Solana Foundation announced carbon neutrality of the network | NFT / BTC / DEFI News 📣

Solana Foundation announced carbon neutrality of the network

The non-profit organization Solana Foundation, which is behind the development of the Solana project, plans to introduce a program that will help make the network of validators carbon neutral by the end of 2021.

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

In May, the organization signed a contract with energy and climate consultant Robert Murphy. The task of the specialist is to determine the impact of transactions performed on the blockchain on the environment.

“Transactions are fundamental components of Solana: buying NFT, making transactions or other actions that you can perform using the network are all transactions,” the November energy consumption report of the project says.

According to the document, one transaction in the Solana network requires 0.00051 kWh or 1,836 J of energy. This is comparable to the cost of two Google search queries.

At the same time, the same indicator for bitcoin is 6,995,592,000 J, Ethereum - 692 820,000 J.

In total, the Solana network uses approximately 3,186,000 kWh per year, equivalent to the consumption of 986 households in the United States. There are 1,196 validators in the blockchain confirming about 20 million transactions during this period.

The Solana Foundation stated that it intends to further reduce the environmental impact of the Solana ecosystem.

“By the end of 2021, the fund plans to introduce a program that will help make the network carbon neutral and compensate for the environmental impact,” the report says.

Recall that in October Solana Foundation opened for validators the possibility of launching nodes on leased server equipment