The Solana Foundation has collaborated with TryCarbonara, a data platform, to launch a unique online dashboard that provides real-time monitoring of the amount of carbon dioxide emitted by its blockchain.
Solana’s website notes that this project represents a significant milestone as the first “large-scale smart contract-enabled blockchain” to incorporate carbon emissions tracking into its operations.
The leadership of the organization is optimistic that this initiative will inspire other blockchain networks to follow suit and implement similar carbon monitoring panels.
In the Solana Foundation’s announcement, they proudly declare that they are leading the charge against climate change among cryptocurrency industry players.
Their project is among the first blockchain networks whose emissions are measured in real-time thanks to the new data portal that was developed in collaboration with TryCarbonara.
The dashboard provides a wealth of information, including the total number of nodes, energy consumption, and average carbon dioxide emissions, among other metrics.
The comparison of Solana’s blockchain emissions with other examples of carbon dioxide emissions is particularly enlightening.
For instance, burning a gallon of gasoline generates as much CO2 as 140,416 transactions on the Solana Foundation network.
It is worth noting that the World Economic Forum (WEF) launched the Cryptocurrency Sustainability Coalition last fall to evaluate the role of digital assets and blockchain in combating climate change.
Solana Foundation’s partnership with TryCarbonara, which has resulted in the development of this innovative carbon monitoring dashboard, is an essential step towards creating a sustainable and environmentally responsible cryptocurrency industry.