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Tag: energy consumption

Bank of America Says Solana Could Take Market Share From Ethereum, Become the Visa of the Crypto Ecosystem

Bank of America Says Solana Could Take Market Share From Ethereum, Become the 'Visa of the Digital Asset Ecosystem'Bank of America’s analyst says that Solana could take market share away from Ethereum. Noting that Solana is optimized for micropayments, gaming, and non-fungible tokens (NFTs), the analyst expects “Solana could become the Visa of the digital asset ecosystem.” Bank of America on Crypto, Ethereum, and Solana Bank of America (BOFA) analyst Alkesh Shah published […]

Why Proof-Of-Work Is A Superior Consensus Mechanism For Bitcoin

The proof is in the pudding when it comes to Bitcoin’s proof-of-work mechanism versus a proof-of-stake consensus mechanism debate.

The Roads To Hyperbitcoinization: Describing The ‘Transition Agents’ Bringing Us Financial Freedom

These bottom-up “transition agents,” from private business to the freedom ladder, will be what drives us all to hyperbitcoinization.

Bitcoin News: El Salvador’s BTC Sees An Erosion Of Values Worth $12 Million In Public Funds

El Salvador was the first nation that had decreed that Bitcoin was a legal currency. However, the move has not been very successful in the country, and things are turning to worse in 2022 with the value of BTC tanking. BTC saw an overall decline of 17.5% over a few weeks. The bitcoins held by

The post Bitcoin News: El Salvador’s BTC Sees An Erosion Of Values Worth $12 Million In Public Funds appeared first on CoinGape.

Iota selected for Phase 2A of EU blockchain initiative

In the coming months, Iota plans to pilot product passports for digital waste recycling and the cross-border management of intellectual property rights for artists' creative work.

Wikimedia Foundation Debates Acceptance of Cryptocurrency Donations Over Environmental Concerns

Wikimedia Foundation Debates the Acceptance of Cryptocurrency Donations Over Environmental ConcernsFollowing Mozilla’s decision to pause crypto donations due to environmental concerns, a number of Wikimedia Foundation community members have submitted a proposal that asks the foundation to stop accepting digital currency donations. The proposal explains that crypto donations “signals [an] endorsement of the cryptocurrency space,” and also says that “Cryptocurrencies may not align with the […]

US Committee Announces Hearing on Cryptocurrency Energy Consumption

The U.S. House Committee on Energy and Commerce has announced an oversight hearing on the energy impacts of cryptocurrency.

The next generation of energy and environment startups using data and AI to save the planet

Energy and environment data and AI startupsEnergy and the environment were significant threads covered at Web Summit and garner additional importance when considering the travel and accommodation footprint created by almost 44,000 attendees. It calls for greater awareness of the CO2 produced by the event and its participants. While Web Summit took place on the same

Clothing retailer Gap launches its first gamified NFTs on Tezos

Clothing retailer giant Gap has joined the league of Non-Fungible Tokens by launching its gamified NFT collection on Tezos.

The post Clothing retailer Gap launches its first gamified NFTs on Tezos appeared first on CryptoSlate.

Bitcoin ‘Energy Per Transaction’ Is A Misleading Metric

Measuring Bitcoin’s environmental impact with “energy per transaction” is misleading and disingenuous.

Kadena Deepdive! The Blockchain Trilemma solved?!

When it comes to consensus mechanisms, Proof-of-Work (PoW) is often dubbed as a relic of the past that is being replaced with other mechanisms such as Proof-of-Stake (PoS). The most common argument against PoW blockchains is that they are just too energy-intensive and costly. I’m sure you’ve heard this narrative if you’ve been in crypto […]

The post Kadena Deepdive! The Blockchain Trilemma solved?! appeared first on Coin Bureau.

Kazakhstan Shuts Down Internet Amidst Government Crisis

Internet service in Kazakhstan has been interrupted once more after the government declared its resignation. Nation-wide Internet blackout Since Sunday, thousands have taken to the streets in order to protest against the rising fuel prices in Kazakhstan. Earlier, the Kazakh government had rescinded price controls on liquefied petroleum gas, which caused the price hike. On […]

The post Kazakhstan Shuts Down Internet Amidst Government Crisis appeared first on CryptoCoin.News.

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