Solana Leads the Way With Real-time Carbon Emissions Dashboard for Blockchain Networks
Blockchain network Solana has become the first major smart contract blockchain to provide real-time measurement of its carbon emissions. The Solana Foundation will regularly update a dashboard with environmental metrics including energy consumption, carbon footprint and network power intensity. The dashboard, which is created in collaboration with carbon data platform Trycarbonara, will gather data from on-chain metrics and a sample of Solana validators to provide a more precise measurement of the network's energy consumption. Solana policy lead Amira Valliani hopes the initiative will encourage other blockchain networks to disclose their carbon footprint. Environmental impact is a pressing issue for the blockchain sector because of the huge amounts of energy consumed. While Ethereum has reduced its estimated carbon footprint by 99.99% via a switch to proof-of-stake, Bitcoin's energy consumption has attracted controversy for its impact on the environment. A Texas bill was recently passed to limit the ability of Bitcoin miners to access energy during demand spikes.
Serum's Twitter Account Renamed to Luka and All Previous Tweets Deleted:
April 21 (Cointime) - Twitter user ZachXBT @zachxbt revealed hat the official Twitter account of Serum, a Solana-based DeFi project with 207,000 fans, has been renamed Luka, and all previous tweets have been deleted.
MonkeDAO Acquires Solana NFT IP for $2m in Deal Approved by HadesDAO
MonkeDAO, an independent collective of Solana Monkey Business (SMB) NFT holders, has announced the acquisition of the intellectual property (IP) to the Solana NFT collection for $2m.
Solana (SOL) And Tron (TRX) Could Drop. Uwerx (WERX) Crypto Presale Defies The Bear Market
The cryptocurrency market has finally seen some respite from a bruising bear market. Although there are green shoots of recovery, some projects still have headwinds, such as Solana (SOL) and Tron (TRX). Both have been struggling with the after-effects of the FTX collapse. Uwerx has defied the bear market and has a chance to reward early investors with big gains.
Solana Blockchain Game Development: Revolutionizing the Gaming Industry
In recent years, blockchain technology has been making waves in various industries, including gaming. With the advent of blockchain technology, gaming has become more secure, transparent, and profitable. One of the most promising blockchain technologies in the gaming industry is Solana.
Helium Completes Migration to Solana, Minting Over 991k NFTs for IoT Hotspot Nodes
Helium, a crypto-fueled wireless network for the Internet of Things (IoT), has completed its migration from its own layer-1 blockchain platform to Solana. As part of the migration process, an NFT was minted to represent each physical hotspot node running on the Helium network, resulting in over 991,000 Solana NFTs.
Solana Mainnet Beta Outage Report: Network Congestion Causes Degradation
On February 25th, 2023, the Solana Mainnet Beta cluster experienced long block finalization times due to congestion within the primary block-propagation protocol.
Solana On-Chain and Derivatives Data Highlight the Limitations of SOL’s Potential Price Breakout
Solana saw two positive developments this week with the launch of the Saga Android-based smartphone powered by Solana blockchain and the retail trading debut of Grayscale’s Solana Trust shares.
Decentralized Wireless Project Helium Begins Move to Solana Blockchain
Crypto connectivity project Helium kicked off its migration to the Solana blockchain midday Tuesday, abandoning its own crypto infrastructure in favor of a new, more stable home.
Just-In: Grayscale Solana Trust Down By 75% Open Trades On OTC Markets
Grayscale Investments, the world’s largest digital currency asset manager on Monday announced that its Solana Trust began trading on Over-the-Counter (OTC). It is being labeled under the symbol of GSOL. However, Grayscale Solana Trust is trailing by 75.97% in the last 12 months.
