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We can\u2019t repeat the poor pandemic planning\u2026<\/h2>\n\t
\n\tA NOTE ABOUT THE CO2BIT ECOSYSTEM:<\/span>\n\t
\n\tThe technology behind the Co2Bit tokens is similar to Bitcoin and based on Ethereum blockchain technology. Unlike Bitcoin who utilizes a PoW (proof-of-work) algorithm, Co2Bit plans on being implemented as a PoS (Proof of Stake) token that will not waste energy in CPU\/GPU or ASIC mining. \n\t
\n\tCo2Bit provides a means to finance a broader scope of projects than Voluntary Carbon Credits with greater humanitarian impact and serve to enable evolving participation in our global economy for all. \n\t
\n\tCandidate project proposals for Co2 token infusion can be communicated through numerous forums for evaluation by our implementation partners. \n\t<\/p>\n\t<\/div>\n\t
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CO2Bit \u2013 Sustainable
\nFor All<\/h2>\n
The CO2Bit Network is a worldwide group of computer participants which process CO2Bit transactions and writes them into the CO2Bit Blockchain ledger. <\/p>\n
\n CO2Bit Tokens are used to invest in CO2 Mitigation, Forestation, Wind, Agricultural Improvements, Solar and green micro-grid sustainable power projects around the globe.\n
\nOur Partners are committed to long term participation in the CO2Bit ecosystem. Their guidance and direct involvement raise confidence in the viability of the Environmental and Humanitarian Projects and in CO2Bit.\n<\/p>\n<\/div>\n
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<\/span>\n 01<\/strong>\n Select Co2Bit tokens can be bought and sold online with Bitcoin or other Alt or Fiat currencies or between individual wallets with no fees. Currently, Co2B and Co2AI trade publicly and Co2 only privately. \n <\/div>\n \n
<\/span>\n 02<\/strong>\n CO2Bit and its Partners recognize the various other initiatives underway to support this mission and desire to partner openly with all sustainability participants in the pursuit of a better planet. We believe that cooperation, coordination and even consolidation of the various finance mechanisms will lead to enhanced results.\n <\/div>\n <\/div>\n \n \n \t
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<\/span>\n 03<\/strong>\n Users install a CO2Bit wallet application (there are some web-browser-based options) that provides their unique address to receive, send and store CO2Bit.\n <\/div>\n \n
<\/span>\n 04<\/strong>\n Someday, CO2Bit \u201cStakers\u201d will enable the work that builds and maintains the CO2Bit Blockchain, receiving CO2Bit interest for their effort. (Proof of Stake) The initial implementation of POS vs the current POW authentication methodology is planned via the Ethereum Network as an ERC20 compliant token. \n <\/div>\n <\/div>\n <\/div>\n\n<\/div>\n<\/div><\/div><\/div><\/div><\/div><\/div><\/div>