Real conversations about blockchain sustainability require better data
Sustainability. It has become a loaded topic generally and even more so in the blockchain industry. Unfortunately, the mainstream conversation has led to a lot of misconceptions about blockchain’s environmental impact. Regardless of how familiar one is with the applications of blockchain technology or use cases for cryptocurrency, mentions of blockchain and proof-of-work consensus mechanisms are now synonymous with high energy use—without a parallel focus on the actual value being generated behind the energy use.