- Input Output addresses why Cardano is a green blockchain.
- The experts highlighted far less energy consumption and its staking mechanism as two advantages.
- Input Output also speaks about the advantages of proof of stake.
Cardano (ADA), a prominent L1 blockchain and the seventh-largest coin by market capitalization, has garnered attention for its eco-friendly attributes. In response to various blogs discussing the “green” aspects of Cardano’s (ADA) design, developers from Input Output Global (IOG) have chosen to address these topics.
Input Output address Cardano’s green features
Input Output Global (IOG) has taken to Twitter on May 25, 2023, to assert that Cardano (ADA) should be recognized as a “green blockchain.” The claim is based on two notable advantages it holds over its L1 competitors: significantly lower energy consumption and an efficient staking mechanism.
According to Input Output Global, the adoption of a proof-of-stake (PoS) consensus mechanism in both Cardano and post-Merge Ethereum leads to a higher level of efficiency compared to proof-of-work (PoW) and its alternatives. Unlike PoW, PoS does not require block producers to dedicate excessive time and computational power to finding cryptographic hashes.
This significant difference results in lower carbon emissions and reduces the environmental impact of the blockchain. Furthermore, Cardano node software clients can be operated on affordable devices like Raspberry Pi microcomputers. In contrast, PoW blockchains rely on expensive hardware and consume substantial amounts of energy, as per Input Output.
