Lucy Cavendish College was happy to receive its first gift in Ethereum (ETH), marking yet another Cambridge first for the College.
With a market cap of almost $200 billion, Ethereum is the second largest cryptocurrency in the world. It is also one of the fastest-growing cryptocurrencies.
Ethereum’s open-source framework and advanced features such as smart contracts make it popular with developers. Accordingly, the Ethereum network hosts thousands of organisations, platforms, and applications.
Ethereum recently updated to a more efficient protocol (PoS) and as a result, it was able to reduce its energy requirements by more than 99%:
If you would like to make a cryptocurrency gift to the College, please contact our development team: development@lucy.cam.ac.uk