Chia Network Profile picture
Sep 19 5 tweets 3 min read
It’s #ClimateWeek! Supporting sustainability efforts is a central part of Chia’s mission and we believe our work sets us apart. Our partnership with @IFC_org on the Carbon Opportunities Fund is just one example of the ways we're contributing to climate action. 1/5
The Carbon Opportunities Fund will source, tokenize and sell high-quality, verified carbon credits, via the @WorldBank @ClimateWarehous metadata layer – operated on Chia public blockchain to build trust and transparency in the carbon trading market! 2/5

We’re developing an open-source platform with the government of Costa Rica to improve the management of #climate and #carbon inventories, software which will be shared feely with other nations. 3/5
It is estimated that over 200 million hard drives per year get shredded at the end of use, the #Circular Drive Initiative seeks to reduce e-waste by facilitating the secure reuse of drives - including from hyperscale data centers. 4/5
The Merge reduced #Ethereum’s power use, but at the cost of decentralization and security. Chia’s inherently low-power technology uses just a fraction of the energy consumption of PoW blockchains like #Bitcoin, while staying just as secure! 🌱🌎 5/5

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