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 |
Taiko |
Consensus Mechanism |
Taiko combines optimistic and zero-knowledge (ZK) rollup architectures through its BCR framework, enabling enhanced scalability and decentralization for Layer 2 solutions. Core Components: BCR Architecture: Integrates optimistic and ZK rollups to optimize transaction throughput, reduce costs, and maintain security. Sequencer Network: A decentralized network of sequencers organizes transactions into blocks and posts data to the Data Availability Layer, ensuring efficient and orderly processing. Multi-Proof System: Supports multiple proof types for greater flexibility and reliability in transaction validation. Contestable Proofs: Includes a cooldown mechanism during which submitted proofs can be challenged, enhancing security and trust in the system. |
Incentive Mechanisms and Applicable Fees |
Taiko's incentive model rewards participants for transaction validation, block proposals, and proof generation, while users pay fees for network usage. Incentive Mechanisms: Transaction Fees: Users pay fees in Ether (ETH) for transactions conducted on the Taiko Layer 2 network. Block Proposer Incentives: Block proposers must burn TKO tokens and pay ETH to Ethereum validators, aligning economic incentives with network stability. Proof Generation Rewards: Participants who successfully generate valid zero-knowledge proofs receive rewards, encouraging active contribution to the network's security and efficiency. |
Beginning of the period |
2024-06-09 |
End of the period |
2025-06-09 |
Energy consumption |
13140.00000 (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. Due to the structure of this network, it is not only the mainnet that is responsible for energy consumption. In order to calculate the structure adequately, a proportion of the energy consumption of the connected network, ethereum, must also be taken into account, because the connected network is also responsible for security. This proportion is determined on the basis of gas consumption. 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 |
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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 |
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Key GHG sources and methodologies |
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