The Undeniable Importance Of Climate-Neutral Blockchains

Written by jitendra-naik | Published 2021/07/04
Tech Story Tags: climate-change-and-blockchain | climate-neutral-blockchain | carbon-negative-cryptocurrency | carbon-footprint | climate-neutral-tesla | elon-musk | importance-of-climate-neutral | bitcoin | web-monetization

TLDR Elon Musk announced that they would accept Bitcoin as a payment method to buy Tesla cars. Tesla is searching for a cryptocurrency that uses <1% of Bitcoin's energy per transaction. Bitcoin miners are using fossil fuel for Bitcoin mining. Some exiting blockchains like NEAR protocol and Algorand have zero carbon footprint. NEAR Protocol is more than 200,000 times more carbon efficient than Bitcoin. To protect our environment and fight against global warming, we have to plant more and more trees, reduce the uses of all the products with any carbon footprint, and focus more on eco-friendly products.via the TL;DR App
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Written by jitendra-naik | I love AI, What about you?
Published by HackerNoon on 2021/07/04
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