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The importance of sustainability: Why eco-friendly blockchains are the future

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4 years ago

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As more and more decentralized applications (DApps), such as GameFi, DeFi, NFTs, and more, are being developed, heated discussions about the environmental impact of blockchain and cryptocurrency have reignited once more. Especially after China’s crackdown on cryptocurrency mining activities, public debates about blockchain and crypto-related energy consumption rates have reached a climax.

Proof of Work’s environmental impact

Since the birth of Bitcoin, the Proof of Work (PoW) consensus mechanism has always been fundamental to the security of blockchain networks. This consensus is reached through computing power, commonly referred to as hash rate.

Over time as blockchain technology is being adopted by the world, the energy consumption rate of the entire blockchain network has skyrocketed, leading to significant environmental costs. The University of Cambridge estimates that Bitcoin mining consumes about 130 TWh per year, accounting for about 0.1% of the world’s total primary energy consumption.

As far as DApp development is concerned, energy consumption-related environmental issues are mostly derived from Ethereum mining, since Ethereum is a PoW blockchain with the largest ecosystem full of projects in varying sizes. With the recent London hard fork, the transition to Ethereum 2.0-a complete Proof of Stake (PoS) blockchain, will be completed as early as 2022. As a result, the current energy consumption per transaction on Ethereum is about 35 kWh, which is equivalent to the energy consumption of a single person in developing countries for 3 days.

The true cost of DApp transactions

While mass crypto adoption is happening around the world, DApps and their applicability will eventually catch up. New projects such as wealth management applications, lending platforms, decentralized exchanges (DEX), NFT-inspired metaverses, and more, that are gradually taking over social media and our lives are the ultimate proof. If you have been paying attention to what’s happening around you, the crypto community’s passion and loyalty towards decentralized, immutable technology are clearly reflected in the real world.

That is certainly good news for crypto enthusiasts, but for the environment, it’s an entirely different story. Take NFTs for example. Memo Atken, a digital artist and engineer, estimates that the true cost of an NFT is much higher than a typical energy consumption of a transaction on Ethereum (35 kWh). He believes that NFT-related transactions will cost much more because all NFTs have to be minted and exchanged multiple times on the blockchain.

He is certainly correct. In fact, an NFT’s creation and distribution do not only consist of a simple mint and sale process. There will be many subsequent transactions made by collectors and traders, which makes the average carbon footprint of each NFT close to 340kWh (an average of 211 kg of CO2), equivalent to a single person’s energy consumption in a developed country for more than a month.

Why eco-friendly blockchains are favored by developers

In early 2021, several public blockchains underwent considerable ecosystem expansion, such as ThunderCore, Solana, Polkadot, and Binance Smart Chain. These blockchains’ ecosystems are in full bloom, as decentralized projects like DAOs, Oracles, Token Bridges, DeFi protocols, NFT marketplaces, blockchain games, and more, are being deployed consistently. There are many reasons for the expansion of these networks, but one thing they all have in common is that none of them utilize a PoW consensus mechanism (meaning zero physical mining facilities are used). Instead, novel mechanisms, such as PoS, that allow on-chain staking and other models to replace PoW are applied.

Among them, the ThunderCore blockchain uses the state-of-the-art PoS consensus mechanism, PaLa, which not only solves the “scalability trilemma”, but also supports the chain’s entire ecosystem with cheap renewable energy. ThunderCore is an eco-friendly public blockchain, and its CO2 emissions, resulting from on-chain transactions, are reduced by more than 10,000x. For example, its block creation does not require the support of large amounts of energy resources like Bitcoin and Ethereum do. ThunderCore is also EVM compatible, which allows the rapid migration and deployment of Ethereum projects. With low gas fees (<$0.00001), sub-second confirmations, and 4,000+ TPS, ThunderCore has become a platform favored by developers from the world over.

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Alex Jacob

Alex Jacob is a literature author. He was born in Chicago. Alex passion is writing news articles. He writes number of articles and published it.

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Press Release

Alpix Shares Early Beta Insights on AI-Assisted Trading and On-Chain Perpetuals Platform

Published

37 minutes ago

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April 8, 2026

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Singapore – Alpix, a decentralized perpetuals exchange developed by a team of blockchain practitioners and active traders, today shared early observations from its closed beta testing phase of its integrated AI-assisted trading platform. Since launch, Alpix has surpassed 20 thousand registered users, reflecting growing demand for self-custodial on-chain perpetuals and AI-assisted trading tools.

The initial testing period indicated that certain strategies were able to generate positive returns under specific market conditions, while more neutral and balanced approaches demonstrated relatively stable performance over the test window.

Alpix combines an on-chain perpetuals exchange with an AI-assisted trading application and a crypto-linked debit card concept, aiming to provide a unified ecosystem for on-chain execution, automated strategies, and real-world usability.

“We designed the Alpix AI Trader as a tool to assist users in navigating the market with continuous data analysis and automated execution,” said a Alpix spokesperson. “Early testing suggests that different strategy profiles may suit different user preferences, particularly in terms of risk tolerance and market conditions.”

Early Beta Testing Observations

During a closed beta involving a limited number of users and internal accounts, Alpix AI Trader demonstrated the following characteristics:

Performance varied across strategy types and market conditions
Some directional strategies showed stronger performance during periods of heightened market volatility, while outcomes varied depending on timing and execution.

More balanced strategies showed relatively stable behaviour
Market-neutral and balanced approaches generally exhibited more consistent, moderate performance with comparatively lower drawdowns during the observed period.

Continuous on-chain execution
The AI-assisted system operated continuously, analysing market data and executing trades on-chain when enabled by users. Trading activity during testing contributed to platform-level liquidity and execution flow.

All observations are based on limited beta testing and historical data. Performance may vary significantly in live market conditions, and no results should be interpreted as indicative of future outcomes. Trading involves risk, including potential loss of capital.

A Three-Pillar Trading Ecosystem

  • Alpix Perpetuals Exchange: Alpix provides on-chain perpetual futures trading through user-controlled wallets, aiming to reduce reliance on centralized custody. The platform features a simplified fee structure and supports a range of trading pairs. Users can connect via widely used Web3 wallets such as MetaMask, Binance Wallet, and WalletConnect.
  • Alpix AI Trader dApp: The integrated AI-assisted trading application is designed to analyze market data and support automated trade execution based on predefined strategy profiles. It supports a range of approaches, including long-only, short-only, and market-neutral configurations, allowing users to select strategies aligned with their individual risk preferences. Automated trading activity may also contribute to overall platform liquidity and market participation.
  • Crypto Debit Card and Future Utility Exploration: Alpix is exploring the development of a crypto-linked debit card intended to enable real-world spending of digital assets, subject to regulatory and operational considerations. Additional features under consideration include staking mechanisms and user participation models that may expand platform functionality over time.

Future Token and Governance Considerations

Alpix is evaluating the potential introduction of a platform token and a decentralized governance framework.

The proposed model would aim to enable broader community participation in platform development and decision-making processes, subject to further design, regulatory review, and implementation timelines.

No token issuance has been finalized, and details may evolve as the platform develops.

About Alpix

Alpix is a decentralized perpetuals exchange focused on combining self-custodial trading infrastructure with AI-assisted strategy tools and potential real-world payment integrations.

The platform is designed for users interested in on-chain trading, automated strategies, and emerging decentralized financial ecosystems, with ongoing development toward expanded functionality and governance models.

For more information, visit app.alpix.io

Media Contact

Ignatius Chen

Email: media@alpix.io

X: https://x.com/Alpix_io

Instagram: https://www.instagram.com/alpix.io/

TikTok: https://www.tiktok.com/@alpix.io

 

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Cloud PR Wire

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Press Release

QuickBooks Negative Inventory Brought Back into Balance

Published

2 hours ago

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April 8, 2026

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Kingston, USA, 8th April 2026, ZEX PR WIRE — Negative inventory in QuickBooks is more than just a nuisance—it’s a sign that the accounting file is out of sync with real activity. When quantities fall below zero, it typically means items were sold before they were received or that historical entries were changed in a way that disrupts inventory flow. Over time, these errors can create distorted cost of goods sold, inaccurate valuations, and financial reports that no longer reflect the true state of the business.

A professional negative inventory repair service corrects these issues by rebuilding item histories, aligning transaction dates, and restoring logical sequencing to purchases and sales. This process ensures that every product shows an accurate on‑hand quantity and that QuickBooks calculates costs correctly. Once the inventory data is rebuilt, the file becomes more stable, reports become trustworthy, and the business regains clear insight into its margins and stock levels.

Repairing negative inventory also helps prevent future discrepancies. By cleaning up the underlying transaction structure, QuickBooks can run more smoothly, process entries more accurately, and avoid cascading errors that often appear when inventory data is left unresolved. For any business that relies on precise stock tracking and accurate financial reporting, negative inventory repair is an essential step toward restoring control and protecting long‑term data integrity.

https://quickbooksrecovery.co.uk/quickbooks-file-data-services/quickbooks-negative-inventory-repair/

 

About E-Tech

E-Tech is the leading service provider of QuickBooks File Repair, Data Recovery, QuickBooks Conversion and QuickBooks SDK programming in the UK and Ireland. In our 20 years plus of experience with Intuit QuickBooks, we have assisted over a thousand satisfied customers with their requirements.

We offer a range of services for existing QuickBooks users and provide comprehensive solutions for small businesses. Additionally, our expertise covers the US, UK, Canadian, Australian (Reckon Accounts), and New Zealand versions of QuickBooks (PC and Mac platforms).

For media inquiries regarding E-Tech, individuals are encouraged to contact Media Relations Director, Melanie Ann via email at Melanie@e-tech.ca.

 

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Press Release

How Companies Gain a Competitive Edge by Transitioning from Peachtree to QuickBooks

Published

2 hours ago

on

April 8, 2026

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Brandon, MB, 8th April 2026, ZEX PR WIRE — Many businesses decide to move from Peachtree to QuickBooks because they’re looking for a system that is easier to use, more flexible, and better aligned with today’s fast‑moving workflows. While Peachtree has a long history and strong accounting foundations, its interface and structure can feel outdated for teams that need speed, mobility, and simplicity in their daily operations. QuickBooks, by contrast, offers a more intuitive design that helps users complete tasks quickly with less training and fewer steps.

Another major reason companies switch is the broader ecosystem QuickBooks provides. Modern businesses rely on seamless integrations with payment processors, CRM platforms, inventory tools, and online commerce systems. QuickBooks supports a wide and growing collection of connected apps, allowing users to automate processes, synchronize data, and reduce manual entry. This creates faster workflows and more accurate books.

QuickBooks also offers stronger accessibility through cloud‑based options, making it easy for teams, accountants, and remote staff to collaborate in real time. Instead of being tied to a single workstation or network setup, users can work from anywhere with consistent performance and secure access to their financial data.

Ultimately, switching from Peachtree to QuickBooks gives businesses a more efficient, modern, and scalable accounting experience. For many organizations, the transition feels less like replacing software and more like upgrading to a system built for the way companies operate today.

Visit https://quickbooksrepairpro.com/Sage-50-to-Quickbooks-Conversion.aspx to make the switch.

 

About QuickBooks Repair Pro

QuickBooksRepairpro.com is a leading QuickBooks File Repair and Data Recovery, QuickBooks Conversion, QuickBooks Mac Repair, and QuickBooks SDK programming services provider in North America, serving thousands of business users all over the world. With over 20 years of experience with Intuit QuickBooks, QuickBooksRepairpro.com assists QuickBooks users and small businesses with a variety of services and work with the US, UK, Canadian, Australian (Reckon Accounts), and New Zealand versions of QuickBooks (PC and Mac platforms).

For more information, visit https://quickbooksrepairpro.com/

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Cloud PR Wire

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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