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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 | Bitpanda Asset Management GmbH, Bitpanda GmbH |
Relevant legal entity identifier | 9845005X9B7N610K0093, 5493007WZ7IFULIL8G21 |
Name of the crypto-asset | supra |
Consensus Mechanism | Supra incorporates the Moonshot consensus protocol, a hybrid mechanism designed to enhance security and scalability in distributed networks. Moonshot combines elements of probabilistic and deterministic consensus, leveraging a secure pseudo-random selection process to choose validators for block proposal and validation. This method mitigates risks associated with targeted attacks on validators and ensures a fair distribution of validation responsibilities. The protocol integrates Proof of Stake (PoS) and Byzantine Fault Tolerance (BFT) principles to achieve deterministic finality and resilience. |
Incentive Mechanisms and Applicable Fees | The incentive structure in Supra is tied closely to its Moonshot protocol. Validators are rewarded for their participation in block proposal and validation, with compensation derived from transaction fees and potential protocol-defined block rewards. Transaction fees, paid by users, are calculated based on the complexity of transactions and the network's current demand. |
Beginning of the period | 2024-09-14 |
End of the period | 2025-09-14 |
Energy consumption | 175024.80000 (kWh/a) |