While Ethereum has been scrambling for several years to move across to the Proof-of-Stake protocol, one protocol is light years ahead with its POS energy-efficient consensus that was built from the ground up. TRON has recently ranked as one of the most environmentally friendly blockchains in the entire Web3 arena, no small feat. That’s according to a new research paper by the Crypto Carbon Ratings Institute, which shows that TRON is more friendly to the environment than many of its counterpart chains, including Ethereum, Bitcoin, Solana, Cardano, Avalanche and many more well-known chains.
A carbon zero future
Energy consumption has become well-entrenched in the minds of almost everyone, from businesses, governments and even households as the world races to zero carbon outputs. The blockchain for the most part has fallen behind this important ethos, with transactions on chains like Bitcoin and Ethereum guzzling as much energy as a small European city. In comparison, the report showed that the energy used by TRON’s protocol equates to the energy usage of 15 average U.S. households versus Bitcoin’s 8.5 million U.S. households and Ethereum's 1.6 million U.S. households, respectively.
More specifically, the energy consumed by PoW blockchains like Bitcoin and Ethereum is over 83 and 22 million kWh, respectively. In comparison, TRON showed an annual consumption of just 162,868 kWh. This represents a mind-boggling 99.9% less energy than the energy consumed by Bitcoin and Ethereum.
One of the greenest protocols
For a chain like TRON, this was one of the first parameters they considered right from the start and thanks to their Delegated Proof of Stake (DPoS) consensus mechanism, they have managed to achieve the status of one of the greenest protocols in Web3.
The Founder of TRON, H.E. Justin Sun was perhaps light years ahead of many of his peers when devising and creating one of the most efficient, fastest and also competitively priced protocols. According to him,
“The growing amount of energy consumption of modern-day blockchains is not sustainable in the long term for neither users nor economies at scale. The best networks are the ones that can promote decentralization while keeping their carbon footprint low in order to help lead the world into a greener future.”
TRON network hosts over 4,000 Decentralized Applications (dApps) and over 100 million user accounts. The bar chart below shows the comparison of energy consumption of some of the most popular networks.
(Different blockchains’ energy consumption)
According to the co-founder and CEO of CCRI, Uli Gallersdörfer, “Our measurements have shown that the TRON network’s electricity consumption and carbon footprint are among the lowest in the peer group. Furthermore, transparency on node locations allowed us to produce an estimate with higher accuracy compared to previous studies.”
(Different blockchains’ carbon footprint)
As the world continues running towards an energy-efficient future for the protection of the planet, networks like TRON’s can be proud of their part in pushing sustainability for the planet in line with security and reliability.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice
Monerium Partners With Camino Network to Drive On-Chain Payments in the Travel Industry
Backed, Chainlink, and Sonic in Revolutionary Collaboration to Tokenize Fortlake's Sigma Fund