Telos Blockchain Network is recognized for its ESG (Environmental, Social & Governance) compliances, making it the greenest blockchain.
Telos’ energy consumption is around 0.0004 TWh/Year, lower than any major competitor.
As a Block Producer, CreativBlock’s energy consumption as dPOS is around 200 W/h, which is negligible compared to bitcoin Mining or even the exiting global banking system.
According to www.nasdaq.com, the Bitcoin network consumes 113.89 terawatt hours (Twh) per year, while the banking industry consumes 263.72 TWh per year.
Global Energy Consumption CHART
CreativBlock aims to not only be a net-zero Block Producer, offsetting its Carbon Footprint, but also actively participate in sister projects like Actionfor.earth & Vrukshathon.com
We have collaborated with EcoMatcher.com, to plant 10 trees in Nepal every year to offset our Carbon Footprint.
The emissions per unit of electricity is estimated to be 0.309 kge/kWh (according to BEIS-2018). CreativBlock consumes 200 W/h, which means we cause the release of 61.8 kg of CO2.
According to research, a typical tree can absorb 21 Kilograms of CO2 per year. So, planting and taking care of 3 tree’s is sufficient to offset’s our Carbon Footprint as a Block Producer.
Keeping in mind the current environment issues, CreativBlock is committed to plant 10 Tree’s every year and make sure they are taken care of, by constant e-monitoring.
Telos has set high standards for decentralization and keeping up with this spirit all the Tree’s planted will be in the name of Telos Community Members.
These tree’s will be geo-tagged and can be visited virtually & authenticated on Treechain based on EOSIO blockchain protocol.
‘Click here’ and enter the Tree # from below for the Tree you wish to visit and take a virtual tour.
|Tree Number||Track Code||Country||Farmer||Tree Name|
|2||NGN1038077||Nepal||Ramkumar bhandari||Edward Ekker|
|4||NGN1038180||Nepal||Ashok tamang||Richard Bryan|
|8||NGN1038479||Nepal||Ramkumar bhandari||Tom Tom|
|10||NGN1038514||Nepal||Ramkumar bhandari||Ferretto Family|
|12||STI1006891||India||Nazeer sab||Dendy Einstein|
The CreativBlock team is working on the Actionfor.earth platform making it easy for everyone to calculate their Carbon Footprint and donate to projects actively working to come up with sustainable and regenerative solutions for the problems our environment is facing.