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@hnnhstphnz
@mandymcgill and @stellabelle have best explained the benefits of decentralization to me recently. I’ve been a “normie” on here and struggle with the jargon, so I appreciate these women and their content and effort to share the benefits!! Curious about the balance of “sufficiently decentralized” platform that Warpcast / farcaster is vs tokenizing everything and the need for data and energy in order to do that. @kaufman curious about your feelings about this interplay of progress - fast progress like a cancer almost? - and energy / electricity Also so curious how we can bring blockchain / tokenizing to community solar or other larger cleantech projects.
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@coolbeans1r.eth
@ichristwin.eth is doing some decentralized solar shenanigans.
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@ichristwin.eth
I'm happy to share what I've been working on 😁 But essentially, we are able to represent Power Purchase Agreements (PPAs) as smart contracts onchain driven by cryptographic smart metering hardware. Tokens can then be issued to accounts that own / govern the underlying PPA and the revenues accrued to the contract onchain.
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@hnnhstphnz
Presumably this is for larger scale projects like community solar or utility scale? How have you considered the REC aspect?
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@ichristwin.eth
The protocol works for solar of all scale. Although I'm particularly interested in applying it to community solar micro grids and rooftop solar with bilateral contracts. About RECs it's been a while since I wrote the specs for what it would look like to issue those onchain using existing cryptographic primitives. https://github.com/WhyNotSwitch/Maxwell-Docs/blob/master/zk-RECs.md The core idea is to issue tokenized RECs onchain with ZK proof of 1MWh of renewable energy generated.
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@ichristwin.eth
Right now, we are testing a ZK validity Rollup that "rolls up" metering activity to a single state stored on Ethereum, and these proofs can consumed by other smart contract dapps issuing tokenized RECs on Ethereum. The technical docs can be found here https://docs.m3ter.ing/technical-specs/v2.0-specs/state-evaluation-rollup Or maybe you want to take a look at my earlier ramblings on @paragraph, where I was trying to properly classify this monstrocity of system we've built. 🌝 https://paragraph.com/@ichristwin/its-all-chain-and-no-blocks
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@hnnhstphnz
This sounds interesting but I am not up to snuff on much of the blockchain lingo lolol I was at a C&I solar developer (USA, NYC based) for a decade before getting laid off this past June following BBB tax cuts
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@ichristwin.eth
I understand 🫣 Without the hot air, I was just saying that tokenized RECs are technically possible and I have interesting ideas on how to implement them. Actually, I'll be more interested in discussing the use cases for tokenized RECs onchain (if any). I have always wondered what applications or markets that those tokens would fit into.
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