Solana Foundation Plans to Become Carbon Neutral
The Solana Foundation, the non-profit organization behind the development of the Solana project, intends to implement a program by the end of 2021 to help make the network of validators carbon neutral.
The organization contracted in May energy and climate consultant Robert Murphy, whose task is to determine the impact of transactions performed on the project’s blockchain on the environment.
The project’s energy report published in November reads:
“Transactions are the fundamental building blocks of Solana — buying NFTs, making deals or other things you can do with the network are all transactions.”
According to the document, one transaction in the Solana network requires 0.00051 kWh or 1,836 J of energy, which is comparable to the cost of two searches on Google.
At the same time, the same indicator for Bitcoin is 6,995,592,000 J, and for Ethereum 692,820,000 J.
In total, the Solana network spends about 3,186,000 kWh per year, which is equivalent to the consumption of 986 US households.