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Carboncoin (CARBON) is a digital currency that was created to help the fight against climate change. It is a peer-to-peer digital currency that uses a decentralized network to process transactions. It was created in 2014 and is based on the Bitcoin protocol.
The purpose of Carboncoin is to incentivize people to reduce their carbon footprint. It does this by rewarding users with Carboncoin for taking certain actions that reduce their carbon footprint. This could include things like buying renewable energy, buying carbon offsets, or planting trees. The currency is also designed to be used to fund projects that help reduce carbon emissions.
The Carboncoin network is secured by a proof-of-work system, which requires miners to solve complex mathematical puzzles in order to process transactions and create new coins. The rewards for miners are split between the miner and the Carboncoin Foundation, which is a non-profit organization that funds projects related to climate change.
The Carboncoin Foundation also provides an online platform for users to track their carbon footprint and to view the projects that are being funded by Carboncoin. This platform is called the Carboncoin Dashboard.
Carboncoin is an open source project and is available for anyone to use. It is currently traded on several exchanges, including Cryptopia and YoBit.
Overall, Carboncoin is an innovative digital currency that is designed to help fight climate change. It is a great way for people to reduce their carbon footprint and to support projects that help reduce carbon emissions. The currency is still relatively new, so it is not yet widely used, but it is gaining traction and it could be a great way to make a difference in the fight against climate change.