Binance published a blog post on Monday teaching readers how to dispel commonly cited blockchain FUD related to the industry’s energy footprint and supposed environmental harm.
As the company points out, most of the industry’s energy footprint is related to mining on the Bitcoin network, which uses a proof of work (POW) consensus mechanism….
Read More: Understanding Blockchain’s Eco-Friendly Shift: Five Steps to Clarify Energy Concerns

 

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