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Dfinity Foundation Says ICP Consumes Less Energy Than Cardano, Launches Proof of Green Initiative

A single Cardano (ADA) transaction consumes 8,598 times more energy than a transaction on the Internet Computer (ICP) blockchain network, according to Dfinity Foundation. In an April 18 press statement shared with CryptoSlate, the Foundation said ICP was one of the greenest blockchains, adding that a single Google search consumes four times more energy than a transaction on the network.

According to the Foundation, ICP consumes less energy than competing blockchain networks like Solana (SOL), Avalanche (AVAX), Algorand (ALGO), Tezos (XTZ), and Cardano.

The non-profit blockchain has partnered with Carbon Crowd to launch a Proof of Green (PoG) initiative. The PoG initiative is designed to bring transparency and cut greenwashing in the blockchain industry by standardizing how blockchain networks report their carbon consumption.

(by Oluwapelumi Adejumo)

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