The Solana Foundation has announced the launch of a carbon-neutral validator network
It takes half as much energy per transaction on this network as it does for a request to Google
30.11.2021 - 11:00
212
1 min
0
What’s new? The non-profit organization behind the Solana blockchain has announced a new project on Twitter. It will help make the network carbon-neutral.
Really proud we were able to pull this report on Solana's energy usage together in time for Thanksgiving https://t.co/rmQzFpUGdj— Austin Federa 🦀🤙 (@Austin_Federa) November 24, 2021
How effective is the project? It takes 0,00051 kWh or 1836 J of energy per transaction on the Solana network. This compares to the cost of two Google searches. By contrast, the indicator for bitcoin is 6 995 592 000 J and for Ethereum it is 692 820 000 J. The new Solana development reduces the energy consumption for mining by hundreds of times, which has a positive effect on the climate and the environment.
What are the future plans? The Solana Foundation plans to further develop its technology. By the end of 2021, the company will implement a program that will further reduce energy costs.
Useful material?
Business
The rate exchange of the native ACH token reacted with a 10% increase
Apr 18, 2024
Market
Miners are hunting for the first block after halving as the value of the first satoshi could exceed $1 million
Apr 18, 2024
Market
The platform will be non-custodial and accessible to everyone
Apr 15, 2024
Market
China Asset Management, Harvest Global Investments, and Bosera Asset Management have received permits
Apr 15, 2024
Market
The founder of the exchange announced his readiness for years of legal proceedings to prove the legality of its operation
Apr 11, 2024
Mining
According to Fred Thiel, this event has already been factored into the price as a result of the high demand for BTC ETFs in the United States
Apr 10, 2024