Re:CO₂ Coin: Decentralized Carbon Capture Blockchains (2021)
by wallacoloo on Sunday July 25, 2021 @03:14PM
(#27952028)
Presumably the goal is to broaden the market. As a smaller player, I can capture carbon today but wouldn’t know how to sell it. I expect there’s some high barrier to entry. By decentralizing and codifying the market portion of this, I know the exact steps to entering the market, and the costs to enter are likely lower.
If you could setup an audit system of the type specified, how does cryptography & blockchain improve upon things? The author seems to acknowledge that question earlier in the article but at the end when it comes saying how this is different, I didn't see a complete answer.