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Chintan Turakhia 🎩
@chintan
tl;dr - Who can help me with a comparison of the environmental impact of sending $10 USD on Ethereum+L2 compared to Venmo, Paypal, Visa, Apple Pay? Ok, I just called Dan. Spoke to him for 25 minutes and such an amazing human being. He also loved that there was no sales pitch but an attempt to deeply understand a problem we could solve for him by accepting USDC. He's open to the idea, but there is one blocker -- the environment. His business is very environmentally friendly, part of the ethos. He currently doesn't have enough information or data on if blockchains are environmentally friendly, and default position is they are not. He said with more data to help him understand better, he will be the one of the fastest people to change his mind. Great attitude. @jessepollak @horsefacts.eth @aneri
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Alex
@asenderling.eth
The ethereum foundation has a decent starting point. The per transaction estimate section is relevant especially in making comparisons between current energy cost per tx estimates to Visa/MasterCard. Essentially right now the whole ETH network consumes approx 1/100 of the energy of Visa per year. Although Visa currently handles way more TPS, in theory if Ethereum reached TPS parity, the yearly energy consumption would not significantly change. (Assuming I understood everything I read) https://ethereum.org/en/energy-consumption/
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Chintan Turakhia 🎩
@chintan
This hits. Thank you.
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