Cryptocurrency Could Go Green With Proof-Of-Stake Verification Model

A delight to hop on television with Newsy out of Chicago to help drive understanding of Proof of Stake's simple solving of the climate impact of blockchain. Also got to continue crafting the narrative that greening bitcoin is the way forward for ETFs, large buyers and any company concerned with ESG.

"But, in a proof-of-stake system, those who validate transactions are picked based on how many coins miners hold rather than computational power. "It fundamentally is a silver bullet for emissions. You're going from a blockchain that's secured by robust electricity usage to a blockchain thats secured by a different economic imperative of staking your coins," said Joseph Pallant, Founder and Executive Director at the Blockchain for Climate Foundation."

https://www.newsy.com/stories/how-cryptocurrency-mining-could-go-green/