Why hasn't a renewable energy blockchain REALLY been successful yet?
knightly the Sneptaur @ knightly @pawb.social Posts 28Comments 1,623Joined 2 yr. ago

knightly the Sneptaur @ knightly @pawb.social
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It's precisely the same use case, you're just talking about using a blockchain as your access-controlled database and merely pretending that a centralized DB can't be communal, transparent, and open.
You need all that for a distributed database too. In fact, you'd need more management, admins, and paper trails because there would be more copies of the ledger to maintain, and you'd have the same lack of accountability to deal with since you'd be relying on every node to prove their own work.
Again, why is a blockchain needed to achieve these goals? You can get all this more reliably with a neighborhood electric co-op.
Please do explain, then. I'm still waiting to find out why you think the blockchain is more useful for your stated goals than other kinds of ledgers.