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Tezos blockchain notes power savings after PoS switch: PwC report

PublisherPublisher
CoinTelegraph

Tue, Dec 07, 2021

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Aliens TLDR

Tezos blockchain accounted for 50 million transactions while, according to the report, the whole network constituted an energy footprint of 17 world citizens.

There has been a significant increase in the number of blockchain networks making a switch from PoW to PoS owing to energy consumption issues and scalability complexities.

Most of the blockchain networks making the switch are looking to steer clear of the energy consumption FUD associated with the PoW mining consensus

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