There isn’t a day that goes by when I don’t see thousands of tweets about a meme coin trending on Twitter. Who knows, maybe if Elon Musk buys Twitter, he’ll pay to set something up for Doge. There are plenty of other good choices, but no one seems to care!!
While we all believe that crypto/blockchain is the way of the future, it’s difficult to ignore how wasteful bitcoin and the crypto market as a whole are. As the industry expands, so does its negative impact on the environment, which I believe is one of the industry’s only major flaws.
I understand that bitcoin is the main offender because of its proof-of-work system, but are there any ways to make it more sustainable? I’m not just talking about mining with renewable energy. Is there any way to reduce our energy consumption in particular?
What businesses should be formed to assist in the solution of this problem?
Monero is superior to Bitcoin, and I believe it is exactly what Satoshi intended. There’s no need for ASICS to waste energy because with Monero, anyone with a basic CPU can secure the network.
There are already eco-friendly cryptos such as XLM, ALGO, Bob eco coin, and NANO. Why not imitate them?