Cardano (ADA) Grows Stronger With Alonzo Upgrade and Green Blockchain Initiative
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The Independent, a British online newspaper that was established as a national morning printed paper, has covered Cardano (ADA), the 5th largest cryptocurrency by market cap, as an alternative to the flagship crypto, Bitcoin (BTC).

The mainstream newspaper also acknowledged the fact that Cardano (ADA) will serve as a means to reduce the significant impact of cryptocurrencies, especially Bitcoin, on the planet. This was shared with the community a couple of hours ago via the ever-growing Cardano subreddit.

Read Also: Analyst: Cardano (ADA) DApps Have Potential to Go Parabolic Once Support for Smart Contracts Launches

The Topic related to Bitcoin’s carbon footprint revived by Elon Musk, the CEO of Tesla, has been a hot discussion within and outside the crypto ecosystem over the past couple of days.

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Elon Musk decided to stop the use of Bitcoin (BTC) for the purchase of Tesla cars, citing the excessive use of fossil fuel by Bitcoin miners, rather than renewable energy.

This action immediately crashed the price of Bitcoin and other cryptocurrencies in the market, except Cardano (ADA), a digital currency powered by an energy-efficient protocol, proof of stake (PoS).

Read Also: This Is Why Decentralization Is So Important To Cardano (ADA)

Cardano (ADA) Is a Solution to Negative Impact of Crypto on the Planet

The report was aired by Louise Boyle, a Senior Climate Correspondent in New York for The Independent. The video compared the energy consumption of Bitcoin (BTC) to that of traditional payment networks.

The report acknowledged that Cardano is already solving the problem from where Bitcoin failed since the flagship cryptocurrency is not making any effort to upgrade its network.

Read Also: Cardano’s Charles Hoskinson Wants to Fix Dogecoin (DOGE) For Elon Musk

The report also referenced the claim that Cardano (ADA) is 4 million more energy-efficient than Bitcoin (BTC):

“Some companies are trying to alleviate the emission impact. A new digital currency, Cardano, claims to be 4 million times more energy-efficient

than Bitcoin thanks to its unique ways of validating transactions.

“Because they already running on another algorithm called proof of stake (PoS), they don’t have incentives for people to use a lot of specialized hardware and waste lots of energy because that’s not needed for the protocol.

“So, you can say those alternatives (such as Cardano) are already green. The second-largest cryptocurrency of the moment, Ethereum, is working on implementing such as change as well, but Bitcoin is not making any effort at all.

Read Also: Cardano Is Already a Big Play-Maker in the Crypto Space –Weiss Crypto Ratings Analyst

“It seems unlikely that the environment-unfriendly method used to produce Bitcoin is not going to change any time soon, the solution to reducing the cryptocurrency significant impact on the planet may be found in the old-fashioned market competition, such as Cardano (ADA) and Ethereum (ETH), and advancing renewable energy sources.”

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Solomon Odunayo

By Solomon Odunayo

Solomon Odunayo is an accomplished blockchain and cryptocurrency expert at Herald Sheets, known for his in-depth analysis and engaging articles that cater to both beginners and experienced readers. With a degree in Computer Science from the University of Lagos, Solomon leverages his technical background and keen understanding of the crypto space to provide readers with valuable insights and up-to-date news. His passion for innovation and commitment to staying current with industry developments make him a trusted voice in the digital currency community.