Energy Efficiency in Blockchain Social Networks
R Vaishnavi., C Athira, Pradeep Chaitanya Jasti, Sankalpkumar Sankalpkumar, E. Prasanna, Srikanth V · International Journal of Research Publication and Reviews · 2024
An age of decentralized, safe, and transparent online communication is promised by the rapidly growing popularity of social networks built on block chain technology.Unfortunately, this vision is hampered by the energy-hungry nature of the conventional Proof-of-Work (PoW) consensus algorithms found in many blockchains.This research explores the important topic of energy efficiency in blockchain social networks and analyzes the main causes of their high energy usage.We shed light on how several elements, including PoW mechanisms, network traffic, data storage, and user behaviour, interact to shape an individual's environmental footprint.