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This is an open question, if you were to use blockchain to prove how much energy someone produced with their solar panel, doesn't this depend on a trusted confi
by jcun4128 9y ago
This is an open question, if you were to use blockchain to prove how much energy someone produced with their solar panel, doesn't this depend on a trusted configuration? Can't they feed in false data before the block chain part?
- Isomatik 9y agoYes and yes. This is the big pitfall i see so many ignoring - the real challenge if you're trying to interface with the outside world is establishing what the internal token means in the outside world without depending so heavily on a centralized weak link that the decentralization of the blockchain's maintenance is pointless. If the actors in a system don't trust each other enough to make changes to the database unilaterally, why would they trust that the other actors aren't lying about their on-chain/off-chain holdings?
- jcun4128 9y agoRegarding the solar panel part, could be a hardware requirement validated that way but I don't know you could probably spoof that.