kaal:claim:5225296-006

SPoS shifts the burden of consensus from energy expenditure to validator reputation, measured against a baseline of over 140 terawatt-hours consumed annually by Bitcoin as of 2023.

Source quote, verbatim
140 terawatt-hours annually for Bitcoin alone as of 2023—SPoS shifts the burden of consensus to validator reputation
From

Wulf A. Kaal, Cryptographic Foundations and Interdisciplinary Dimensions of the Secure Proof of Stake (SPoS) Conse (2025), Significance for Layer 1 Industry
https://ssrn.com/abstract=5225296 · source PDF

Cite as

Wulf A. Kaal, Cryptographic Foundations and Interdisciplinary Dimensions of the Secure Proof of Stake (SPoS) Conse (2025). SSRN: https://ssrn.com/abstract=5225296

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mechanismsupport: evidencedeconomicsconsensus-and-securitytokenomics

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