Press Release
The importance of sustainability: Why eco-friendly blockchains are the future
As more and more decentralized applications (DApps), such as GameFi, DeFi, NFTs, and more, are being developed, heated discussions about the environmental impact of blockchain and cryptocurrency have reignited once more. Especially after China’s crackdown on cryptocurrency mining activities, public debates about blockchain and crypto-related energy consumption rates have reached a climax.
Proof of Work’s environmental impact
Since the birth of Bitcoin, the Proof of Work (PoW) consensus mechanism has always been fundamental to the security of blockchain networks. This consensus is reached through computing power, commonly referred to as hash rate.
Over time as blockchain technology is being adopted by the world, the energy consumption rate of the entire blockchain network has skyrocketed, leading to significant environmental costs. The University of Cambridge estimates that Bitcoin mining consumes about 130 TWh per year, accounting for about 0.1% of the world’s total primary energy consumption.
As far as DApp development is concerned, energy consumption-related environmental issues are mostly derived from Ethereum mining, since Ethereum is a PoW blockchain with the largest ecosystem full of projects in varying sizes. With the recent London hard fork, the transition to Ethereum 2.0-a complete Proof of Stake (PoS) blockchain, will be completed as early as 2022. As a result, the current energy consumption per transaction on Ethereum is about 35 kWh, which is equivalent to the energy consumption of a single person in developing countries for 3 days.
The true cost of DApp transactions
While mass crypto adoption is happening around the world, DApps and their applicability will eventually catch up. New projects such as wealth management applications, lending platforms, decentralized exchanges (DEX), NFT-inspired metaverses, and more, that are gradually taking over social media and our lives are the ultimate proof. If you have been paying attention to what’s happening around you, the crypto community’s passion and loyalty towards decentralized, immutable technology are clearly reflected in the real world.
That is certainly good news for crypto enthusiasts, but for the environment, it’s an entirely different story. Take NFTs for example. Memo Atken, a digital artist and engineer, estimates that the true cost of an NFT is much higher than a typical energy consumption of a transaction on Ethereum (35 kWh). He believes that NFT-related transactions will cost much more because all NFTs have to be minted and exchanged multiple times on the blockchain.
He is certainly correct. In fact, an NFT’s creation and distribution do not only consist of a simple mint and sale process. There will be many subsequent transactions made by collectors and traders, which makes the average carbon footprint of each NFT close to 340kWh (an average of 211 kg of CO2), equivalent to a single person’s energy consumption in a developed country for more than a month.
Why eco-friendly blockchains are favored by developers
In early 2021, several public blockchains underwent considerable ecosystem expansion, such as ThunderCore, Solana, Polkadot, and Binance Smart Chain. These blockchains’ ecosystems are in full bloom, as decentralized projects like DAOs, Oracles, Token Bridges, DeFi protocols, NFT marketplaces, blockchain games, and more, are being deployed consistently. There are many reasons for the expansion of these networks, but one thing they all have in common is that none of them utilize a PoW consensus mechanism (meaning zero physical mining facilities are used). Instead, novel mechanisms, such as PoS, that allow on-chain staking and other models to replace PoW are applied.
Among them, the ThunderCore blockchain uses the state-of-the-art PoS consensus mechanism, PaLa, which not only solves the “scalability trilemma”, but also supports the chain’s entire ecosystem with cheap renewable energy. ThunderCore is an eco-friendly public blockchain, and its CO2 emissions, resulting from on-chain transactions, are reduced by more than 10,000x. For example, its block creation does not require the support of large amounts of energy resources like Bitcoin and Ethereum do. ThunderCore is also EVM compatible, which allows the rapid migration and deployment of Ethereum projects. With low gas fees (<$0.00001), sub-second confirmations, and 4,000+ TPS, ThunderCore has become a platform favored by developers from the world over.
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Australia, 16th Jun 2026, Grand Newswire –
Spotlyts has released Spotlyts Magazine Issue 3 – June 2026 Edition of its publication series.
The edition is presented under the theme Bright Voices, Remarkable Stories and features a collection of interviews, profiles, and original creative work. Contributors in the issue include writers, authors, designers, entrepreneurs, academics, researchers, and professionals from a range of fields.
Among those featured are Leon Conrad, Cortney Raymond, Alan Horowitz, David W. Berner, Talia Mashiach, Sal Salcedo, Peter Massam, Ashley Taylor, Luminescene Goh, Carolyn Summer Quinn, Alia Luria, Jennifer Gasner, Robert A. Walker, Dr. Amara Pope, Dr. Martina Geromin, Terra Winston, Martha Burich, Teresa Saputo-Crerend, D.R. Berlin, Harker Jones, and Dr. Aleksandra Tryniecka.
The issue examines the experiences, perspectives, and work of individuals across disciplines, with a focus on the stories behind their professional and personal journeys.
This magazine edition is available through major retailers including but not limited to Amazon. More details can be found on the Spotlyts website.
About Spotlyts Magazine
Spotlyts is a publication and media platform that features interviews, stories, profiles, and coverage across a range of subject areas, including culture, literature, business, the arts, lifestyle, health, science, technology, and community topics. The publication states that its mission is to highlight people, ideas, developments, and stories that contribute to public understanding of the world around them. Spotlyts publishes interviews, articles, magazine editions, and related editorial content through its digital platforms.
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Country:Australia
The post Spotlyts Magazine Releases Issue 3 – June 2026 Edition
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Australia, 16th Jun 2026, Grand Newswire –
Spotlyts has released Spotlyts Magazine Issue 3 – June 2026 Edition of its publication series.
The edition is presented under the theme Bright Voices, Remarkable Stories and features a collection of interviews, profiles, and original creative work. Contributors in the issue include writers, authors, designers, entrepreneurs, academics, researchers, and professionals from a range of fields.
Among those featured are Leon Conrad, Cortney Raymond, Alan Horowitz, David W. Berner, Talia Mashiach, Sal Salcedo, Peter Massam, Ashley Taylor, Luminescene Goh, Carolyn Summer Quinn, Alia Luria, Jennifer Gasner, Robert A. Walker, Dr. Amara Pope, Dr. Martina Geromin, Terra Winston, Martha Burich, Teresa Saputo-Crerend, D.R. Berlin, Harker Jones, and Dr. Aleksandra Tryniecka.
The issue examines the experiences, perspectives, and work of individuals across disciplines, with a focus on the stories behind their professional and personal journeys.
This magazine edition is available through major retailers including but not limited to Amazon. More details can be found on the Spotlyts website.
About Spotlyts Magazine
Spotlyts is a publication and media platform that features interviews, stories, profiles, and coverage across a range of subject areas, including culture, literature, business, the arts, lifestyle, health, science, technology, and community topics. The publication states that its mission is to highlight people, ideas, developments, and stories that contribute to public understanding of the world around them. Spotlyts publishes interviews, articles, magazine editions, and related editorial content through its digital platforms.
Media Contact
Organization: Spotlyts Magazine
Contact
Person: Spotlyts Team
Website:
https://spotlyts.com/
Email:
spotlyts@oneequinox.com
Country:Australia
The post Spotlyts Magazine Releases Issue 3 – June 2026 Edition
appeared first on Grand Newswire.
It is provided by a third-party content provider. Grand Newswire makes no
warranties or representations in connection with it.
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Solis Capital Announces Carbon Stream Financing Vehicle Focused On High-Integrity Carbon Credits In Central Asia
United States, 16th Jun 2026— Solis Capital today announced the formation of a dedicated carbon stream financing vehicle focused on high-integrity voluntary carbon market projects, with an initial geographic emphasis on Central Asia.
Solis Capital is designed to provide upfront and milestone-based financing to carbon project sponsors in exchange for contracted future delivery of verified carbon credits or a share of future carbon credit sale proceeds. This structure helps project developers fund early project costs, including feasibility work, landholder coordination, baseline studies, MRV design, validation, verification, registry costs, and long-term monitoring.
The vehicle will prioritize projects capable of producing credible voluntary carbon credits supported by strong additionality, conservative baselines, leakage controls, permanence protections, transparent benefit-sharing, and third-party validation and verification. Target project categories include afforestation, reforestation, improved agricultural land management, soil organic carbon, methane avoidance, ecosystem restoration, and other nature-based or land-use carbon programs.
Central Asia is a core focus due to its large land base, agricultural transition needs, restoration potential, and growing relevance within global climate finance. Solis Capital will assess opportunities across Kazakhstan and the wider region where sponsors can demonstrate clear land rights, local execution capacity, credible MRV pathways, and access to recognized carbon standards and registries.
“Carbon stream financing gives serious project sponsors a practical way to fund development costs before carbon credits are issued,” said Katy Goncharova, PR Contact for Solis Capital. “Our focus is on projects that can meet institutional buyer expectations around integrity, traceability, verification, and long-term credit quality.”
Solis Capital expects to work with project developers, land aggregators, technical consultants, MRV specialists, validation and verification bodies, and carbon credit buyers seeking exposure to high-integrity voluntary carbon market supply.
About Solis Capital
Solis Capital is a carbon stream financing vehicle focused on funding high-integrity voluntary carbon market projects. The vehicle supports carbon project developers through milestone-based capital structures linked to future verified carbon credit generation, carbon credit sales, or contracted offtake arrangements.
Media Contact
Katy Goncharova
Solis Capital
contact@solis-capital.com
Disclaimer
This press release is for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation regarding any security, investment product, carbon credit, or financial instrument. Carbon project finance involves development, regulatory, registry, verification, market pricing, delivery, and counterparty risks.
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Contact Person: Katy Goncharova
Website: http://solis-capital.com/
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Country:United States
Release id:46145
The post Solis Capital Announces Carbon Stream Financing Vehicle Focused On High-Integrity Carbon Credits In Central Asia appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Spotlyts Magazine Releases Issue 3 – June 2026 Edition
Spotlyts Magazine Releases Issue 3 – June 2026 Edition
Solis Capital Announces Carbon Stream Financing Vehicle Focused On High-Integrity Carbon Credits In Central Asia
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