Safenet and Electricity Consumption Question


#1

Overall electricity consumption seems to be a hot topic these days. Will the SAFEnet have similar electricity consumption issues like btc?

SAFEnet farm vs btc mine


#2

No, it doesn’t use a blockchain or proof of work, so it’s going to be energy efficient. Only a few nodes are involved in each transaction so it can handle lots of transactions, without fees, at high speed, and using very little energy.


#3

In the safe network people are rewarded for supplying data not for supplying hashes like the miners - so it incentives efficient storage/data supply solutions and not efficient hashing rates =)


#4

This is one of the things mentioned in the Maidsafe Marketing Strategy H1 2018 topic.