Physics-based cryptocurrency transmits energy (not just information) through blockchain

Credit: Lawrence Livermore National Laboratory

Researchers from Lawrence Livermore National Laboratory (LLNL) have devised a physics-based cryptocurrency that links electrical energy and blockchain technologies in a new way.

This new blockchain concept, dubbed “E-Stablecoin,” could allow electricity to be transmitted between users who are spread around the world, without the need for interconnecting wires or a grid-based transmission system. The work solves critical digital asset stability problems and is the first cryptocurrency token design that is both collateralized by a physical asset and fully decentralized because it is secured by the laws of statistical mechanics.
The research appears in the …

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