Solana Network To Broadcast Carbon Emissions Data in Real Time
Solana has recently partnered with Trycarbonara, a carbon data platform, to create a specialized dashboard that would broadcast environmental data of its network in real-time. The data collected is from applications running on Solana validator nodes. According to the Solana Foundation, this is a pioneering move in the world of smart contract blockchain networks.
The smart contracts that store the code for decentralized applications (Dapps) and non-fungible token (NFT) projects running on Solana will be monitored in real-time. The dashboard tracks essential environmental indicators, including energy consumption, carbon footprint, and network power intensity. The dashboard will be updated every two weeks.
Solana's dashboard receives real-time data from applications running on Solana validator nodes. While the emissions monitor is a product of Solana's partnership with Trycarbonara, it compiles statistics using on-chain data and information provided by a random subset of Solana validators.
The granular data collected can provide a more accurate estimate of Solana's energy usage by tracking when individual validators are online. This is a significant step towards ensuring that blockchain networks can address environmental concerns arising from cryptocurrency mining and on-chain transactions.
As a decentralized network, the Solana Foundation seeks to set an example for the crypto industry by disclosing the environmental impact of its own network. The Solana Foundation aims to change the perspective of crypto users towards their impact on the environment.
At the time of writing, Solana's price is USD 21.93, with a 24-hour trading volume of USD 501,821,754. Solana is down 2.00% in the last 24 hours.
Key Takeaways
- Solana has partnered with Trycarbonara to create a specialized dashboard that will broadcast environmental data of its network in real-time.
- The dashboard tracks essential environmental indicators, including energy consumption, carbon footprint, and network power intensity. The dashboard is updated every two weeks.
- The emissions monitor collects granular data that provides a more accurate estimate of Solana's energy usage by tracking when individual validators are online.
- Solana aims to change the perspective of crypto users towards their impact on the environment by setting an example and disclosing the environmental impact of its own network.