The Cardano Foundation, in partnership with the Crypto Carbon Rating Institute (CCRI), has released sustainability metrics for the Cardano network that will comply with upcoming European Union Crypto Asset Markets (MiCA) regulations.
The foundation claims that partnering with CCRI ensures the quality of its blockchain monitoring and data collection methods. The report highlights that Cardano runs on a more energy-efficient consensus protocol that consumes much less power than a proof-of-work protocol, which also provides the total annual electricity consumption and carbon footprint of the Cardano network, as well as marginal electricity demand per second per transaction.
The Cardano Foundation partners with the Crypto Carbon Ratings Institute to release MiCA-compliant cyber metrics
2024-07-02 06:43:54
Cardano foundation crypto rating research ccri collaboration releasedesk3cryptocurrencydesktopCrypto News
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