Ecat.org: Decentralization, LENR and Blockchain Technology

http://ecat.org/2017/decentral…nr-blockchain-technology/

Quote

Decentralization, LENR and Blockchain Technology

LENR. Blockchain. These are two odd words many people have probably never heard of before and certainly not in the same conversation. However, in an ironic twist of fate, the two of them may depend upon one another in a new era of decentralization.

...

ENR, revered as the cheapest and cleanest energy source, has been plagued by three constant issues – centralization, censorship and a lack of funding. In a centralized world where energy and valuable and useful information is stored on private servers, corporations are incentivized to hoard experimental data in order to profit from it. However, this mindset has inhibited the growth of LENR technology as this hoarded institutional knowledge is lost when funding or patience runs out. Each successive LENR experimenter faces the same challenges and issues as their predecessor, causing advances in the field to only be incrementally gained.

Blockchain technology empowers its users by decentralizing information, providing a prosperous ecosystem for like-minded individuals and now an ingenious means for funding through ICOs (initial coin offerings). By using the Ethereum platform, users can build an ecosystem that is decentralized, free from censorship, free from value-sapping middlemen and a means to transfer value. By issuing their own token or coin, a group has the potential to raise millions of dollars in funding without having to engage brokers or venture capitalists. This brings about several intended benefits. Used as a deflationary currency, as the ecosystem gains in popularity, the limited supply of tokens will rise in value, benefiting the ecosystem as a whole and not just a few centralized players. Those who CREATE the value will be directly compensated.

...

Display More

This is not a new Idea, I have heard of it since few years...

Unstoppable organizations.

Crypto currencies are crazy those days.

like Internet in 1999

about LENR, blockchain or not, consortium or public, all is a question of designing rules of colaboaton, of decision making, of rewards, on sharing...

Blockchain is just to make it unstoppable, undiscussable.

another article, mostly on blockchain in a wide perspective, link with LENR

http://bostoncommons.net/block…nologys-digital-backbone/

Quote

...

Same with blockchain, it’s up to everyone to understand the technology and imagine for themselves where it fits in in their current business, however small the advantage may currently be. [13] Soloman Lederer (SL): The internet is the best reference we have to an emerging technology such as the blockchain. [13] Peter Borovykh (PB): The blockchain solves a very important problem of trust that has not been properly solved by any other technology. [13] Plans for local energy distribution will become more common with blockchain capabilities and LENR, advanced by the technology itself, may be relied upon to meet the i nsatiable demands for powering the blockchains. [12]

...