"Im sure most of you have seen the news about Bitcoins energy consumption. For instance, in Iceland, more energy is used to mine Bitcoin than to power peoples homes and per day the global Bitcoin network now consumes more energy than Ireland. Hence, we chose to build on the Stellar network as it is the most environmentally friendly blockchain available. For comparison, a transaction on the Stellar network only uses 0.03 Wh whereas VISA uses 1.69 Wh per transaction. Clearly, the Stellar blockchain is the perfect technology partner for our platform."
Read morehttps://datafloq.com/read/amp/blockchain-can-save-climate-poseidon/5235?__twitter_impression=true
Stellar and Visa can save energy because they are centralized services, nowadays, we have a
proof-of-stake solution to make Blockchain more environmentally friendly without the need to become centralized
Hello,
well Stellar is actually de-centrlised blockchain platform, unlike visa. In fact, Stellar uses a custom federated Byzantine agreement called Stellar Consensus Protocol which allows anyone to choose whom to trust, that means freedom and decentralisation. Stellar has fees very very cheap (almost no fees) but only to protect the network, those fees after used are given back to the community via pool inflation. So you may pay insane low fees but you receive them back, plus the Stellar Network requires the use of Lumens which means trust and value for the network, even to move other assets (because the network can have other assets even btc or xrp) you need to have Lumens.