HomeBusinessBlockchain Climate Discussion Focus Is Missing Point By Cointelegraph

Blockchain Climate Discussion Focus Is Missing Point By Cointelegraph

Facebook
Twitter
Pinterest
WhatsApp


As the non-fungible tokens craze took off at the beginning of the year, many weather conscious artists he vocalized his disapproval of Ethereum’s power consumption. In May, Elon Musk derailed (BTC), citing the energy consumed by Bitcoin as the cause of Tesla (NASDAQ 🙂 to withdraw your plans to accept BTC as payment for your electric cars.

Both events have sparked a lot of debate within and outside of the blockchain community. In particular, the arguments tend to focus on two areas: Bitcoin’s energy consumption and its reliance on climate-damaging fossil fuels versus renewables, and second, the benefits of one blockchain platform over another, generally focusing on consensus models and promoting proof-of-stake as the greenest option.

Frosty Hawkins (NASDAQ 🙂 is the founder and CEO of Cudo Ventures, a global cloud computing and monetization software provider, and Cudos, a decentralized cloud computing network that bridges the gap between cloud and blockchain by recycling the world’s idle computing power. . He previously founded C4L in 2000, which was acquired in 2016 and was one of the UK’s fastest data center ISPs, supporting around 1% of the UK’s internet infrastructure, and was the winner of many fast-growing awards. including: The Sunday Times Tech Track 100, Deloitte UK Technology Fast 50 and Technology Fast 500 EMEA UK, and many more.

Continue reading on Coin Telegraph

Disclaimer: Fusion Media I would like to remind you that the data contained on this website is not necessarily real time or accurate. All CFDs (stocks, indices, futures) and Forex prices are not provided by exchanges but by market makers, so the prices may not be accurate and may differ from the actual market price, which means that prices are indicative and not appropriate for commercial purposes. Therefore, Fusion Media assumes no responsibility for any business losses you may incur as a result of the use of this data.

Fusion Media or anyone involved with Fusion Media will not accept any responsibility for loss or damage as a result of reliance on information, including data, quotes, charts, and buy / sell signals contained on this website. Be fully informed about the risks and costs associated with trading the financial markets, it is one of the riskiest forms of investment possible.

Facebook
Twitter
Pinterest
WhatsApp
RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Most Popular