Fri, November 8

Solana Network To Broadcast Carbon Emissions Data in Real Time

Solana Network To Broadcast Carbon Emissions Data in Real Time Blockchain News
  • Solana has partnered with the carbon data platform Trycarbonara.
  • The dashboard gets data in real-time from applications running on Solana validator nodes.

The Solana Foundation has revealed that the company is now collecting statistics on its carbon emissions in real-time. Claims have been made that this is a first for “a major smart contract blockchain network.” The code that runs Dapps and NFT projects is stored in smart contracts.

As of right now, Solana will update a specialized dashboard regularly. This would be with information tracking the network’s most important environmental indicators. Such as its energy usage, carbon footprint, and network power intensity.

Although it updates every two weeks, the dashboard itself gets data in real-time from applications running on Solana validator nodes.

Disclosing Environmental Impact 

The emissions monitor is a product of Solana’s partnership with the carbon data platform Trycarbonara, and it compiles statistics using on-chain data and information supplied by a random subset of Solana validators.

More accurate estimates of Solana’s energy usage may be derived from this granular data, which monitors when individual validators are online and offline and the geographic context in which they utilize energy.

Blockchain networks have long been a source of controversy due to the significant quantities of energy required for cryptocurrency mining and on-chain transactions.

The Solana Foundation, which ensures the smooth functioning of the decentralized Solana network, wants to change the way crypto users view their impact on the environment by setting an example by disclosing the environmental impact of their own network.

According to CMC, the Solana price today is $21.93 USD with a 24-hour trading volume of $501,821,754 USD. Solana is down 2.00% in the last 24 hours.

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