/PRNewswire/ - The Algorand Foundation announced today, support for a grant awarded to LoginID, a FIDO-certified authentication provider. The grant will allow.
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On May 13, Elon Musk sent shockwaves across the crypto markets by revealing that Tesla will no longer accept any BTC payments for cars until Bitcoin mining becomes more environmentally sustainable.
Musk notes that while Tesla waits for Bitcoin to move to renewable energy, the firm will be looking at “other cryptocurrencies” that use less than 1% of Bitcoin’s energy per transaction.
The tweet sent much of the crypto community into a frenzy of speculation as to what other crypto assets Tesla may be exploring.
Social influencer “The Cryptic Poet,” told his 45,000 Twitter followers that he predicts Tesla will “either use ETH or XRP,” however user “Massimo” pointed out that if Tesla uses ETH in its current state which uses Proof-of-Work just like Bitcoin does it might as well be “staying with BTC.”