how much energy does an nft use
NFTs have a fixed amount of energy, meaning that they can’t be destroyed or created out of thin air. But, like with pure cryptographically secure tokens (pCST) such as ETH and BTC, the amount of energy an NFT uses is determined by the number of users interacting with it. Some specific NFTs such as the MKR token will use a different amount based on their smart contracts. image source: www.businessinsider.com The first-generation of non-fungible tokens, or NFTs, are now becoming outdated because of their limited capacity. The current generation of tokens utilizes a potential for increased capacity as well as improved security protocols. Higher capacities also reduce the amount of energy needed to implement them on the blockchain lessening environmental impact. image source: www.cnbc.com On top of that, new designs can be made and prototyped much faster thanks to increased speeds in production time while maintaining their non-fungibility. So what is the next generation? They are just like