Cardano Foundation Partners with Crypto Carbon Ratings Institute to Release MiCA-Compliant Network Metrics

The Cardano Foundation has partnered with the Crypto Carbon Ratings Institute (CCRI) to publish sustainability indicators for the Cardano network that will be compliant with the EU's upcoming Markets in Crypto-Assets (MiCA) regulations. The Foundation said that working with CCRI ensures the quality of its blockchain monitoring and data collection methods. The report emphasizes that Cardano runs on a more energy-efficient consensus protocol that consumes much less electricity than proof-of-work protocols. It also provides the annual total electricity usage and carbon footprint of the Cardano network, as well as the marginal electricity demand per transaction per second. In addition, the report also provides sustainability indicators that comply with the European Securities and Markets Authority's draft regulatory technical standards. (Cointelegraph)