NFTs and their environmental toll, explained ⤵️
more energy than other tasks involving the click of a button—like posting a tweet, sending an email, or even watching an hour of Netflix—there’s arguably more nuance to their current and future environmental impact than such comparisons might suggest.
Creating , buying, or selling an NFT on Ethereum requires “gas,” a unit that determines the price someone must pay to make a transaction on the blockchain, based on the amount of energy that transaction uses. Every transaction is included in a “block” on the chain, so together all of these blocks form a complete record of each transaction ever made on that blockchain. Blockchains like Bitcoin and Ethereum are “proof-of-work” based systems.
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