According to United Nations, both the digital coins and the blockchain technology on which they are made can be better allies against climate change with increased use of renewable energy sources to mint new units of the virtual tokens. However, bitcoin mining an energy intensive process which generates new units of the virtual tokens by solving complex mathematical equations produces large quantities of greenhouse gases and also transaction of some cryptocurrencies can consume vast quantities of energy. Do you think that transparency in blockchain can help in fighting climate change ?
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