Algorand Ups Sustainability Pledge With Self-Executing Code

“We decided to make our carbon-negative pledge forever with blockchain transparency and perpetual smart contracts,” Ihsanullah said in an interview. “A smart contract takes the parameters of the blockchain – how many relays are involved, how many nodes are involved, how many transactions, etc. – and comes up with the offset power that needs to be paid for, and then uses transaction fees to pay for that.”