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

[Jenelle Doloris]

It's no longer a secret for anyone that cryptocurrency is the money of the future. But, it is possible that this technology will cause a massive damage to the environment. Cambridge University experts have concluded that mining is the largest environmental issue.

Bitcoin, for example, consumes more electricity per unit than Argentina's whole, so it is unlikely that this figure will decrease in the near term.

In 2024, the greenhouse effect of mining farms situated in China will be greater than the greenhouse effect of Phillipine. Bitcoin was the first cryptocurrency to use proof-of-work technology. Like other new technologies the technology isn't perfect. Today, more advanced blockchain platforms make use of proof-ofstake technology.

What is Proof of-Work and proof-of-Stake?

Proof-of-Work and Proof-of-Stake

These are the most frequently used cryptocurrency. They are able to provide mechanisms with different significance about the proof of the work performed.

Proof-of-Work is a method of protecting the cryptocurrency network based on the notion of identifying solutions to important tasks that its users must complete.

Proof-of-Stake, a crypto network security system that secures cryptocurrency networks. This is when the block-forming participant is determined by his proportion of the total number of coins.

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

Does Cardano use PoS technology?

For instance, Cardano is a 3rd generation public blockchain. Where developers and creators solve problems like (scalability, consumption of large amounts of energy) Cardano uses modern Proof-of-Stake technology, which consumes much less energy. It is also important http://www.bbc.co.uk/search?q=crypto to note that the ADA Cardano cryptocurrency is not mined, i.e. simply put, it is not mined as, for instance like Bitcoin.

Cardano is really a new generation cryptocurrency.

Cardano Charles Hoskinson

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

"Cardano Forest has been 100 percent funded. One million trees will be registered on the Cardano blockchain. The success we have achieved is proof of environmental restoration activities," wrote Frederik Gregaard the CEO of the Cardano Foundation, on his Twitter account.

What is Veritree?

Veritree is a startup that assists businesses, organizations and consumers to bring funds to restore the earth's ecosystem. Veritree is a start-up working with organizations that are growing plants and standardizes the gathering of information, management, loading verification delivery, as well https://crypta.news/%d1%87%d0%b5%d1%80%d0%bd%d1%8b%d0%b9-%d0%b4%d1%80%d0%b0%d0%b3%d0%be%d1%86%d0%b5%d0%bd%d0%bd%d1%8b%d0%b9-%d0%ba%d0%b0%d0%bc%d0%b5%d0%bd%d1%8c-%d0%b2-555-%d0%ba%d0%b0%d1%80%d0%b0%d1%82-%d1%81%d0%b0/ as verification of information.

What is the secret to it?

It's very easy. Veritree is a cryptocurrency startup and the Cardano Foundation plant a tree for every TREE token that is exchanged to purchase an AD token. Each TREE token is one tree. Minimum purchase amount is fifteen ADA tokens. The TREE token can be exchanged for digital trees and non-interchangeable tokens (NFT).

According to the most recent data from the startup Veritree the biggest sale value was 100,000 ADA (which is about $111 thousand).