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The Bitcoin network’s massive use of electrical power to compute arbitrary values that select writers of new blocks to the chain has been a major source of anxiety in crypto communities for its waste of natural resources. Efforts to mitigate this waste, which some estimate to exceed annually the energy consumption of Ireland, consist of various alternatives to Bitcoin’s Proof of Work (PoW) approach, to be implemented in other blockchains. Most of these alternatives suffer from another fault at the heart of Bitcoin’s <a href="https://hackernoon.com/tagged/design" target="_blank">design</a>, which is reliance on governance by the rich.