Dfinity Foundation says ICP consumes less energy than Cardano, launches proof of green initiative

A azygous Cardano (ADA) transaction consumes 8,598 times much vigor than a transaction connected the Internet Computer (ICP) blockchain network, according to Dfinity Foundation.

In an April 18 property connection shared with CryptoSlate, the Foundation said ICP was 1 of the greenest blockchains, adding that a azygous Google hunt consumes 4 times much vigor than a transaction connected the network.

According to the Foundation, ICP consumes little vigor than competing blockchain networks similar Solana (SOL), Avalanche (AVAX), Algorand (ALGO), Tezos (XTZ), and Cardano.

Source: DFinity

The Dfinity Foundation is the improvement squad down the Internet Computer network.

Dfinity launches impervious of greenish initiative

The non-profit blockchain has partnered with Carbon Crowd to motorboat a Proof of Green (PoG) initiative.

The PoG inaugural is designed to bring transparency and chopped greenwashing successful the blockchain manufacture by standardizing however blockchain networks study their c consumption.

Dfinity noted a increasing interest of “greenwashing” successful the blockchain manufacture arsenic astir networks assertion to beryllium the astir sustainable. However, a European Commission study recovered that 42% of website claims were “exaggerated, mendacious oregon deceptive.”

To combat this, the PoG conception gives blockchain networks the indispensable tools to substantiate their claims.

“The PoG inaugural works by measuring the energy gully of web devices. The c strength of the energy utilized by a instrumentality is determined by a fig of factors, including the vigor root e.g. coal, earthy gas, wind, solar, hydroelectric. Once the c emissions person been determined and validated, it should beryllium reported to the applicable parties, and made public. The information indispensable beryllium quality and machine-readable.”

A elder research Scientist astatine Dfinity Aisling Connolly said PoG is an vigor reporting benignant that leverages the transparency astir blockchain systems. According to Connolly, the conception should beryllium wide adopted and “should beryllium an manufacture standard.”

The station Dfinity Foundation says ICP consumes little vigor than Cardano, launches impervious of greenish initiative appeared archetypal connected CryptoSlate.