It is no more news that the media claimed that "The extraction of cryptocurrency leads to global warming", which is solely based on the fact that Bitcoin and its mining processes require large quantity of electricity as well as creating an environmental problem called "greenhouse effect".
This is not to say that the claims of environmental experts are meaningless. And I seem not to understand the nuances, since there are also enough different opinions of this theory. Let me just say that the solution was found long ago. PoW (Proof_of_Work), which the standard protocol of Bitcoin is considered obsolete. All experts offer more energy-efficient PoS or at worst, a hybrid of PoS and PoW.
There is one more nuance in favor of this technology. Many reproach Bitcoin for "bloating" its assets - they say that it is not physically supported by anything and uses the technology of a "bubble". Now let's imagine that the nearest Bitcoin forks will not only use new blockchain technologies that reduce the "greenhouse effect" from mining. But also to be based on stable banknotes supported by real currency, plus futures aimed at improving the ecological environment.
And here is one of these projects: Bitcoin Air.
In fact, this is a two-level blockchain, which is designed to establish interaction between consumers and buyers, which reduce the impact of harmful emissions into the atmosphere (the so-called "carbon emissions").
With the help of Bitcoin Air, sellers will be able to make transactions and record sales quickly, conveniently and safely, as it is impossible in traditional banking systems. Buyers will get the most complete access to all possible methods to reduce carbon emissions. At the same time, there will be no limitations for buyers than to pay and built-in conversion will allow you to replenish your account for fiat currencies.
KEY FEATURES OF BITCOIN AIR
Bitcoin Air does not have any ICO and AirDrop XAP coins will be distributed between the holders of the original Bitcoin and PeerCoin. PeerCoin here, by the way, is far from being in vain - the creators of Bitcoin Air have a direct bearing on its creation. Bitcoin Air will use the existing developments in the field of creating a two-level blockchain, which was used when creating PeerCoin.
Bitcoin Air will work on a hybrid network of PoW and PoS - HDPoS / W. This will not only speed up the network, but also easily scale it, while not requiring exorbitant energy costs, as with ordinary mining.
Bitcoin Air will use mint / burn technology (burning and making coins), depending on the realities of the market. This will allow stabilizing cryptocurrency volatility and controlling its relevance.
The cost of Bitcoin Air will be governed by two factors. The first is the reinforced price of the coin at the top level of the blockchain, where the USDAP will be used, which is linked to the price of the 1st American dollar. The second factor is the cost of the so-called "carbon credit".
WHAT IS CARBON CREDIT?
A carbon loan is the equivalent of the amount paid by a “hazardous production” company as a penalty for air emissions. The cost of emissions of 1 ton of carbon dioxide is taken as an equivalent. What’s more, it’s a loan, not a fine, since under the adopted convention, companies that, on the contrary, have no harmful emissions, are supplied with such loans and can sell them later.
Better still, let me explain in layman's terms. There are 2 companies - one deals with the processing of metal and has harmful emissions, and the second does the processing of hemp and releases paper from a renewable resource. The first company must have a carbon credit, the second gets it as a subsidy. To operate the first company - it must redeem the loan second. It's simple!
With Bitcoin Air everyone can make a contribution to the health of our planet. With that make it easy, fast and safe.
BITCOIN AIR TOKEN (XAP)
Bitcoin Air Token: A total of 100,000 XAP has been allocated for prizes (equivalent to around $ 1,000,000 if calculated by the predicted value of XAP ($ 10 Each)
The Bitcoin Air Token will be distributed by allocating users of BABT (Bitcoin Air Bounty Tokens) that temporarily ERC20 Tokens made for gift purposes. Users will get a fixed number of BABT for each action they complete as part of the gift. After the fork, users will be able to exchange their original ERC20 BABT token for Bitcoin Air (XAP) at a rate of 1000 BABT / XAP.
For more information, please follow the link below:
Website: http://www.bitcoinair.org
Telegram: https://t.me/BitcoinAirENG
Reddit: https://www.reddit.com/r/BitcoinAir/
Twitter: https://twitter.com/BitcoinAirNews
Twitter: https://twitter.com/BitcoinAirUSA
Discord: https://discord.gg/Cr92Htu
Media: https://medium.com/@BitcoinAirNews
Github: https://www.github.com/BitcoinAir
Announcements: https://t.me/BitcoinAirANN
Writer's Details:
Writer's Name: Sandus_Cryptolover
BitcoinTalk URL: https://bitcointalk.org/index.php?action=profile;u=1983730
ETh Wallet Address: 0x9d09d934cF88694650dd335879a7E33114D78013