TRON emerges as a leading green blockchain
The Tron network has emerged as one of the most environmentally friendly blockchains in the entire Web3 ecosystem, according to a report by the Crypto Carbon Ratings Institute (CCRI). According to the findings of a study conducted by CRI, a research organization whose primary focus is on reducing carbon emissions associated with cryptocurrency projects, the TRON blockchain does a better job of optimizing its ecological footprint than Ethereum, Bitcoin, Solana, Cardano, Avalanche, Algorand, and a significant number of other mainstream cryptocurrencies.
PoS and TRON’s amazing performance
According to the study, the TRON network’s innovative Delegated Proof of Stake (DPoS) consensus process is responsible for its small carbon footprint. Bitcoin and Ethereum, two types of Proof-of-Work blockchains, need more than 83 and 22 million kWh of energy, respectively. In comparison, TRON only uses 162,868 kWh of electricity each year. That’s 99.9% less energy than Bitcoin and Ethereum need.
To put that into perspective, TRON uses as much electricity as 15 average American homes. Bitcoin and Ethereum, on the other hand, soak up enough power to support 8.5 million and 1.6 million American homes, respectively. The most successful networks, according to the paper, are those that promote decentralization while maintaining a small carbon footprint, as this will allow them to guide the global community towards a more sustainable future.
Furthermore, TRON outperforms other “greener” blockchain networks. Compared to other blockchains like Solana, Cardano, Algorand and Avalanche, it is still a better eco-friendly option. The carbon footprints of the three blockchains are 934.77, 286.41 and 243.52 tCO2e respectively. However, the TRON network only produces 69.47 tCO2e emissions.
To validate transactions on the TRON network without a dedicated hardware node, users stake TRX, the original token. Nations are becoming more concerned about climate change and global warming. Therefore, they are likely to continue to motivate companies, projects and individuals to move away from high-energy solutions. Energy efficiency is another area where TRON DAO has proven to be a front runner, paving the way for a greener and more efficient economy.
In December 2021, the TRON network reached full decentralization and transitioned to a community-driven DAO. TRON has just unveiled USDD, a decentralized stablecoin that is heavily backed by security. Currently, there are more than 100,000,000 active users on the network and the number continues to grow.
