Community Observation: 2019.08.01

Recently, more and more cryptocurrency wallets have joined PoS chains as staking nodes. This seems to be a new way for wallets to monetize their traffic.

Wallets acting as nodes in PoS are equivalent to mining pools in PoW. By concentrating the customers’ staked tokens, wallets can better obtain the node rewards and and split the rewards with the customers. From this point of view, it seems that voting power on all public chains is going from decentralized to multi-centered.

Another mining mechanism, disk mining caught attention by being electricity-consumption-friendly. However, the common way for data centers to set up mining pools is just to remove disks from servers to provide storage services. As a cloud disk, the service efficiency may not be as good as putting the disks in the servers. So of course it’s not an efficient way to use idle resources.

It remains an unsolved question how to decentralize consensus computing power among regular people, and how to create more value out of decentralized computing power.

By 李维没有丝