ConsenSys announces Palm, an Ethereum-connected NFT ecosystem, and claims its new protocol can deliver 99% more energy efficiency than proof of work systems (Will Gottsegen/Decrypt)

Will Gottsegen / Decrypt:
ConsenSys announces Palm, an Ethereum-connected NFT ecosystem, and claims its new protocol can deliver 99% more energy efficiency than proof of work systems  —  The blockchain software development company says its Ethereum sidechain, Palm, is “99% more efficient than Layer 1 Ethereum.”



from Techmeme https://ift.tt/3rBbHy1
via IFTTT

Comments

Popular posts from this blog

6 investors discuss why AI is more than just a buzzword in biotech

Voiceflow, a Canada-based SaaS platform that lets companies launch their own voice and chat bots, raises $20M Series A led by Felicis Ventures (Igor Bosilkovski/Forbes)

Ex-staffers say Twitter's mass firing of security staff and growing reliance on automation will help China and other authoritarian regimes in silencing critics (Adam Rawnsley/Rolling Stone)