Solana’s network is greener than Google, the latest report shows
Solana‘s network is said to be more environmentally friendly than Google, according to a new report, as a transaction on the blockchain requires less energy than two Google searches. So read more in today’s blockchain news.
Solana has proven to be a great alternative to a wide variety of blockchains and networks that are not only efficient with transactions but also more environmentally friendly than internet browsing giant Google, according to the latest report. At a time when the carbon footprint of proof-of-work assets is under scrutiny, Solana’s latest 2021 Energy Usage Report highlights an entirely new trend accelerating a greener crypto space.
According to the report, the Solana platform found that a single transaction on the blockchain was consuming 0.00051 kWh, or 1,836 joules of energy, so, to put things in perspective, the report triggered a variety of consuming activities around the world 1080 joules. This means that two Google searches use more energy than one “transaction”. Trading on Solana uses 24 times less energy than charging a cell phone, which means it uses less energy than holding an LED lamp for an hour with a consumption of up to 36,000 joules.
What’s even more interesting is that the entire grid uses around 3,186,000 kWh per year, which is the average power consumption of 986 households in the states. Meanwhile, leaders around the world are debating efforts to reduce carbon emissions, but for the crypto sector, the Solana Foundation seems keen to move towards carbon neutrality. . The organization is committed to mitigating the effects of the SOL ecosystem and plans to launch a program for the remainder of 2021 that will support the creation of a network of climate neutral validators and offset the ecosystem’s footprints.
In addition to these steps, the platform announced that it will be releasing reports on the project’s energy stats, and it looks like Solana is a faster, less energy-intensive alternative to the battered Ethereum towels with high gas bills and electricity bills. very expensive. Solana isn’t the only one making great efforts to go green as multiple platforms like Ripple and Avalanche are working to become energy efficient.
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Blockchain
Solana’s network is greener than Google, the latest report shows
Solana‘s network is said to be more environmentally friendly than Google, according to a new report, as a transaction on the blockchain requires less energy than two Google searches. So read more in today’s blockchain news.
Solana has proven to be a great alternative to a wide variety of blockchains and networks that are not only efficient with transactions but also more environmentally friendly than internet browsing giant Google, according to the latest report. At a time when the carbon footprint of proof-of-work assets is under scrutiny, Solana’s latest 2021 Energy Usage Report highlights an entirely new trend accelerating a greener crypto space.
According to the report, the Solana platform found that a single transaction on the blockchain was consuming 0.00051 kWh, or 1,836 joules of energy, so, to put things in perspective, the report triggered a variety of consuming activities around the world 1080 joules. This means that two Google searches use more energy than one “transaction”. Trading on Solana uses 24 times less energy than charging a cell phone, which means it uses less energy than holding an LED lamp for an hour with a consumption of up to 36,000 joules.
What’s even more interesting is that the entire grid uses around 3,186,000 kWh per year, which is the average power consumption of 986 households in the states. Meanwhile, leaders around the world are debating efforts to reduce carbon emissions, but for the crypto sector, the Solana Foundation seems keen to move towards carbon neutrality. . The organization is committed to mitigating the effects of the SOL ecosystem and plans to launch a program for the remainder of 2021 that will support the creation of a network of climate neutral validators and offset the ecosystem’s footprints.
In addition to these steps, the platform announced that it will be releasing reports on the project’s energy stats, and it looks like Solana is a faster, less energy-intensive alternative to the battered Ethereum towels with high gas bills and electricity bills. very expensive. Solana isn’t the only one making great efforts to go green as multiple platforms like Ripple and Avalanche are working to become energy efficient.
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