New Insights into XRP Ledger's Energy Use and Carbon Footprint
XRP Ledger Energy Consumption: The XRP Ledger consumes approximately 493,677 kilowatt-hours annually, with each transaction using about the same energy as running an LED light for one millisecond, showcasing its low energy demand compared to proof-of-work blockchains.
Carbon Emissions Comparison: The XRP Ledger's annual carbon emissions are measured at 63 metric tons of CO₂ equivalent, significantly lower than Bitcoin's 104 million tons, highlighting the environmental efficiency of the XRP Ledger.
Efficiency Metrics: Each XRP transaction emits only 0.00002 kilowatt-hours of energy, while a Bitcoin transaction emits around 578 kilograms of CO₂, illustrating a substantial gap in sustainability between the two networks.
Significance of Findings: The updated figures reinforce the XRP Ledger's position as a low-impact blockchain, emphasizing the advantages of consensus-based systems over traditional proof-of-work models in terms of energy use and carbon emissions.
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