Article 5J0JB Ethereum cryptocurrency to slash carbon emissions

Ethereum cryptocurrency to slash carbon emissions

by
Alex Hern UK technology editor
from Technology | The Guardian on (#5J0JB)

Project says it is months away from new infrastructure model that would use a hundredth of the energy

Ethereum, the second largest cryptocurrency after bitcoin, is just months" away from shifting its underlying infrastructure to a new model that would slash its carbon emissions a hundredfold, the project has announced.

Since Ethereum also provides the infrastructure for a host of other cryptocurrency-related projects, including many non-fungible token platforms, the change could radically improve the energy efficiency of the sector.

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