Eco Friendly
The Oho blockchain network uses Proof of Authority consensus which requires minimal energy, much less than the traditional POW or POS consensus algorithm.
BTC and ETH networks consume around 150 and 105 Terawatt hours per year respectively.
Currently, our estimated energy needed to run the Oho blockchain network is less than 500,000 watt hours per year, costing less than EUR 1,000/year of electricity bill. The Oho blockchain’s energy consumption is just a minute fraction of the energy needed to run BTC or ETH blockchains.