General manager of VeChain at Americas, Jason Rockwood, stated that no medium and large blockchain is as environmentally friendly as the leading blockchain platform for businesses and their native token VET.
VeChain has the Most Environmentally Friendly Blockchain Platform
A few hours ago, Rockwood tweeted the importance of the proof-of-authority (PoA) consensus mechanism and VeChain’s group of world-famous partners.
He also explicitly mentioned VeChain and DNV’s environmental protection work as well as the reduction of CO2 emissions and came to the conclusion that no blockchain platform in the crypto industry is as environmentally friendly as VeChain (VET).
Jason Rockwood tweeted, “Subtweeting everyone…. I venture to say, between our POA consensus, work with sustainability clients around the world, association with DNV’s environmental work in oceans and carbon reduction… no mid or large-cap blockchain is as green as VeChain.”
Tesla Suspend Bitcoin (BTC) as a payment method
Apparently, the recent news of Tesla’s discontinuation of using Bitcoin (BTC) as a payment method is what prompted Jason Rockwood’s recent tweet on Twitter about the best alternative to VeChain.
The news was released a few hours ago by Tesla CEO Elon Musk via his official Twitter message. The high-profile actions have sparked a lot of reactions inside and outside the crypto community.
Elon Musk wrote:
“Tesla has suspended vehicle purchases using Bitcoin. We are concerned about the rapidly increasing use of fossil fuels for Bitcoin mining and transactions, especially coal, which has the worst emissions of any fuel.
“Cryptocurrency is a good idea on many levels and we believe it has a promising future, but this cannot come as great cost to the environment.
“Tesla will not be selling any Bitcoin and we intend to use it for transactions as soon as mining transitions to more sustainable energy. We are also looking at other cryptocurrencies that use <1% of Bitcoin’s energy/transaction.”.