Bitcoin’s original protocol is one of the most environmentally friendly technologies in existence. By allowing the network to be unbounded in scale, all information contained inside a block requires no more proof of work (hashpower) to construct if it contains a billion transactions or just one. Because mining transactions into blocks is energy intensive as a primary function, the energy footprint of recording data in comparison to an equivalent cloud platform is exponentially more efficient that today’s incumbent systems.
Digest algorithms, also known as cryptographic hash functions, transform an arbitrarily large block of data into a fixed-size output, magnitudes shorter than the input.
Bitcoin uses a rooted binary tree data structure, often called a Merkle tree. This data serialising is the most efficient way of storing, indexing, searching and retrieving data, requiring less energy per byte than any other system at scale.
Unlike traditional CDNs (Content Delivery Networks) Bitcoin nodes record a hash digest of information into a highly efficient binary tree. Miners are not required to hold the data, but just the Merkle branch and block header. This is a highly efficient data compression method.
Bitcoin’s built-in superpower that sets it apart from any other system is its unbounded ability to scale all of the world’s data into a single, highly efficient, Small World Network. If the internet was created today, Bitcoin’s network is the ultimate design for the most efficient new paradigm in global data distribution.
Becoming the Worlds Greenest Technology
One of the key focuses of using the Bitcoin SV blockchain is environmental sustainability. Due to its unparalleled ability to scale its transactions, coupled with keeping its energy usage in check, its is capable of becoming the world’s greenest technology.
Bitcoin SV – The Original Bitcoin