strongest supporters recognized that the energy consumption issue presented a barrier to growth and mainstream...