This still feels like it’s not answering the fundamental question for any blockchain project: why is this a blockchain instead of just a database with well configured permissions, and why are the advantages of the blockchain relevant to the problem it’s trying to solve? Traditional databases can be configured to be append only, accept new data from users without needing a central authority to approve each new user, be queried by any random person, etc far more efficiently than a blockchain could and without requiring every solar panel owner to download multiple terabytes of historical transaction data just to run their panel.
As for the coins, they don’t really add democratic control over a system so much as they empower whoever is best able to maximize coin generation. In a democratic system, 100 small solar panel owners would have more of a say in the governance of solar panels than 1 really wealthy South African billionaire, because they would represent more votes than the billionaire. In the coin economy, if the billionaire has at least twice as many solar panels as the rest of the small owners put together, the billionaire would have sole control over the governance of solar panels because they would be generating twice as many coins.
I admit I’m skeptic to see anything blockchain or coin related, but I’ve yet to see a problem that either technology are solving for other than “I want to be able to do financial transactions over the internet without using a bank or bank-like institution” and “I want an extremely volatile asset to speculate on”
Wow, really wild how the guy that doesn’t know what SQL is, is somehow also bad at database permissioning.