This is Part 2 of a two-part series on why bitcoin is almost certainly much greener than you think.

In Part 1 I outlined why I am sceptical of models that estimate the carbon footprint of Bitcoin to be the equivalent of a small country. Among other reasons, an unknown…

Blockchain is often referred to as a trust machine because it minimises uncertainty. People can perform various actions online using blockchain applications, knowing that those actions will not be undermined by others. The consequence is that we do not need to rely on external agents or processes to provide us…

Distributed blockchain platforms and applications can be designed in ways that make them accountable to their participants. Unlike blockchain systems that reserve some decision-making powers for executive-style committees or founders, these platforms and applications are governed by people who may be unknown to each other (often referred to as community…

Ellie Rennie

Professor at RMIT University, Melbourne. Australian Research Council Future Fellow 2020–2025: “Cooperation Through Code” (FT190100372) Twitter: @elinorrennie

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