For those who saw my introduction post, I'm just as big on mesh networks and sustainability as I am on green P2P trade networks. So here's the first of many posts with news on that front.
As many solarpunks probably know, bitcoin uses a crapton of energy and is not nearly as decentralized as it claims. To fix that, there is currently a fully decentralized cryptocurrency called NANO which is working to change the game. It is extremely energy efficient, and while it isn't fully clean just yet, they're working on it.
For comparison, Bitcoin consumes 950 KWH hours per transaction. NANO, meanwhile, consumes 0.000112 KWH hours per transaction.
The whole network can work off one wind turbine (although it doesn't just yet), and the NANO community is working to buy a small 14km^2 forest so that they have a negative carbon footprint rather than just a neutral one.
It's not perfect, sure, but it's great news in working towards a sustainable future.
@bob Thanks for the addition! I barely had enough room for what I already wrote, so this does a good job of explaining why I called them a fully decentralized cryptocurrency.
Even FairCoin (which I'll highlight in a later post), a community-owned-and-operated and self-described green cryptocurrency, is not this decentralized yet. And it's all thanks to NANO's block-lattice structure.
Radical stuff.
@mlg @bob But "more decentralized than it was" doesn't mean much, and ultimately I was focusing on the heavily individualized setup with individual blockchains for each user, and certain blocks that only exist between a buyer and seller. Certainly not perfect thanks to a genesis account, even if its workings are openly viewable to the public.
I admit, I missed what exactly that "genesis account" bit meant while I was typing stuff up. Got a little too excited about the rest. :/
@solarpunkagorism you should look at duniter.org ... not only energy efficient but... really thought on the social and economical aspect years before to even release any software ...
and including a universal dividend scheme ;)
@Olm_e Sounds awesome! I'll do a post for Duniter.org when I've done some research on it. (As you can see by my replies to this post, a slight lack of research goes a long way. )