Enjin Launches JumpNet – Here’s What You Need to Know

Enjin Launches JumpNet – Here’s What You Need to Know

Published on April 5, 2021
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Enjin Launches JumpNet – Here’s What You Need to Know

Enjin Launches JumpNet – Here’s What You Need to Know.

What is JumpNet

The price of Enjin (ENJ) has surged after the announcement of their new promising and innovative project, JumpNet.

JumpNet utilizes proof-of-authority (PoA) in contrast to its peers that rely on proof-of-work (PoW) such as Ethereum and Bitcoin.

JumpNet with its new consensus mechanism enables users to enjoy instant, gas-free on-chain transactions which would naturally encourage a lot more artists and creators to enter the NFT marketplace as the current gas-fees are quite high.

However, the environmental impact and harm that is caused by all these crypto transactions seems to be neglected often enough.

What does this mean for climate change and how is it impacting the environment ?

As the popularity and the spread of NFTs in various forms continues, the conversation and discussion regarding its energy consumption is also on the rise.

Thus, this places Enjin (ENJ) and its recent project up at the forefront of the rising eco-friendly NFTs.

Check out other Eco-Friendly Crypto Alternatives for the Environmentalists​

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