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Ethereum (ETH) Rival Solana (SOL) Rolls Out New Carbon Emissions Dashboard To Track Environmental Footprint

by crypetonews
April 22, 2023
in Altcoin
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Ethereum (ETH) challenger Solana (SOL) rolled out a new carbon emissions tracker on Friday in a bid to be more environmentally conscious.

The Solana Foundation says it’s the first smart contract blockchain project “to have its emissions measured in real-time.”

It developed the emissions tracker in partnership with Seattle-based carbon data platform Trycarbonara.

The Solana Foundation says it is also working on multiple new features that it hopes will make the network more energy efficient.

“Information and Computing Technology (ICT) accounts for up to 3.9% of global carbon emissions – more than that of the airline industry. Accurate measurement with real-time carbon data is the first step toward cutting emissions. We hope the Solana Foundation’s efforts will inspire other blockchain networks and projects to take similar steps towards measuring their emissions and building a more regenerative on-chain community.”

The tracker embeds software directly on Solana nodes, which the Solana Foundation says will enable an up-to-date, comprehensive measurement of the project’s ongoing carbon footprint.

Source: Solana Foundation

The data portal also includes comparison charts that will show what Solana transactions are equivalent to, emissions-wise.

Source: Solana Foundation

SOL is trading at $21.33 at time of writing. The 11th-ranked crypto asset by market cap is down 2.5% in the past 24 hours.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Midjourney



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Tags: carbonDashboardEmissionsenvironmentalETHethereumfootprintRivalRollsSOLSolanaTrack
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