Post
Topic
Board Announcements (Altcoins)
Re: NXT :: descendant of Bitcoin - Updated Information
by
Uniqueorn
on 26/01/2014, 13:03:48 UTC
Focusing more on the green angle of NXT.


As everyone worthy of attention knows: global warming is a increasingly serious issue on this relatively small planet of ours and so everyone is looking for energy efficiency.
As most of us NXTers already know: NXT requires almost zero energy compared to altcoins. At first this might not seem like a big deal because "How much could the other altcoins really consume anyway?" To which the sad truth is: A LOT. A LOT even in the global perspective.
There are some math here: www.bitcarbon.org which shows just how ridiculous Bitcoin mining and all mining coins really is.
They are like the coal/oil of cryptocurrencies while we are the future solar/fusion powered clean crypto.

This is a ever increasing big issue in a world that is desperately looking for ways to save power.
How can Bitcoin/Anycoin be the future of economics if it relies on 19th century like primitive technology that ruins our planet? It can't.

We should really start pushing this angle and perhaps even donate to some green projects to really make our mark as the environmentally friendly futuristic currency.

Should we make a video about this? I think so. Where we outline just how ridiculous the energy consumption of the coins are compared to NXT.
Someone over at nextcoin.org calculated that NXT is ~2000 times as energy and cost efficient as Bitcoin. That is HUGE