It takes half as much energy per transaction on this network as it does for a request to Google

​The Solana Foundation has announced the launch of a carbon-neutral validator network

30.11.2021 - 11:00

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1 min

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.

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.

Author:

Vasiliy Smirnov Vasiliy Smirnov

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