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Re:CO₂ Coin: Decentralized Carbon Capture Blockchains (2021) by endisneigh on Saturday July 24, 2021 @07:11PM (#27945153)
Hard to say without more specifics on how exactly carbon captured is proven.

For a concrete example - let's say planting a 50ft tree to maturity constitutes capture. In other words, if I point to a lat and long and show that there wasn't a tree here before, and now there is, I receive the coin.

Well, if you spent energy moving a mature tree from another place, you've not only killed the existing tree, but eventually the tree you've replanted will die too.

That's the sort of scenario I'm referring to.

Re:CO₂ Coin: Decentralized Carbon Capture Blockchains (2021) by gwern on Saturday July 24, 2021 @07:21PM (#27945225)
I fully agree that standard carbon credits are difficult to prove anything about, and even use trees as examples. Are you sure you read my proposal in full?
Re:CO₂ Coin: Decentralized Carbon Capture Blockchains (2021) by endisneigh on Saturday July 24, 2021 @07:23PM (#27945239)
I only skimmed it (I only read the mineralization section completely) - my question is why is blockchain necessary if an auditor is involved? Isn't blockchain supposed to be zero-trust. Why even use a blockchain at all? I'll have to read your post in more detail later, so apologies if you've already answered these questions.

In any case my concern is more around the second scenario I posed in my first post than the first one.

Re:CO₂ Coin: Decentralized Carbon Capture Blockchains (2021) by teslafire124 on Saturday July 24, 2021 @08:18PM (#27945532)
I agree with your assessment here. The crux this entire theory is built on is the auditing. People will find a way to defraud it, especially if it relies on physical evidence of carbonization. It would have to be highly regulated to deal with your conspiracy scenario. But the fact that it's decentralized makes that incredibly difficult. It's definitely something that has to be considered as a possibility before being practically applied.
Re:CO₂ Coin: Decentralized Carbon Capture Blockchains (2021) by meowkit on Saturday July 24, 2021 @08:34PM (#27945598)
> my question is why is blockchain necessary if an auditor is involved? Isn't blockchain supposed to be zero-trust. Why even use a blockchain at all?

A common misconception. Blockchains are zero trust within the state/data space of the blockchain itself. We can refer to these space domains as "on-chain" and "off-chain".

Moving data or state information about the real world, say about the verification of successful carbon capture, to a blockchain is a core part of the oracle problem - which is the problem of migrating off-chain data, to the zero trust on-chain environment.

You use blockchains for the properties of immutability and transparency. In the case of gwern's proposal I can see a market environment where you can claim to capture carbon, provide data, make money (i.e. earn tokens) and then open yourself up to being "attacked" or "slashed". If someone else can make money/tokens by proving you are a liar you create an environment encouraging oracles (data providers) to be honest and accurate.

Final note: gwern pretty much states all of the above in his post, so I would suggest you not skim it.

Re:CO₂ Coin: Decentralized Carbon Capture Blockchains (2021) by kevinwang on Saturday July 24, 2021 @07:14PM (#27945173)
But the point of the post is to outline a process which is not temporary and is allegedly hard-to-transport.