Signficant Increase In Energy Efficiency For Tezos

Twitter icon  •  Published 3 years ago on December 9, 2021  •  Mark Weaden

According to a PwC report, Tezos blockchain has recorded a 70% increase in energy efficiency in 2021.

Signficant Increase In Energy Efficiency For Tezos

According to a PwC report, Tezos blockchain has recorded a 70% increase in energy efficiency in 2021. With cryptocurrency networks under the spotlight with regard to energy consumption, Tezos is offering a greener solution to investors. 

The PwC report reflects significant improvements in energy efficiency, despite a rise in network activity. The liquid proof-of-stake network completed 50 million transactions while the whole network energy consumption was the equivalent of just 17 world citizens. 

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Author

Mark Weaden

Mark Weaden is a British researcher and crypto enthusiast, living in Barcelona. His work has been published on a variety of leading cryptocurrency sites.