The environmental impact of blockchain technology, particularly regarding energy consumption, has become a critical issue. Bitcoin and other proof-of-work (PoW) cryptocurrencies require significant computational power, leading to high energy usage. However, the blockchain community is actively exploring more sustainable alternatives, such as proof-of-stake (PoS) and other consensus mechanisms that consume less energy. Ethereum's transition to PoS with Ethereum 2.0 is a significant step toward reducing the environmental footprint of blockchain. As the industry prioritizes sustainability, we can expect more eco-friendly blockchain solutions to emerge.
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