Menthol's Innovative Contribution
Menthol Protocol, an advocate for sustainability in the blockchain world, has pioneered a calculator that determines carbon emissions. This tool offers users the ability to measure their carbon footprint on krest and will eventually extend to peaq.
Why This Matters
As peaq, a multi-chain Layer 1 blockchain, optimizes for Decentralized Physical Infrastructure Networks (DePINs), it is essential to ensure the green credentials of its operations. Menthol's approach complements this effort by emphasizing carbon measurement and offsetting. By providing tangible metrics on energy and emissions, we offer projects a clearer path to carbon neutrality.
Implications for the Community
The introduction of Menthol Protocol’s calculator paves the way for more advanced automation tools. It signifies an upcoming era where dApps and DePINs can gauge and balance their carbon footprint. This forward-thinking approach makes peaq an attractive choice for the wider Web3 community, enhancing its value proposition.
While many critics still voice concerns about blockchain’s environmental impact, Menthol's collaboration with peaq is a testament to the industry's evolving emphasis on sustainability.
Zooming In: The Carbon Emission Calculator
Our primary objective at Menthol Protocol has been to equip the peaq ecosystem with tools to regularly monitor and offset its carbon output. With the achievement of our first milestone - the release of the carbon emissions calculator, we offer a reliable and scientific method for energy and carbon emissions measurement.
This model calculates potential costs to make krest completely carbon-neutral, considering variables like offset costs and node configuration. To put it in perspective, some estimates are so low that the costs are comparable to a simple lunch in various places.
Users can input their addresses, and within moments, understand the carbon emissions resulting from their network activities. It’s an empowering tool, but it's just our first step. We're in the process of developing an indexing tool to provide even more precise data to dApps and DePINs on peaq.
A Glimpse into the Future
We have a clear roadmap ahead. As we further develop our tools, Menthol Protocol intends to facilitate projects in their journey to offset emissions through an automated framework.
Peaq's commitment to offering an eco-friendly blockchain architecture aligned perfectly with Menthol Protocol's mission. By supporting Menthol, peaq has expanded its sustainability initiative, showing its dedication not just to technological advancement but also to a healthier planet.
Through this collaboration, Menthol has broadened its reach, now aiding the fifth Layer-1 blockchain in its portfolio. We're excited about this journey with peaq, Ethereum, Polygon, BNB Chain, and Celo, aiming for a greener future in blockchain technology.
Peaq at a Glance
Peaq is an eco-friendly Layer 1 multi-chain blockchain tailored for Decentralized Physical Infrastructure Networks (DePIN). Capable of handling over 10,000 TPS with minimal costs, it integrates the vast developer ecosystems of Ethereum and Polkadot. The platform supports EVM & ink! Smart Contracts, offering builders a versatile suite of backend functionalities for dApps and DePINs. Key features include machine identities, role-based controls, and AI agents. Through its multi-chain design, Peaq facilitates interaction with Polkadot, Cosmos, and Ethereum, while incentivizing active participation in its Economy of Things-focused ecosystem.