Been catching up on Decred updates and re-read this interesting recent thread by u/blender_user1 "[Thoughts on alternatives to Proof of Work](https://www.reddit.com/r/decred/comments/n2sdwq/thoughts_on_alternatives_to_proof_of_work/)" mostly about Chia.
The thrust of the (interesting) thread was is there a greener way forward for DCR given negative sentiment around PoW energy use and the whole Elon miner stuff.
One response from u/atweiden left me thinking:
>As a purely academic thought exercise, Decred stakers could veto blocks produced by PoW miners who don’t provably use renewable power sources. At the cost of making Decred quasi-permissioned, this would do far more to lower the carbon footprint of wasteful PoW algos than merely swapping ASICs for HDDs.
There are big questions about veracity of info / oracles etc, but it seemed like a cool idea. Perhaps there might be a way of a renewable energy source providing some sort of proof at source - something impossible to falsify?
I'll wait for someone much smarter to tell me why this is dumb/impossible or both. Be well :)
Treasury balance: 702,029 DCR (approx +10,634 DCR/month) - $98.6 million (+$1.5M/month) based on $140.45 DCR price
New proposals Dubai Crypto Conference Participation
Published Jul 25 by sz1 | edited ...