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Great find, although it seems to be a promotion for the Pi Network. The paper’s conclusions about energy usage are not surprising. Hedera transactions use a fraction of the energy of XRP or Visa (bitcoin And ethereum use thousands of times more energy). But also note that at the time of their research last year, 46% of hashing power for bitcoin was in China and this: “Decentralization: While the original goal of Bitcoin was to provide a decentralized transaction method, the increase in price and better payoffs has made the network extremely centralized to the extent that around 87% of the BTCs are owned [hashed?] by 1% of the nodes.”

Coinman the HBARbarian- Автор вопроса
Crypto Consciousness
Great find, although it seems to be a promotion fo...

Tbh I only skim read this. But it was good to see that Hedera chart on energy consumption included.

Coinman the HBARbarian
Tbh I only skim read this. But it was good to see ...

Definitely. But the point about Bitcoin's centralization (in practice) also supports Hedera's approach to decentralization

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