Hybrid IoT - overview
Proof-of-work (PoW), the consensus mechanism that secures bitcoin and numerous other cryptocurrency blockchains, has given the technology a reputation for hogging energy. Indeed, a commonly advanced argument is that an army of specialized computers all racing to solve some arbitrary math problem can wind up using as much electricity as a small country. There is a way to reshape and combine blockchain architectures including PoW, arriving at a "sweet spot" for energy efficiency, scalability and security, basically combining analytics and blockchain.
The scope of this internship is to participate in the next phase of Hybrid IOT, investigating the next generation of consensus protocols and their combination with the sweet spot settings.
2) Distributed systems