After Tesla dropped Bitcoin as a form of payment over environmental concerns, multiple crypto projects started showing off their green cred.
In a new Twitter thread, the Cardano Foundation, a Zug-based organization focused on developing and promoting the fourth-largest blockchain, is making a case for Tesla adopting the Cardano (ADA) token.
Cardano utilizes the proof of stake (PoS) consensus mechanism instead of energy-intensive proof of work (PoW). The Ouroboros protocol randomly chooses slot leaders from active stake pools for verifying transactions.Find out more
