EOS Network Foundation Leads Campaign to Create Green Blockchain
The EOS Network Foundation is taking steps to transform EOS into a green blockchain and become the first crypto network to be “climate positive.” Currently, EOS is already carbon-neutral thanks to its proof of stake design and carbon offsetting program. However, the foundation wants to do more to combat climate change. In collaboration with Upland and Aerial, they aim to make EOS a climate positive blockchain ecosystem.
EOS Strives for Climate Positivity
EOS has always prioritized environmental sustainability. As a proof of stake chain, it consumes less energy than proof of work networks like Bitcoin. Additionally, it has been offsetting its annual CO2 emissions of 242 tonnes. Moving forward, EOS plans to offset three times the energy it consumes, effectively neutralizing the emissions of two additional proof of stake networks. This move positions EOS as an ultra-green blockchain ecosystem and may attract projects focused on sustainability.
A Positive Step for Blockchain
The crypto industry has faced criticism in the past for its environmental impact. However, with the emergence of second-generation blockchains like EOS that use proof of stake, the industry has become more environmentally friendly. These blockchain networks are now being utilized for various sustainable applications such as tracking plastic disposal and supporting sustainable fishery projects. By partnering with Upland and Aerial, both known for their commitment to sustainability, EOS strengthens its environmental credentials and showcases blockchain’s potential for sustainability.
Hot Take: EOS Sets the Bar for Green Blockchains
With its commitment to becoming a climate positive blockchain, EOS is setting a new standard for environmental sustainability in the crypto industry. By going above and beyond carbon neutrality and offsetting three times its energy consumption, EOS demonstrates its dedication to combating climate change. This move is not only commendable but also has the potential to attract projects and applications that prioritize sustainability. As blockchain networks continue to evolve, their focus on green initiatives will play a crucial role in shaping a more environmentally conscious future.
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