Обрушение S&P 500 на 50%: самые популярные инструменты и новости

[Maclean Schneiderman]

Anyone knows that crypto is the money of the future. But, it is possible that this technology will cause enormous damage to the natural environment. Cambridge University experts have concluded that mining is the biggest environmental concern.

For example, Bitcoin consumes more electricity than the whole of Argentina and it's likely that this number will diminish in the near future.

In 2024, the greenhouse effects of mining farms located in China will be greater than the greenhouse effects of Phillipine. Bitcoin was the first cryptocurrency that utilized technology known as proof-of-work. But, as with all new inventions it is not ideal. Presently, more modern blockchain platforms are using proof of stake technology.

What is the difference between Proof of Work and Proof-of Stake?

Proof-of-Work and Proof-of-Stake

These are the most widely used cryptocurrencies. Both technologies provide different proofs of the work.

Proof-of-Work technology is used for protecting the cryptocurrency network based on the concept of finding solutions for the necessary tasks by кардано its participants.

Proof-of-Stake is a method of protecting cryptocurrency networks in which the block's participant within the chain is identified according to his share of coins in their total number.

Both systems have their advantages and disadvantages. PoW technology is extremely power-intensive, resource-intensive, and therefore, modern blockchains prefer PoS.

Does Cardano use PoS technology?

For example, Cardano is a 3rd generation public blockchain. Cardano is a third generation public blockchain which solves issues such as (scalability and large power consumption) Cardano uses Proof-of-Stake technology that requires less energy. It is important to remember that the ADA Cardano cryptocurrency has not been mined. in simpler words it's not mined, as in like Bitcoin.

Cardano is a brand-new cryptocurrency.

Cardano Charles Hoskinson

The Cardano Forest eco project, together with the non-profit Cardano Foundation, has raised funds since the 10th of January 2022, to plant 1 million trees in Madagascar, Indonesia, Kenya, Nepal, and Haiti through the ADA cryptocurrency.

"Cardano Forest has been 100 100% funded. One million trees will be registered on the Cardano blockchain. Our achievements are proof that we have done our part to restore the environment," wrote Frederik Gregaard, CEO of the Cardano Foundation, on his Twitter page.

What exactly is Veritree?

Veritree is a company which assists businesses, companies as well as consumers to raise funds to rebuild the earth's ecosystem. Veritree is a startup that works with plant-growing organizations and standardizes the gathering of information, management, loading verification, delivery, and verification of information.

What's the secret? it?

The system is quite easy to use. Veritree is a startup in cryptocurrency, and the Cardano Foundation plant a tree for every TREE token which can be exchanged against an AD token. Each TREE token makes one tree. The minimum amount for purchase is 15 ADA tokens. The TREE token can then be exchanged for non-interchangeable tokens or digital trees (NFT).

According to the most recent data from the startup Veritree The largest sales amount was 100,000 ADA (which is about $111 thousand).