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Protocol Labs Has Joined the Crypto Climate Accord
Summary: Protocol Labs, the company behind Filecoin, announced today that it has joined the Crypto Climate Accord. Protocol Labs, launched in 2014 as an open-source resource and development lab, says it is committed to driving the development of Web3 initiatives toward net-zero emissions. A significant issue that continues to dog the crypto industry is the claim ...
Protocol Labs, the company behind Filecoin, announced today that it has joined the Crypto Climate Accord. Protocol Labs, launched in 2014 as an open-source resource and development lab, says it is committed to driving the development of Web3 initiatives toward net-zero emissions.
A significant issue that continues to dog the crypto industry is the claim that mining new currencies such as Bitcoin is terrible for the environment and a contributing factor in climate change.
"Numerous projects in the ecosystem are already seeking to address the environmental impact of the blockchain space," said Protocol Labs' Angie Maguire in a statement. "We are focused on developing solutions to support and encourage the use of renewable energy sources, setting the standard on energy consumption transparency."
By Amy Liu
Tags: Climate,Crypto,Protocol Labs
Link: Protocol Labs Has Joined the Crypto Climate Accord [Copy]
