San Francisco's largest tech employer is headed into the complex world of carbon credits. Salesforce (NYSE: CRM) kicked off its Dreamforce conference on Tuesday by introducing the company's new marketplace for a first-of-its-kind carbon credit marketplace — dubbed Net Zero Marketplace — focused on climate action and companies trying to reach net zero. The new marketplace for carbon credits will aggregate offset providers and rating agencies and aims to make carbon credit purchases more transparent. Read More...
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Did the Ethereum Merge Drop ‘Worldwide Electricity Consumption’ by 0.2%?
Last week, hot off the heels of the Merge, a complicated plan to swap Ethereum’s infrastructure without interrupting the multibillion-dollar cryptocurrency network, Ethereum’s co-founder Vitalik Buterin reshared data suggesting “worldwide electricity consumption” could be reduced by 0.2% as a result. This talking point, originally discussed by Ethereum researcher Justin Drake, was picked up by U.S. congressmen, technologists and Ethereum’s community, who are right to celebrate the network’s vastly smaller carbon footprint. Proof-of-stake, Ethereum’s new algorithm for processing transactions, would use approximately 99% less power than the proof-of-work (PoW) system Ethereum used to run.
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