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Is Ethereum More Environmentally Friendly Than Bitcoin?

Published 05/24/2021, 01:15 PM
Updated 05/24/2021, 01:30 PM
Is Ethereum More Environmentally Friendly Than Bitcoin?

  • Carbon-footprint breakthroughs could make ETH more environment friendly than BTC.
  • ETH and BTC both work using a proof-of-work system.
  • Proof-of-work uses the costs of purchasing and maintaining computer hardware.
  • The progress on proof-of-stake is shown by a test net.

Developers and users of the most-used blockchain have been wrangling with its carbon footprint issue. However, many recent breakthroughs will finally allow them to slowly cut energy use in a year. Notably, this breakthrough could make Ethereum (ETH) more environment-friendly than Bitcoin (BTC).

ETH and BTC both work using a proof-of-work system that needs a global network of computers running around the clock. Moreover, software developers work for years to transition the ETH blockchain to a proof-of-stake system. This system uses a different approach to secure the network that eliminates the carbon emissions problem.

However, the change was delayed by more technical setbacks that could not come soon enough for the crypto world. This weathere...

This article was first published on coinquora.com

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Latest comments

since our money isn't back by much more than paper why is our money better than cryptocurrency. Right it isn't and cryptocurrency can be used many more positive ways and why it's been so successful. Bitcoin doesn't need to be the main coin either. different coin have different ways of using them and can complement each other. The more you read about the tip 50 cryptocurrency the more it makes sense using them. Many Atm's are currently set up to take Bitcoin but in the future I see it more effective to be able to use many. Why be limited to just one coin right now. Until they find a way for one coin to take on many attributes there will remain in place and use many cryptocurrency coins.Someone needs to work on a different coin as I mentioned that will take on the attributes of many then that coin will be the dominant coin. Bitcoin shouldn't be the main coin until it's more flexible and take on more attributes.
Crypto is crypto all are the same I don't one is more environmental than others they all follow similar trench
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