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by mtlynch
1863 days ago
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That sounded interesting but I couldn't understand from the links how a blockchain can be carbon negative: >To achieve a carbon-negative network, Algorand and ClimateTrade will implement a sustainability oracle which will notarize Algorand’s carbon footprint on-chain for each epoch (a set amount of blocks). With its advanced smart contracts, Algorand will then lock the equivalent amount of carbon credit as an ASA (Algorand Standard Asset) into a green treasury so that its protocol keeps running as carbon-negative. I'm pretty familiar with the basics of cryptocurrency and blockchains, but the above paragraph makes almost no sense to me. |
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