Cryptocurrency ethereum plans to cut carbon emissions by 99% with upgrade
by Alex Hern UK technology editor from Technology | The Guardian on (#630ZB)
The merge' project will end role of miners in blockchain ecosystem to help reduce electricity usage
Ethereum, the second largest cryptocurrency, will complete a plan to lower its carbon emissions by more than 99% in the next month, the foundation that controls the platform has confirmed.
The project, called the merge", will result in ethereum switching the underlying technology it uses for validating crypto transactions to a new process that requires less energy to manage.
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