Solana Launches Carbon Emission Tracker: Setting a New Standard

• Solana launched a dashboard to track carbon emissions using on-chain data.
• The tracker will measure network energy consumption, carbon footprint and power intensity in real time.
• The foundation hopes this tool will set a new standard for the industry.

Solana Launches Carbon Emissions Dashboard

Solana has launched a dashboard to monitor its blockchain’s carbon emissions in real time. The tracker uses on-chain data to measure the network’s energy consumption, carbon footprint and power intensity, among other metrics. This information is available for everyone in real time via a public dashboard updated every two weeks. Solana developed this emissions tracker with Trycarbonara and hopes it sets an industry standard for measuring blockchain emissions.

Emissions Problem Prevails in Crypto Industry

High carbon emissions have been an ongoing PR problem for the crypto industry as blockchains are seen as gas-guzzlers. To combat this narrative, Solana created a transparent tool that offers more precise measurements than before. This tracker is open source and can be scrutinized at the validator level for accuracy and reliability of data.

Comparing Blockchains

Whilst Solana boasts lower energy use than other blockchains, Ethereum has seen its energy usage decrease drastically since it moved to proof of stake consensus mechanism. Hence, both systems have their own advantages which must be taken into account when comparing them objectively.

Growing Environmental Impact of Blockchain Technology

As blockchain technology becomes increasingly popular, it’s environmental impact also grows significantly and needs to be addressed promptly if we want to ensure sustainability within our industry and beyond. By launching its emission’s dashboard, Solana is preempting the criticism surrounding blockchain’s carbon footprint by adding transparency to the conversation around crypto’s environmental impact .

Recent Developments Related To Carbon Emission Tracking

Recently Helium completed its migration to Solana and Binance successfully completed its deal with Voyager – both developments related to blockchain technology’s ability to track carbon emissions better than ever before .