this post was submitted on 03 Apr 2024

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Monero

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This is the lemmy community of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all.

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Could Monero switch to a proof of stake model? (lemm.ee)

submitted 7 months ago by [email protected] to c/[email protected]

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Proof of stake is more energy efficient.

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[–] [email protected] 8 points 7 months ago

Living in a mud hut is more energy efficient.

Could monero move to proof of stake? Sure. Would it? Probably not. There are several considerations to understand and it's not as simple as "use less energy."