Regulated
Austria based and European regulated crypto & securities broker platform
Read more
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 | tx_token |
Consensus Mechanism | TX Chain uses a bonded Proof-of-Stake consensus model. Validators participate in block production and network security by staking TX tokens, while delegators can assign stake to validators and share in the consensus process indirectly. The network relies on CometBFT to provide deterministic finality and resilience against Byzantine faults. Validator misconduct can trigger slashing, with penalties enforced at the protocol level. |
Incentive Mechanisms and Applicable Fees | The TX token is used for transaction fees, staking, and validator incentives. Gas fees are paid for blockspace and network operations, with fee levels adjusting according to network usage. Validators and delegators receive staking rewards for securing the chain, while longer-term token emissions are structured to support validator participation, ecosystem development, and broader network growth. |
Beginning of the period | 2025-03-29 |
End of the period | 2026-03-29 |
Energy consumption | 35478.00000 (kWh/a) |