Yogis Don’t Waste Energy and Neither Does Cardano

In earlier blogs I explained how Cardano could prevent fraudulent yoga teacher certificates and the advantages of using ADA coins to pay for yoga services. In this blog I’ll give you the environmental reasons for choosing an investment in Cardano over other crypto-currency alternatives. I’ll keep the explanation relatively jargon free.

The legitimacy of a transaction using blockchain technology can be verified in one of two ways. One method is called proof-of-work the other proof-of-stake (the Cardano way). The proof-of-work approached is identified with Bitcoin. Bitcoin’s proof-of-work has several disadvantages including the enormous amount of energy it takes to “mine” Bitcoin. According to a 2018 Harvard Business Review article, mining Bitcoin consumes as much energy as does the entire country of Ireland! Proof-of-work was cutting edge in 2008; but we live in 2021.

Using proof-of-stake technology, Cardano consumes only 1% of the energy compared to proof-of-work. Why is that? Well, the answer is simple–Cardano is third generation crypto-currency and blockchain technology. Just think for a moment about your mobile phone in 2008 versus your cell phone of 2021! With proof-of-stake Cardano delivers the same results without causing environmental damage.

Frankly, I entered the world of crypto-currency blockchain technology looking for investment opportunity. However, I want my “greenbacks” to earn a return in a “green” manner. My fellow yogis, I invest in Cardano because it is consistent with yoga values, e.g. no environmental damage, more inclusive society, and decentralization of power. I would not consider any other way.

There is a direct connection between yoga and Cardano. Yogis perform pranayama (breath control) as a means to control, preserve and elevate life energies. We understand the importance of creating energy, directing energy and preserving energy in ourself and earth. Investing in companies whose technologies preserves energy, protects the earth and enhances society is the ideal. Cardano’s technology is also all about using energy wisely. I discovered Cardano and hope you will consider it also.

See you on the yoga mat. Namaste and hari ohm. http://cardano.org