Ethereum decreased its annual CO2 emissions by over 21M tons
Over 109M more trees would have been needed to offset Ethereum’s CO2 emissions prior to its switch to a more efficient consensus.
Ethereum switched to a Proof-of-Stake (PoS) consensus last year in an event called The Merge. Regardless of personal views on Ethereum and the wider blockchain and web3 space, The Merge was broadly seen as an incredible feat of open-source engineering.
The Merge is the first major step on the road to Ethereum 2.0 which aims to tackle the...