A new report by the Crypto Carbon Ratings Institute (CCRI) showcases the environmental sustainability of the TRON network. According to the “Energy Efficiency and Carbon Footprint of the TRON Blockchain” report, the highly popular TRON network only consumes as much electricity as just fifteen average U.S. households.
The Environmental Sustainability of the TRON Network
The electricity consumption and related carbon footprint of Bitcoin and other cryptocurrencies have been subject to extensive discussion in public, academia, and industry. Various estimations exist, comparing Bitcoin and other cryptocurrencies’ electricity consumption to various mid-sized countries. The problem has been known for several years, and other systems and technologies have emerged to try and solve the issue.
The consensus mechanism of Proof of Stake (PoS) is deemed superior regarding the electricity requirements compared to the traditional Proof of Work (PoW) consensus mechanisms. While it is consensus in...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...