The cryptoeconomics of electricity

[CyberMiles]

Where Plasma meets electricity: Building application-specific side chains

One of the most ambitious cryptoeconomic projects is Eloncity. It aims to decentralize the electrical grid infrastructure and energy monopolies by replacing them with a hierarchy of blockchain-enabled microgrids. Those microgrids allow communities to store, trade, and consume locally-generated renewable energy. The system aims to achieve supply and demand balance within — and across — communities, reducing the need for very expensive peak generation power and the power transmission fees that plague the network today.

However, households need to trade frequently in order to establish an efficient energy market. As the trading volume grows geometrically with the number of households in the network, the frequency of trading, which we estimate to be millions of transactions per second in a typical country, could exceed the capacity of any blockchain.

https://medium.com/cybermiles/exploring-the-cybermiles-ecosystem-where-plasma-meets-electricity-at-eloncity-c18e85ab8a79

[1714002314]

1714002314

[lubah]

Where Plasma meets electricity: Building application-specific side chains

One of the most ambitious cryptoeconomic projects is Eloncity. It aims to decentralize the electrical grid infrastructure and energy monopolies by replacing them with a hierarchy of blockchain-enabled microgrids. Those microgrids allow communities to store, trade, and consume locally-generated renewable energy. The system aims to achieve supply and demand balance within — and across — communities, reducing the need for very expensive peak generation power and the power transmission fees that plague the network today.

However, households need to trade frequently in order to establish an efficient energy market. As the trading volume grows geometrically with the number of households in the network, the frequency of trading, which we estimate to be millions of transactions per second in a typical country, could exceed the capacity of any blockchain.

https://medium.com/cybermiles/exploring-the-cybermiles-ecosystem-where-plasma-meets-electricity-at-eloncity-c18e85ab8a79

I'm part of your bounty company, so far I can't say anything else. As they say, it is important that investors believe in the company's ideas and it has collected the necessary amount, and then it will be seen whether this coin has a future or not. Sorry there is no product at the moment. Chances are slim.

[droptableguy2]

Where Plasma meets electricity: Building application-specific side chains

One of the most ambitious cryptoeconomic projects is Eloncity. It aims to decentralize the electrical grid infrastructure and energy monopolies by replacing them with a hierarchy of blockchain-enabled microgrids. Those microgrids allow communities to store, trade, and consume locally-generated renewable energy. The system aims to achieve supply and demand balance within — and across — communities, reducing the need for very expensive peak generation power and the power transmission fees that plague the network today.

However, households need to trade frequently in order to establish an efficient energy market. As the trading volume grows geometrically with the number of households in the network, the frequency of trading, which we estimate to be millions of transactions per second in a typical country, could exceed the capacity of any blockchain.

https://medium.com/cybermiles/exploring-the-cybermiles-ecosystem-where-plasma-meets-electricity-at-eloncity-c18e85ab8a79

I'm part of your bounty company, so far I can't say anything else. As they say, it is important that investors believe in the company's ideas and it has collected the necessary amount, and then it will be seen whether this coin has a future or not. Sorry there is no product at the moment. Chances are slim.

If that is not good. If the project does not come up with the truth that confuses the user, the project should be reviewed. In order to maintain a long-term and trust in the project, it is very difficult to continue on that project. Hope this project provides an explanation for you.