Blockchain Technology Explained: Uses and Mechanisms
Correction Technology

Blockchain Technology Explained: Uses and Mechanisms

Corrected by Melik Can Sariyer · on When Notes Fly · 12 July 2026 · View published page ↗

Understand blockchain technology through distributed ledgers, uses, and current applications.

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Computed from the content the publisher accepted, line by line. Neither the contributor nor CitePep writes this diff by hand.

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from roughly 78 terawatt-hours per year to under 0.01 terawatt-hours
+from roughly 22 terawatt-hours per year to under 0.01 terawatt-hours

Why this is better

Pre-Merge Ethereum energy consumption was estimated at approximately 20-26 terawatt-hours per year by Cambridge and Digiconomist, not 78 TWh. The 99.95% post-Merge reduction figure remains accurate.

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