The Most Sustainable & Energy-Saving Cryptocurrencies
Cryptocurrency's energy consumption and sustainability have become the biggest concerns from various parties in the world. Most of the general public have been badly criticizing Bitcoin's mining activities.
As a response to the negative environmental impact of Bitcoin, in order to help the public to better understand the energy consumption and sustainability differences among various cryptocurrencies, Atlantis Coin hereby provide a list of the most sustainable cryptocurrencies of the world below:
As a response to the negative environmental impact of Bitcoin, in order to help the public to better understand the energy consumption and sustainability differences among various cryptocurrencies, Atlantis Coin hereby provide a list of the most sustainable cryptocurrencies of the world below:
1. American Coin: A pre-mined cryptocurrency with "almost zero" electricity consumption and at least 99.9999% energy saving in comparison with most of the available cryptocurrencies. It is used to support the transactions of blockchain-based shopping malls and the expansion of American K-12 education worldwide.
2. Algorand: A pre-mined cryptocurrency uses pure-proof-of-stake algorithm for transactions which drives electricity consumption to almost zero.
3. EOSIO: A Proof of Stake platform that uses pre-mined EOS tokens that can be traded on standard cryptocurrency exchanges.
4. TRON: A public blockchain platform with pre-mined cryptocurrency being available to trade on DEX.
5. Hedera Hashgraph: A proof-of-stake token with 250,000 times more energy efficient than Bitcoin. It uses just 0.001 kWh per transaction, compared to 250 kWh for Bitcoin, 55 kWh for Ethereum, and 0.003 for Visa.
6. HoloTokens: Pre-mined cryptocurrency using a combination of decentralized and centralized technology and thus not a blockchain based cryptocurrency.
7. SolarCoin: Focuses on verifiably produced solar energy. SolarCoin has a novel approach to cryptocurrency, creating 1 Solarcoin for every Megawatt hour generated from solar technology.
8. BitGreen: Uses a low-energy Proof of Stake algorithm with segwit and deterministic masternodes as part of their proprietary protocol.
9. Cardano: Uses a Proof of Stake consensus mechanism where those participating in the currency buy tokens to join the network. Compared to Bitcoin’s 7 transactions a second, Cardano can achieve 1,000 per second.
10. Stellar: Enables faster, easier and more cost-effective cross-asset and cross-border transactions. Its cycle for authentication is much shorter and faster, keeping low costs and energy use.
11. Ripple: A pre-mined token used to bridge asset transfers, with the network able to manage more than 1,500 transactions per second. It uses the Ripple Protocol Consensus Algorithm (RPCA), which requires at least 80% of the network’s global validators to approve a transaction before it gets added to the XRP ledger.
12. Nano: Uses block lattice technology, relies on a Proof of Work mechanism, but the block lattice goes beyond blockchain to create an account-chain for each user on the network. It may handle as many as 125 transactions per second.
13. Burstcoin: Uses Proof of Capacity (storage space) for mining and Turing-complete smart contracts in on-chain games.
14. MetaHash: Uses multiple proof-of-stake mechanism for mining and faster transactions.
15. Chia: Uses proof-of-space-time for mining, which caused a significant shortage of hard drives in China and Chinese government had to announce the prohibition of all cryptocurrency mining and transactions throughout China.
2. Algorand: A pre-mined cryptocurrency uses pure-proof-of-stake algorithm for transactions which drives electricity consumption to almost zero.
3. EOSIO: A Proof of Stake platform that uses pre-mined EOS tokens that can be traded on standard cryptocurrency exchanges.
4. TRON: A public blockchain platform with pre-mined cryptocurrency being available to trade on DEX.
5. Hedera Hashgraph: A proof-of-stake token with 250,000 times more energy efficient than Bitcoin. It uses just 0.001 kWh per transaction, compared to 250 kWh for Bitcoin, 55 kWh for Ethereum, and 0.003 for Visa.
6. HoloTokens: Pre-mined cryptocurrency using a combination of decentralized and centralized technology and thus not a blockchain based cryptocurrency.
7. SolarCoin: Focuses on verifiably produced solar energy. SolarCoin has a novel approach to cryptocurrency, creating 1 Solarcoin for every Megawatt hour generated from solar technology.
8. BitGreen: Uses a low-energy Proof of Stake algorithm with segwit and deterministic masternodes as part of their proprietary protocol.
9. Cardano: Uses a Proof of Stake consensus mechanism where those participating in the currency buy tokens to join the network. Compared to Bitcoin’s 7 transactions a second, Cardano can achieve 1,000 per second.
10. Stellar: Enables faster, easier and more cost-effective cross-asset and cross-border transactions. Its cycle for authentication is much shorter and faster, keeping low costs and energy use.
11. Ripple: A pre-mined token used to bridge asset transfers, with the network able to manage more than 1,500 transactions per second. It uses the Ripple Protocol Consensus Algorithm (RPCA), which requires at least 80% of the network’s global validators to approve a transaction before it gets added to the XRP ledger.
12. Nano: Uses block lattice technology, relies on a Proof of Work mechanism, but the block lattice goes beyond blockchain to create an account-chain for each user on the network. It may handle as many as 125 transactions per second.
13. Burstcoin: Uses Proof of Capacity (storage space) for mining and Turing-complete smart contracts in on-chain games.
14. MetaHash: Uses multiple proof-of-stake mechanism for mining and faster transactions.
15. Chia: Uses proof-of-space-time for mining, which caused a significant shortage of hard drives in China and Chinese government had to announce the prohibition of all cryptocurrency mining and transactions throughout China.
