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Solana publishes a report on its energy efficiency

SOL would be more environmentally friendly than Google

As is well known, public opinion on the problem of global warming is currently at its peak. The movement Friday for Futurein particular, he brought to general attention the issue relating to the dangers for the environment linked to a distorted development model.
A problem to which he was unable to give any kind of answer there recent climate conference in Glasgow called COP26. In the course of which, as is unfortunately a sad custom, world governments have given generic reassurances, without however putting on paper a shred of practical answer.
Also the sector of cryptocurrency, in turn, it must take due account of the ongoing discussion. The mining and the transactions that take place on blockchain, in fact, they are accused of being energy-hungry and causing extensive damage to the environment.

Solana's report on her energy use

In the ongoing discussion, we enter theSolana's Energy Use Report for November 2021, published by Solana Foundation. Within which a rather surprising data is reported, namely i 1836 Joules of energy that would be needed to initiate a transaction on its network.
Why is the data very surprising? The reason is to be found in the comparison with other simple activities which require energy consumption to be carried out. Starting from research that every day happen on Google. Suffice it to say that, according to Solana's report, 1080 Joules are required to complete just two.
While the simple charging a mobile phone it needs 24 times more energy. Even more merciless is the comparison with the consumption related to the use of one LED bulb for an hour, which stands at 36 thousand Joules. A series of data such as to give SOL a real driving license in terms of eco-sustainability.

Solana vs Bitcoin: there is no story

In case the comparison in terms of energy efficiency is made towards the Bitcoin, the race has practically no reason to start. In fact, according to the latest published reports, it is believed that the cryptographic icon uses 91 terawatt-hours of energy per year. The annual energy consumption on Solana would instead amount to 3,186,000 kWh per year.
Results that are not only the logical consequence of the fact that SOL works with the consensus mechanism Proof-of-Stake, considered much more environmentally friendly than the Proof-of-Work adopted by BTC, but also to the continuous work carried out by the development team gathered around Solarium, precisely to further reduce the carbon footprint of the project.

Solana's program for the future

The Solana Foundation, for its part, is moving with great determination to try to reassure public opinion. In particular, the developers are carrying out work on several lines, in order to identify different ways to minimize any environmental impacts. Starting with one a real roadmap aimed at making its network of validators carbon neutral as soon as possible.
The foundation has also committed to making regular reports on its energy efficiency public. A path which seems to take into account the recent threats to ban cryptocurrencies from Sweden. Where Erik Thedéen, Director of the Swedish Financial Supervisory Authority, e Björn Risinger, director of the Swedish Environmental Protection Agency, asked for a measure of this kind to face the climate emergency. According to them, in fact, if a decision to that effect is not reached, it would become impossible to achieve the objectives outlined with the Paris Agreement.

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Dario Marchetti

I have a degree in Literature and Philosophy from the Sapienza University of Rome, with a thesis on the eastern border of Italy at the end of the First World War. I have collaborated with several sites on many issues and led the work group that published the official CD-Rom of the SS Lazio "History of a love" and "Photographic History of Magical Rome".

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