Solana Emissions Dashboard for Transparent Blockchain Carbon Footprint
Crypto News

Solana Emissions Dashboard for Transparent Blockchain Carbon Footprint

3d"
1 year ago

The Solana Foundation has teamed up with data platform Trycarbonara to introduce a real-time tracking dashboard aimed at measuring carbon emissions on the Solana blockchain. In a blog post, the foundation stated that this marks the first “major smart-contract blockchain” to measu...

Solana Emissions Dashboard for Transparent Blockchain Carbon Footprint

The Solana Foundation has teamed up with data platform Trycarbonara to introduce a real-time tracking dashboard aimed at measuring carbon emissions on the Solana blockchain.

In a blog post, the foundation stated that this marks the first “major smart-contract blockchain” to measure carbon emissions in real-time. The foundation aims to encourage transparency in carbon emissions within the blockchain ecosystem by this initiative.

The emissions tracker is embedded directly on Solana nodes to ensure accurate measurement of the blockchain’s carbon footprint. The measurement updates in real-time, depending on the throughput of individual validators, their online and offline status, and changes in the validator network over time.

This data includes: total energy consumption, emissions of RPC nodes, carbon footprint of individual validators, and embodied emissions including hardware manufacturing and transport. Below is a snapshot presented by the foundation of the climate impact of the Solana network, taken April 20, 2023.

solanaclimate.com

The information provided in the emissions dashboard is very detailed and can be accessed freely, which makes it possible to thoroughly examine the sources of network emissions right down to the validator level. This enables validators, ecosystem projects, and teams to analyze each individual contribution to the network’s carbon footprint and come up with ways to reduce it.

Starting in November 2021, the Solana Foundation has been regularly hiring outside experts to evaluate the emissions produced by the Solana network. The Foundation aims to improve the accuracy and comprehensiveness of these assessments as time goes on.

In the future, the Solana Foundation plans to keep track of new features that are intended to increase the energy efficiency of the network and make it simpler for members of the Solana community to make environmentally friendly choices. These features include on-chain offset, wallet levels emissions analysis, and automatic offset purchases.

The dashboard is robust and makes it possible to analyze network emissions from a number of different perspectives. Trycarbonara intends to keep developing their platform over time and Solana Foundation hopes to set a new standard for measuring emissions in blockchain by publishing this data.

0 people liked this article

Related Articles

Crypto News
Solana Network To Broadcast Carbon Emissions Data in Real Time
Solana will update a specialized dashboard often with information tracking the network's most important environmental indicators. Read it on.
1 year ago
2d"
Crypto News
CTSI Surges Over 65% in a Week as Rollup Update Approaches
According to CryptoSlate data, the Cartesi (CTSI) token has increased by 68.56% in the seven days following the project’s update announcement on April 11. The Cartesi Rollups are rapidly appr...
1 year ago
3d"
Crypto News
Koto Crypto Launches One-Stop Crypto OTC Desk in Dubai for Buying or Selling Cryptocurrencies wit...
Dubai, United Arab Emirates – Koto Crypto, a leading cryptocurrency transfer service provider, announces the launch of its one-stop crypto OTC desk, enabling individuals to buy or sell crypto...
1 year ago
2d"
Crypto News
“Nigeria doesn’t have fine dining yet,” -You can’t win Opeyemi Famakin on any topic about food
“10/10 is for God. 9/10 is for Me. 8/10 is for the best Dish I taste,” Opeyemi Famakin,…
1 year ago
11d"
Crypto News
North Macedonia Is Most Popular Country for Shiba Inu: Reports Google Trends
Google Trends reported that searches for the Shiba Inu in North Macedonia have skyrocketed, surpassing those of any other country in the world.
1 year ago
1d"
Crypto News
Polkadot price analysis: DOT crashes to $ 5.90 as market sentiment turns negative
Polkadot price analysis shows a downtrend in the market with DOT crashing to $5.90. The bearish momentum accelerated over the weekdays as bears continued to push prices lower amid increasing sellin...
1 year ago
3d"