Ethereum became greener, What’s next for NFT?

As part of this update, Ethereum switched from a proof-of-work system that requires a lot of computing power to “mine” Ethereum to a proof-of-stake system that lets users validate new blocks on the chain (the so-called permanent ledger) and earn new Eth tokens by staking existing Eth tokens.

New studies show that Proof-of-Stake will cut CO2 emissions from Ethereum by 99.99%. On its website, Ethereum compares the switch to how much electricity Finland uses in a year.

Proof-of-stake isn’t something new; both Tezos ...