Our renewable energy commitment

Sustainable Consensus
Proof-of-Stake consumes far less energy in order to maintain a ledger and reach consensus than Proof-of-Work does. We only validate in Proof-of-Stake protocols and thus have far lower overall power consumption than miners do.
Clean Energy Mix
It is the responsibility of all of us to counteract climate change and we can all do our part. We strive for our validators to be exclusively powered through clean and renewable energy within the next decade.
Green Data Centers
Furthermore, we seek to be as carbon efficient as possible in our daily operations. We exclusively work with certified datacenters who are committed to an environmentally conscious corporate strategy.
Baselayer for Web 3.0
Proof-of-Stake networks facilitate the maintenance and provision of infrastructure that serve as the base-layer for Web 3.0 in a decentralized fashion. They enable token-holders to contribute to the network’s security and earn rewards for doing so.
How it works
Limitations of Proof-of-Work
Proof-of-Work is a revolutionary invention that helps with aligning incentives in a decentralized network composed of unknowing or even untrusting parties. It powers the Bitcoin network and kicked off a wave of innovations in the blockchain space.
However, it is not a very scalable nor sustainable mechanism and not suited to power networks set out for mass usage. Sustaining the Bitcoin network consumes as much energy annually as whole countries such as Switzerland.
Evolution to Proof-of-Stake
Proof-of-Stake constitutes a sustainable alternative to Proof-of-Work as it provides higher security, more throughput, less centralization, and faster finality all while consuming far less energy in order to maintain the blockchain network. Many next-generation blockchains utilize PoS and Ethereum, the second-largest Blockchain by market capitalization recently initiated its' switch to PoS by launching the Beacon Chain.