71 sats \ 1 reply \ @k00b 25 Sep 2022 \ on: Distributed Charge - GRID bitcoin
The design reveals how unfortunate current energy transactions are. It's easy to take for granted all the kludgy trust systems built into something as pedestrian as pumping gas.
There's some big brain stuff here too: we might eventually be able to treat energy more like information, decentralizing it sort of like information has been decentralized. This requires more independent energy producers but it seems plausible. I don't know enough about energy grids, but my mind is mildly blown thinking about it.
Do you think about entire networks/grids of energy built trustlessly like this andy?
Yes, on my website (http://andyschroder.com/DistributedCharge/) I mention
"The distributed charge project was established to make bitcoin the native payment method of the energy grid by creating hardware devices, open source software, and standard protocols for negotiating real time energy pricing and micropayment between machines, on every corner of the earth.
Every electric meter should allow for bi-directional payment and energy flows, and everyone should be able to easily buy and sell energy privately without the need to involve third parties or inflationary monetary systems. ".
There is definitely a long way to go, but things have to start somewhere. In order to have true decentralization where everybody can have both bi-directional energy flows, as well as multiple connections, there will be some new power electronics required as well. Presently, I'm only addressing the payment flows and assuming a tree like structure for the energy grid and not a mesh.
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