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GreenBitcoin
2024.03.01 16:17
About Us Technology Team News Roadmap Whitepaper
AI governed distributed on-chain storage system
Green Bitcoin aims at overcoming the shortages of existing blockchains by building up an energy-efficient, work-useful, scalable, and green blockchain system. Green Bitcoin is dedicated to promoting the blockchain industry through an environmentally friendly lens.
Discover Green Bitcoin
Our Features
Energy Efficiency
The design of the consensus algorithm in Green Bitcoin allows nodes to reach a consensus within limited computing and communication resources.
Useful Work
Not only will the miner selected to create the next block be rewarded, but all miners will be rewarded for the contribution they made to the network.
Scalability
The tailored distributed storage system ensures the efficient reading and writing of the streaming data.
Green Energy
The incentive mechanism in Green Bitcoin takes the energy type into consideration and gives nodes who use renewable energy more rewards to help protect the environment.
Technology behinds Green Bitcoin
Green Bitcoin offers an alternative blockchain solution with a brand-new network architecture, storage system, consensus algorithm, incentive mechanism, and security technique. The primary goal of Green Bitcoin is to solve the underlying issues of Bitcoin through four aspects of success: energy efficiency, useful work, scalability, and green energy.
Learn more about our Technology
Our Research Team
CloudTech-RMIT Green Cryptocurrency Joint Research Laboratory (GreenCryptoLab) is a research hub dedicated to bringing researchers and industry experts from across Australia to contribute to advancing the technologies around Green Cryptocurrency.
Learn more about Green Crypto Research Team
Professor Zahir Tari Director Dr. Hai Dong Deputy Director Dr. Nasrin Sohrabi Chief Researcher Dr. Md. Redowan Mahmud Researcher Professor Zahir Tari Director Dr. Hai Dong Deputy Director Dr Chenhao Xu Lab Coordinator Dr. Nasrin Sohrabi Lab Coordinator Fitrio Pakana Researcher Qi Xiong Researcher Saba Fathi Researcher
Our Partner
Learn more about Green Bitcoin Foundation
News 21 Oct 2022 ‘The Future of Blockchain’, Part Two: Green Bitcoin
Keynote talk delivered by Dr. Hai Dong, of RMIT, at The Australian Crypto Convention, September 2022
Read More → 21 Nov 2022 A Glimpse Of The (Near) Future
One of the great things about a strong community is its ability to galvanise when times are tough. And right now in the crypto community times are, at least on the surface, tough. With a market winter that looks set to last for all eternity Read More → 12 Aug 2022 The enormous environmental cost of crypto mining Crypto’s mines-to-ledgers technology has roots as far back as early Micronesian society, though today’s energy-intensive process is a far greater threat to the planet, requiring urgent solutions to reduce its carbon footprint. By Richard Cooke. Read More → 23 Nov 2022 Crypto goes eco Bitcoin’s well-founded problems with environmental inefficiency are leading to new innovations with the digital currency.
Read More → 16 Nov 2022 ‘Bitcoin uses more energy than Argentina’: Aussie firm CloudTech and RMIT uni Bitcoin has an energy-chewing PR problem. Aussie blockchain firm CloudTech Group knows this, which is why it teamed up with RMIT University to form a research lab to help tackle the issue. Read More → 19 May 2022 Green Bitcoin - The final answer to environmental problem The Bitcoin network is the first payment network based on blockchain technology proposed by Satoshi Nakamoto in 2008, with the first block being created in January 2009. Over the past 13 years, Bitcoin has evolved from Read More → 12 May 2022 CloudTech-RMIT Joint Crypto Research Lab Launch Event CloudTech-RMIT Green Cryptocurrency Joint Research Laboratory (GreenCryptoLab) has been successfully launched on 6 May 2022, Australia’s first research lab which helps the advancement of Green Cryptocurrency technologies Read More → 11 May 2022 Australian University Launched a ‘Green’ Research Lab Australia’s Royal Melbourne Institute of Technology (RMIT) has successfully launched its Green Cryptocurrency Laboratory. Co-founded with the CloudTech Group, a leader in FinTech and blockchain technology, the lab will Read More →