- Jul 26, 2021 12:06 pm GMT
The two largest market cap cryptocurrencies, Bitcoin and Ethereum, have limitations which mean that they are not ideal for blockchain-based energy trading. Newer "alt-coins" like Solana offer lower energy costs, reduced transaction fees and greater scalability so will be more likely to innovate in energy-trading markets in the future.
Australian power blockchain pioneer Energy Ledger is moving its Power Blockchain system from Ethereum to more environmentally-friendly and faster-transacting Solana token for buying and selling renewable energy.
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