Ethereum cryptocurrency to slash carbon emissions

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.