Crypto’s environmental credentials have been bolstered with the news that the EOS Network Foundation is leading a campaign to transform EOS into a green blockchain. Not content with being carbon neutral, the chain will go a step further to become ‘climate positive.’ This will be a first for a crypto network and is sure to spark debate in an industry whose power consumption is frequently under the spotlight.
The EOS Network is already carbon-neutral thanks to its proof of stake design that ensures it makes no material contribution to environmental degradation coupled with a carbon offsetting program. There’s always more that can be done to counter climate change, however, and the EOS Network Foundation, tasked with developing the chain, has decided to go all out. In conjunction with Upland and Aerial, it’s intent on making EOS a climate positive blockchain ecosystem.
EOS Enters the Rarified Atmosphere of Climate Positive
Since launching five years ago, EOS has boasted impeccab
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