Tezos blockchain notes power savings after PoS switch: PwC report
The switch to proof-of-stake has had noticeable energy saving effects for the Tezos network. Tezos, a privacy-focused blockchain network, released its carbon footprint report from PricewaterhouseCoopers Advisory SAS, a French member firm of the PwC network. The PwC report reflects drastic improvements in energy efficiency for Tezos since moving from a proof-of-work (PoW) to a proof-of-stake (PoS) mining consensus. The PwC report highlighted a significant decline in carbon emission by Tezos network despite a rise in network activity. The Tezos blockchain accounted for 50 million....
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Manchester United players have wore their new training gear for the first time following the club’s agreement with Tezos on a lucrative new contract. Manchester United Partners With Tezos Manchester United confirmed today that it has struck a new partnership agreement with blockchain company Tezos, as reported last week. The blockchain platform will pay $27 […]
Tezos blockchain has reportedly agreed to a training kit sponsorship with Manchester United in a deal that will see the latter receive over $27 million per year. This deal adds to Tezos’ growing list of sports teams it has sponsored since May 2021. Tezos’ Investment in Sports The most successful football club in the English Premier League, Manchester United, is reported to have signed a training kit sponsorship deal with Tezos blockchain. As part of this agreement, Manchester United will reportedly receive over $27 million per year, or £20 million. In exchange, Tezos....
One Ethereum transaction uses enough energy to power a house all day, but how much does the fiat financial system use? In contrast, a transaction on Tezos takes 0.0016 kWh or less than the energy required to charge an Apple Tablet for 10 minutes. 100 Tezos transactions is equivalent to driving 10 km in a Tesla Model 3. The energy use of the entire Tezos network is approximately equivalent to two households in the U.S. for the whole year. One question, though, is how competing blockchains such as Tezos, Polkadot and Solana will perform on the market once Ethereum transitions to....
Tezos NFTs are among the trendy collectibles recently. The popularity of the Tezos BFT ecosystem has grown due to its low mining cost and energy efficiency. The NFT space is receiving more attention over the years. Many companies have dived into the sector as businesses and individuals develop an increasing interest in NFT collectibles. While […]