Solana is a viable alternative for a number of other blockchains. According to a recent report, the network is efficient in conducting transactions and greener than Google.
Solana’s November 2021 Energy Use Report shows a new trend that encourages a greener crypto world, at a time when Proof-of-Work (PoW-based) assets are under scrutiny.
Google vs. Solana: Which one is greener?
According to the report, a single Solana transaction consumes 0.00051kWh (or 1,836 Joules) of energy. The report showed a variety of activities that use more energy to put things in perspective. A single Google search consumes approximately 1,080 Joules. This means that two Google searches could consume more energy than one transaction in the Solana network.
The list doesn’t end there. It also takes 24 times less energy to transact on Solana than it does to charge a mobile phone. It also consumes less energy than keeping an LED bulb on for one hour. This consumes approximately 36,000 Joules.
Even more amazing is the fact that the entire Solana network uses only 3,186,000 kWh annually. This is roughly equivalent to 986 households’ average electricity consumption in the USA.
Solana Vows Reduce Carbon Footprint
Leaders around the globe are arguing about global efforts to reduce carbon emissions. The Solana Foundation seems to be interested in working towards carbon neutrality for the cryptocurrency sector.
The organization has pledged to further reduce the environmental impact of the SOL ecosystem. The organization plans to continue its efforts in 2021 by introducing a program that will help make Solana’s validator network CO2-neutral and offset the footprint of this ecosystem.
The foundation announced that it would also release periodic reports on its energy statistics. Solana is a faster, more energy-hungry option to Ethereum. Ethereum has been plagued by high gas fees and a large electricity bill. Now, efficiency and eco-friendly technology are in competition.
But Solana isn’t the only one who is making huge efforts to go green. Numerous platforms, including Ripple and Avalanche as well as Neon Labs, are working to become more energy-efficient.
Marla Brooks – Financial Analysis
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