Zug, June 15, 2022 (GLOBE NEWSWIRE) -- As the climate change agenda pushes in the whole world, asking what improvements can be done towards carbon footprint is something that many consumers and corporations have been doing for the past years. This also includes the case of blockchain, since Ethereum and Bitcoin are already known for using more electricity than whole nations. But is this really a dead end for cryptocurrencies?
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In fact, there are several blockchain platforms that are using new strategies to reduce their impact on the environment. While some may use clean energy resources (such as the sun, wind, or water), other platforms may be adjusting their own technology to make it more power-efficient. This is the case of the Takamaka blockchain, a platform developed by the company AiliA in 2018.
Spokesperson of AiliA, Professor Nicola Fausto Spoto is an expert in languages and techniques for the development and analysis of smart contracts in blockchain. He explains that energy saving is something guaranteed by the type of algorithm the Takamaka blockchain uses: the Takamaka Proof-of-stake (TPoS).
https://finance.yahoo.com/news/spokesperson-takamaka-professor-nicola-fausto-111100984.html
