What Is Proof-of-Donation?
Proof-of-donation refers to the integration of charitable donations into the functionality of a blockchain.
Typically, this describes a redirection of funds, set by a smart contract and triggered upon each transaction, toward a charitable destination.
The charitable donation can be given to a wallet owned by a charity or a separate fund controlled by a DAO or other party.
Fostering Altruism on the Blockchain
Proof-of-donation is a modification of a traditional proof-of-burn that aims to bring altruism and sustainability to the blockchain transfer model.
As blockchain activity scales, given the programmatic redistribution of funds, the charitable donations will likewise scale and contribute to the sustainable growth of the network.