Blockchain Proof-of-Work or Proof-of-Stake both Centralize Power and Wealth

In Proof-of-Work, if you have more money to buy more computing power, then you can perform more hashes so that you earn more money than others, which lets you invest in more computing power, and so on. In Proof-of-Stake, if you have more money to put at stake for your computed answers, you win more of the stakes, which lets you invest more stake, to win …

Blockchain Is Reimagining the Rules of the Game in the Energy Sector

August 28, 2017  |  By Douglas Miller and Claire Henly at RMI.org Through the Energy Web Foundation, RMI is supporting the commercial implementation of blockchain applications that promote investments in clean, secure, and reliable electricity systems worldwide. Blockchain technology has the potential to accelerate the transition to the clean energy future that Rocky Mountain Institute (RMI) has been focused on since the organization’s inception. Specifically, …