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TRON (TRX) CEO Justin Sun Threatens to Give Greta Thunberg $ 1 Million, Crypto Coins News

TRON (TRX) CEO Justin Sun Threatens to Give Greta Thunberg $ 1 Million, Crypto Coins News

TRON founder Justin Sun vowed to donate $ 1 million to help Greta Thunberg’s initiative to stop climate change. But is TRX the answer?

  • TRON founder Justin Sun wants to give $ 1 million to help aid Greta Thunberg’s climate change initiative.
  • Sun claims cryptocurrency itself will contribute to decreasing the world’s carbon output.
  • But in terms of energy efficiency, cryptocurrency remains vastly less efficient than current digital payment methods such as VISA.

TRON (TRX) founder Justin Sun offered to donate $ 1 million to Greta Thunberg’s climate change initiative.

TRON: Justin Meets Greta

Sun says he shares Greta Thunberg’s passion to change the world and reiterated the potential for cryptocurrency to reduce the carbon footprint. The TRON founder Tweet:

TRON (TRX) founder Justin Sun wants to combat climate change with a $ 1 million donation | Source: @JustinSun, Twitter

Sun’s tweet comes a day after leaders from the United Nations met in Madrid

to hash out their long-term global response to climate change. An agreement was made to postpone decision-making until the next major conference of 219700, to be held in Glasgow.

The TRON creator’s vow to combat climate change was met with a cynical response on social media. Some hinted the $ 1 million pledge was the latest in a long line of fruitless PR stunts by the TRX frontman.

One commenter hinted that Sun’s $ 1 million pledge would wind up like previous pledges which never materialized | Source: @CrypticFelix, Twitter

Others took aim at the wider climate change narrative. One commenter voiced the valu-held view that Greta Thunberg was merely the latest political puppet to be paraded on the world stage.

Greta Thunberg continues to evoke emotion – both positive and negative – among the public | Source: @cryptocrypto (************************************************************, Twitter

Crypto’s Carbon Footprint

In (**********************************************, data from CleanCoin suggested (Bitcoin was) *******************************************************, times less efficient than VISA when measuring for carbon output.

Bitcoin’s (********************************************************, , (Th / s) hashrate at the time of the study has since doubled. Ethereum, by comparison, has a hashrate of Th / s – but even then, ETH still consumes (****************************************************, times more energy per transaction than VISA.

TRON’s carbon efficiency would presumably be similar to Ethereum’s givenboth projects share much of the same code

.

Crypto investors Currently have more to worry about than the carbon footprint. As the global cryptocurrency market continues to fall, many major coins now approach a point of no return.

Last year, theNEM (XEM) Foundation was forced to radically restructure

after the falling XEM coin price depleted their operating budget.

Likewise,EOS (EOS) Block Producers are already eating into their own funds

after the coin price fell below $ 2. 180.

This article was edited by (Samburaj Das) .

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