Tezos, a self-upgradable and energy-efficient proof-of-stake blockchain with a proven track record, has today released the carbon footprint of its protocol.
According to the data unveiled by the project, Tezos’ energy consumption is as follows: Average energy footprint of 17 world citizens.
Tezos consumes approximately 2.4E-4 g CO2 eq. per unit of gas. Tezos consumes approximately 2.5 g CO2 eq. per transaction. Its estimated annual energy consumption is 0.001 TWh, Tezos consumes approximately 2.4E-4 g CO2 eq. per unit of gas, approximately 2.5 g CO2 eq. per transaction and the annual energy consumption of the protocol is estimated at 0.001 TWh.
Thanks to the low carbon footprint of Tezos, developers and users can focus on innovation without compromising sustainability. Due to the fact that the platform was designed to evolve through its on-chain governance mechanism, Tezos is efficient by design. In particular, Tezos has improved its energy efficiency by at least 70% per transaction with the estimated electricity requirement per transaction of less than 30% in 2021 compared to 2020.
PricewaterhouseCoopers Advisory SAS – a French member firm of the PwC network of member In accordance with the requirements of ISO 14040 and 14044 standards, the Tezos Life Cycle Assessment (“LCA”) – conducted by PricewaterhouseCoopers Advisory SAS – a French member firm of the PwC network of member firms – (“PwC”) looked at the energy consumption and carbon footprint of nodes on the Tezos network and was subject to a critical review by an independent expert hired by Nomadic Labs.
The LCA focused on three functional units related to running a node; making a single transaction and consuming one gas unit for a smart contract.