* Ei reaaliaikaiset tiedot.
* Mikään Euroopan unionin jäsenvaltion toimivaltainen viranomainen ei ole hyväksynyt tätä kryptovaran kuvausta. Kryptovaran tarjoaja on yksin vastuussa tämän kryptovaran kuvauksen sisällöstä.
Energiankulutus: 65700.00000 kWh/a | Uusiutuva energia:
ESG (Environmental, Social, and Governance) regulations for crypto assets aim to address their environmental impact (e.g., energy-intensive mining), promote transparency, and ensure ethical governance practices to align the crypto industry with broader sustainability and societal goals. These regulations encourage compliance with standards that mitigate risks and foster trust in digital assets.
| Name | Coinmotion Oy |
| Relevant legal entity identifier | 743700PZG5RRF7SA4Q58 |
| Name of the crypto-asset | IOTA |
| Consensus Mechanism | IOTA employs a unique consensus model based on a Directed Acyclic Graph (DAG) known as the Tangle, which removes the need for traditional blockchain mining and centralized validators. In this system, every transaction contributes directly to network consensus. Core Components: 1. Tangle (DAG Structure): Transaction Validation: Each transaction must approve two previous transactions, creating a network of interconnected transactions that validate each other without a linear block structure. Decentralized Consensus: By having every participant validate two transactions, IOTA’s Tangle enables a fully decentralized consensus mechanism without the need for dedicated miners or validators. 2. Coordinator Node: Network Stability and Security: IOTA currently employs a special node, the Coordinator, to protect the network from certain attacks, like double-spending, and maintain stability as the Tangle continues to grow. |
| Incentive Mechanisms and Applicable Fees | IOTA operates without traditional transaction fees or miner rewards, relying instead on its unique Tangle structure, where each transaction confirms others, providing inherent incentives for network participation. Incentive Mechanisms: 1. Feeless Transactions: User-Driven Validation: In IOTA, each transaction validates two others, eliminating transaction fees and encouraging participation through mutual validation. 2. Smart Contract Gas Fees: Smart Contract Execution Costs: While standard transactions are feeless, IOTA smart contracts use a gas fee model similar to Ethereum’s. Gas fees are required for executing computational steps, calculated based on resource consumption like storage and processing complexity. Applicable Fees: 1. Smart Contract Fees: Gas Model for Contracts: Smart contracts on IOTA incur gas fees, aligning with the resource requirements of each operation to ensure efficient network utilization. |
| Beginning of the period | 2024-06-09 |
| End of the period | 2025-06-09 |
| Energy consumption | 65700.00000 (kWh/a) |
| Energy consumption resources and methodologies | For the calculation of energy consumptions, the so called “bottom-up” approach is being used. The nodes are considered to be the central factor for the energy consumption of the network. These assumptions are made on the basis of empirical findings through the use of public information sites, open-source crawlers and crawlers developed in-house. The main determinants for estimating the hardware used within the network are the requirements for operating the client software. The energy consumption of the hardware devices was measured in certified test laboratories. When calculating the energy consumption, we used - if available - the Functionally Fungible Group Digital Token Identifier (FFG DTI) to determine all implementations of the asset of question in scope and we update the mappings regulary, based on data of the Digital Token Identifier Foundation. |
| Renewable energy consumption | |
| Energy intensity | (kWh) |
| Scope 1 DLT GHG emissions - Controlled | (tCO2e/a) |
| Scope 2 DLT GHG emissions - Purchased | (tCO2e/a) |
| GHG intensity | (kgCO2e) |
| Key energy sources and methodologies | |
| Key GHG sources and methodologies |
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