A comprehensive approach to blockchain energy efficiency
One of the biggest criticisms of blockchain is its negative environmental impact. This eBook addresses this challenge with frameworks for making transaction processing networks more energy efficient.
To achieve this sustainability, authors Bryan Daugherty CCI, CBI, SME, BSV Blockchain Association Global Public Policy Director, and Gregory Ward, SmartLedger Chief Development Officer, developed the following:
- A set of formulas to evaluate energy consumption, transactional throughput, and mining efficiency.
- The Blockchain Energy Efficiency Rating (BEER) System for setting renewable energy usage goals and encouraging sustainability.