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One transaction on the Solana blockchain network uses less energy than two Google searches and 24 times less energy than charging your phone, according to a report by the Solana Foundation.

Solana is an open-source platform that uses the permissionless feature of blockchain technology to create DeFi solutions. At press time, the SOL price was trading at $202.72 on CoinMarketCap, with a 24-hour trading volume of $2,268,058,898.

SOL/USDT Price Chart (Source: TradingView)
SOL/USDT Price Chart by TradingView

A single network transaction uses 0.00051 kWh of energy or 1,836 Joules. According to Google, an average search uses 0.0003 kWh (1,080 Joules) of energy.

Perhaps more shocking is that the entire Solana network consumes 3,186,000 kWh per year, the equivalent of 986 US houses.

Robert Murphy was contracted by the Solana Foundation at the beginning of this year to write a report on the environmental implications of transactions on the Solana network. Othersphere was developed by Murphy, who had worked at the World Bank as an Energy Specialist.

With 1,196 validator nodes processing 20 million transactions per year on average, Solana’s network has fewer validator nodes than Bitcoin or Ethereum. According to the study, the Foundation intends to minimize the network’s energy use by the end of the year by executing a program to make the network carbon neutral and offset its environmental impact. It’s unclear whether the network will buy carbon offsets or cut down on its emissions.

Solana (SOL) uses considerably less energy than other Proof of Work networks like Bitcoin (BTC) and Ethereum (ETH) because of its Proof of Stake consensus method (ETH). According to Statista, one Bitcoin transaction requires an average of 4,222,800,000 joules.

Because of the technological nature of network transactions, each transaction does not consume the same amount of energy. Regardless matter how many transactions are processed, the network consumes the same amount of energy.

When calculating the average network size and number of transactions, an Ethereum transaction consumes around 644,004,000 joules. According to Statista, one ETH transaction uses the same energy as thousands of VISA card transactions.

ETH2 is predicted to utilize 99 percent less energy than the current mainnet after switching to Proof of Take.

Another low-energy option is the Ripple (XRP) protocol, which requires 28,440 Joules per transaction. One million transactions on Ripple’s network may generate around 79,000 hours of light.

BTC could power a light bulb for 4.51 billion hours with the same number of transactions. Ripple claims that XRP is 57K times more efficient than BTC as a result of this.

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