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Cardano Ecosystem

Elevenews

05/26/2023

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Cardano Emerges as the Greenest Blockchain Powering the Billion-Dollar Market, Poised to Shape a Carbon-Zero Future and Foster Global Sustainability - ELEVENEWS

Cardano has been dubbed by many key players and leading publications as the greenest blockchain for multiple reasons. As the world begins to gravitate towards a greener path, Cardano is making waves for...

Cardano Emerges as the Greenest Blockchain Powering the Billion-Dollar Market, Poised to Shape a Carbon-Zero Future and Foster Global Sustainability - ELEVENEWS

Cardano has been dubbed by many key players and leading publications as the greenest blockchain for multiple reasons. As the world begins to gravitate towards a greener path, Cardano is making waves for pioneering sustainability in the blockchain ecosystem.

As IOG noted in a recent Twitter thread, Cardano’s staking mechanism and energy consumption levels are two of the main benefits that the Cardano network offers the industry.

Why have commentators in newspapers and investing blogs such as the Motley Fool called #Cardano the ‘green blockchain’?

Cardano has two clear advantages: far less energy consumption, and its staking mechanism.
🧵1/n

— Input Output (@InputOutputHK) May 25, 2023

A large number of blockchain networks run on the Proof of Work consensus mechanism, Cardano and a handful of other blockchains run on the Proof of Stake mechanism. The PoS mechanism is an alternative to PoW that is considered to be way more sustainable.

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Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.


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