Page 2 - Teslacoin Review - Harnessing Energy
P. 2
Harnessing Energy: A TeslaCoin Review
As the block chain world moves away from PoW (proof-of-work) algorithms due
to energy consumption concerns and a lack of decentralization, tokens using PoS
(proof of-stake) to achieve consensus are becoming the new standard. One such
token is Teslacoin, a project aiming to disrupt the global energy sector by
incubating the technologies on the cusp of revolutionizing the way humanity
harnesses energy.
Before getting into the specific details of the Teslacoin token in the latter part of
the review, let’s first take a short detour to build a conceptual overview of the
token and how it aims to disrupt the global energy sector via the conduit of block
chain technology.