📈Why Solana?
Fact: An average Solana transaction uses 508 Joules — or less energy than two Google searches.
The Carbovalent protocol will be governed by smart contracts deployed on Solana; a performant, secure, and energy-efficient blockchain running on a hyper-consensus mechanism that utilizes both proof-of-stake and proof-of-history.
Solana is designed for mass adoption due to its extremely low fees and intuitive user experience. Furthermore, Solana programs are composable by nature, which creates an interoperable ecosystem where protocols can talk to each other as if they were native. As a mission-critical decentralized protocol, Carbovalent will focus on building a scalable carbon market on top of a blockchain that can support NASDAQ and Visa-level throughput.
Not to mention that Solana produces a fraction of the energy (Joules) when compared to other major blockchains. Further, the Solana foundation offset all carbon emissions for the validator network, making the chain carbon neutral. Solana is the ideal blockchain for the Carbovalent protocol and the goals it aims to achieve.
Last updated
