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  • 🚩Introducing Carbovalent
  • πŸ”—The Carbovalent Protocol
  • 🏞️Building A Carbon Economy
  • πŸ“ˆWhy Solana?
  • πŸ“œLegal Disclaimer
  • Understanding Carbon
    • 🌳Carbon Credits
    • 🌐Carbon Markets
  • Sourcing
    • πŸ—ΊοΈWeb3 Sourcing Standard
    • πŸ“‘Remote Sensing for Forest Carbon
  • Bridge
    • πŸŒ‰Morpheus Carbon Bridge
      • πŸ“•Prerequisites to Bridge
        • β˜‘οΈEligibility
      • πŸ’³Wallet
      • πŸ’«Initiate Bridge
      • πŸ›«How to Retire Credits on Source Registry
      • πŸ”’Update Reference NFT
      • βœ…Confirmation
      • πŸ’ΌUse Cases
      • 🎟️Fractionalize ->Tokens
      • πŸ”₯Burn
  • Trading Carbon Assets
    • πŸŽ›οΈIntroduction
    • 🌴DEX
    • πŸͺ™Index Carbon Assets
    • πŸ“ŠCarbon Derivative Market
    • 🀽Deposit <-> Receive
    • πŸ“Reclaim
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Why Solana?

Fact: An average Solana transaction uses 508 Joules β€” or less energy than two Google searches.

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Last updated 2 years ago

The Carbovalent protocol will be governed by smart contracts deployed on Solana; a performant, secure, and energy-efficient blockchain running on a hyper-consensus mechanism that utilizes both proof-of-stake and proof-of-history.

Solana is designed for mass adoption due to its extremely low fees and intuitive user experience. Furthermore, Solana programs are composable by nature, which creates an interoperable ecosystem where protocols can talk to each other as if they were native. As a mission-critical decentralized protocol, Carbovalent will focus on building a scalable carbon market on top of a blockchain that can support NASDAQ and Visa-level throughput.

Not to mention that Solana produces a fraction of the energy (Joules) when compared to other major blockchains. Further, the Solana foundation offset all carbon emissions for the validator network, making the chain carbon neutral. Solana is the ideal blockchain for the Carbovalent protocol and the goals it aims to achieve.

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Solana Energy Usage in Joules
Energy Impact (Joules) Diagram of The Solana Blockchain