Environment

Environment

Environmental policy & impact.
Ethereum's reduction in energy consumption.

The Merge

As a blockchain oriented startup, we want to acknowledge the global concerns about climate change that sometimes single out cryptocurrencies for their environmental impacts. 

  • Ethereum Mainnet uses proof-of-stake, but this wasn’t always the case.
  • The upgrade from the original proof-of-work mechanism to proof-of-stake was called The Merge.
  • The Merge refers to the original Ethereum Mainnet merging with a separate proof-of-stake blockchain called the Beacon Chain, now existing as one chain.
  • The Merge reduced Ethereum’s energy consumption by ~99.95%.

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The Optophonia Festival of Electronic Music, Performance Visuals and Audiovisual Culture