Dapper Labs: Minting NFTs on Flow takes less energy than a Google Search
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Dapper Labs said that minting nonfungible tokens (NFTs) on Flow takes less energy than a Google Search or an Instagram post. Deloitte Canada confirmed that.
These findings are interesting considering all of the myths and realities floating around about NFTs, which some people view as either the savior of gaming or a scammy monetization scheme.
Dapper Labs said that operating the Flow blockchain requires just 0.18 gigawatt hours (GWh) of energy, based on 2021 usage. Dapper Labs created the Flow blockchain protocol to support its creation of NFTs for NBA Top Shot, which are unique collectible videos that basketball fans can own.
Dapper Labs acknowledged that it’s no secret that many people believe that Proof of Work blockchains, like Bitcoin and Ethereum, are bad for the environment. But it contends that Flow doesn’t use nearly as much energy. Dapper Labs uses something different with Flow, dubbed Proof of Stake.
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Proof of Work solves huge cryptographic puzzles to reach consensus, or an agreement that the records of the digital ledger of the blockchain are correct. It requires a ton of energy to complete these operations.
Blockchain games utilize proof-of-stake blockchains like Solana, Avalanche, Hedera, Polygon, and Immutable X. Proof of Stake doesn’t take much more energy than cloud-based services.
Flow uses just 0.18 (gigawatt hours) GWh annually, based on 2021 usage. That means that minting an NFT on Flow takes less energy than a Google search or Instagram post.
And how does this stack up to other Web3 platforms? Based on
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