As climate change becomes a burning issue in society, the environmental impact of blockchain technology is increasingly questioned. The European Union requires crypto exchanges to report the carbon footprints of listed coins. With over 2.4 million cryptocurrencies in circulation, accurately estimating their carbon footprint is a formidable challenge that the DLT Science Foundation (DSF) has been tackling. 

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In our webinar, Juan Ibañez, our Chief of Staff at DLT Science Foundation presented a robust, science-based methodology that serves as the foundation for computing the energy consumption of blockchain technologies. He delved into the intricacies of precise estimation and environmental metrics for the Proof of Stake (PoS) mechanism, highlighting the challenges and surprising results encountered along the way.

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Missed the webinar? Don't worry, you can watch it here

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Key discussion points:

• Energy consumption of PoS mechanism
• Bitcoin carbon accounting challenges
• Renewable energy and Bitcoin mining

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Whether you are a blockchain enthusiast, an environmental advocate, a professional in the tech industry or simply curious about the topic, we would love for you to  join us. This event promises to offer valuable insights into the intersection of blockchain technology and environmental sustainability.

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The opinions and thoughts expressed in this webinar reflect the author's views alone and are not endorsed by DLT Science Foundation or Exponential Science Foundation.

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