TechFlow reports that the Solana Foundation has released a new energy usage report for the Solana network, announcing it has offset 100% of the network's carbon footprint by purchasing carbon offsets entirely on-chain.
Between April 1, 2023, and September 30, 2023, the Solana blockchain generated a total carbon footprint of 4,392.9 tCO2, annualized at 8,785.8 tCO2. Compared to the previous energy usage update, Solana’s energy consumption per transaction has decreased by 25%, while total emissions have dropped by 17.5%.
To fulfill its commitment to maintaining a carbon-neutral network, the Solana Foundation purchased 10,901.2 tons of carbon credits to offset the network’s 2022 carbon footprint. These credits were purchased entirely on-chain for the first time in history, facilitated through ecoToken and Sunrise Stake.
