Vitalik Buterin: Ethereum 2.0's PoS Consensus Model Will Significantly Reduce Carbon Footprint
You have successfully joined our subscriber list. As the debate for cryptocurrency’s energy use catches fire, Ethereum’s transition to the Proof-of-stake (PoS) consensus model is likely to reduce its carbon footprint to a great extent. On Thursday, May 27, Ethereum co-founder Vitalik Buterin spoke on the ongoing debate of carbon emission contributions through crypto mining. The debate has caught fire once again with Tesla recently pulling out of Bitcoin payments. The Bitcoin and Ethereum blockchain both use the Proof-of-Work (PoW) that requires high mining power. However, the Ethereum net...
Source: coinspeaker.com