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- Burning a gallon of gasoline produces 140,416.67 transactions on the Solana blockchain.
- Recently Helium has completed its migration to Solana.
Solana Foundation and Trycarbonara partnered and launched a real-time carbon emission tracker dashboard on the Solana blockchain.
As per the blog post of the Solana community, the ongoing development represents the first major smart-contract blockchain to track real-time carbon emission data. The foundation believes in a trend toward carbon emission transparency in the blockchain ecosystem.
“ The Solana community hopes to establish a new standard to measure emission in blockchain by updating this data.”
The newly launched dashboard is available on the Solana Climate website, which currently counts the total number of nodes,megawatt-hours, overall carbon emissions, average and marginal use, alongside numerous other indicators.
The dashboard will also feature numerous charts where users can view side-by-side conversions depicting Solana usage versus numerous other emission-producing activities.
According to chart data, one gallon of gasoline emits equivalent to 140,416.67 transactions on the Solana blockchain. At the same time, performing a Google search adds up to one and a quarter of transactions.
The data used to power the Solana real-time carbon emissions dashboard is available open-source and is modeled on the estimated carbon footprint of the Dell PowerEdge R940.
The launch of a real-time tracker dashboard came after the increasing global efforts to use blockchain technology to monitor global carbon emissions. Blockchain technology can be used to calculate better, track and report on reducing the carbon footprint.
Recently, on April 20, 2023, TheCoinRepublic reported that Helium had completed its migration to Solana after more than a year of careful planning and development. This would begin a new phase of scalability and reliability for the decentralized wireless network.
Also, the added benefits would be faster transaction speeds, new smart contract capabilities, and NFT minting tied to migration. The Solana Foundation claims that minting about 1 Million NFTs on the Ethereum main net could cost around $33.6 Million. This NFT compression feature allows creators and brands to provide vast NFTs to large audiences without additional costs.
As per CoinMarketCap, the native token of Solana is ranked as the 10th most traded token among 23,547 cryptocurrencies. At the press time, SOL was trading at $21.33 with a 24-hour trading volume of $438,179,596.
In the last 52 weeks, SOL highest traded at $102.77 and lowest traded at $8.1413. Significant SOL tokens are traded on Coinbase, Kraken, Huobi Global, KuCoin, Bitstamp, and Uphold.
Disclaimer
The views and opinions stated by the author, or any people named in this article, are for informational purposes only and do not establish financial, investment, or other advice. Investing in or trading crypto assets comes with a risk of financial loss.
Andrew is a blockchain developer who developed his interest in cryptocurrencies while pursuing his post-graduation major in blockchain development. He is a keen observer of details and shares his passion for writing, along with coding. His backend knowledge about blockchain helps him give a unique perspective to his writing skills, and a reliable craft at explaining the concepts such as blockchain programming, languages and token minting. He also frequently shares technical details and performance indicators of ICOs and IDOs.
