A
ammu40
Guest
A new joint venture between Sustainable Bitcoin Protocol (SBP) and BitGo is set to launch the "Sustainable Bitcoin Certificate" (SBC), which is an on-chain asset that represents sustainable Bitcoin mining. The goal is to address environmental concerns related to Bitcoin mining, which uses non-renewable energy sources and contributes to carbon pollution. The SBC will offer an on-chain alternative to off-chain carbon credit models and will help institutional investors hold Bitcoin sustainably. A "proof of sustainability API" is also in development to allow investors to show they hold a 1:1 ratio of BTC and SBC. The partnership aims to drive the clean energy transition and change the narrative around Bitcoin's sustainability problems.