14 Comments 2 Reposts 3 QuoteReposts 2 Reposts 14 Likes 19 Diamonds

Comments (work-in-progress)

@nathanwells - Nov 14, 2022
I’m intrigued. Would it start with like a neighborhood? How would it not grow into something centralized because of maintenance needed for connections between houses (unless it is something else…)?
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@darian_parrish - Nov 14, 2022
Yes, start small with a neighborhood and hone the model. To avoid centralization I am working though a few possible scenarios and one includes a DAO based approach and another a chain ecosystem on a L0 blockchain. But even absent those because each neighborhood/hub/node is independent they can be serviced by competing firms. A big component of this is well crafted contracts with thoughtful economic models since stability/reliability is so important for this use case.
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@nathanwells - Nov 14, 2022
Sounds interesting!
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@Randhir - Nov 14, 2022
Interesting. A few questions crop up.

1. Why not healthcare? Why not finance (removing economic disparities / reducing poverty)? All bigger world challenges in my mind.
2. What is the problem you are looking to solve?
3. Is there a problem to be solved?
4. What if you invest a few more days and you hit a roadblock? Saying you'll work on it for 10 years without knowing the problem and if it is big enough does seem like a big thing.
5. With energy, there's already in my mind some level of decentralization because of the grid and because of the principle of sending excess generated by a home back to the grid that's there in some places.
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@darian_parrish - Nov 14, 2022
1. Healthcare - too much regulation. Finance - too hard to solve directly in some ways and crypto solving the lowest hanging fruit. Free/cheap energy will provide more economic freedom than financial engineering. 2. Enable individuals to have energy independence. 3. Yes - note every power outage 4. I have already been considering the space for 5+ years so have reviewed many workarounds for roadblocks. 5. Certainly home generation is the method to decentralization but sending it back to a centrally controlled grid just recentralizes. More details on this to come but need peer-to-peer(or hub and spoke model)
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@Nozadze - Nov 14, 2022
So cool. You are much earlier. 👍 good luck.❤️‍🔥
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@darian_parrish - Nov 14, 2022
Thank you!
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@Bhagyasri - Nov 14, 2022
Interesting. Besides optimizing energy usage, this might also help prevent attacks on central energy grids.
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@darian_parrish - Nov 14, 2022
Yes - great point about reducing risk of attacks on central grids!
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@AnimeCity - Nov 14, 2022
wow amazing idea, first time hear about decentralized energy.
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@BenErsing - Nov 19, 2022
Excited to see where you take this, Darian!

A few comments and questions to consider:

Questions:
💎 Within energy, why is electrical the one to bet on compared to others like nuclear fusion?
💎 What about right now suggests it’s the ideal time to start a decentralized energy business?
💎 What about your experience makes you the ideal person to lead this effort? (more rhetorical)

Comments:

" I didn’t decide to leave Web3 but to support Web3. Many of the systems built in Web3 will be needed for a decentralized energy network. This will be a symbiotic relationship."

👉 I agree completely. While it may seem separate to some, today. Eventually it will be as ubiquitous to all aspects of business as web1 and web2 are today.

"For something that I will spend the next 10 years working on and potentially the rest of my life, the sanity check"

👉 Love this and wish more people did this type of exercise before committing to something. Founders in particular, but we should all be doing it before making a major life decision.

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@darian_parrish - Nov 19, 2022
Thank you for the thoughtful comments and questions! Responses: 1) Electrical energy purely for means of transportation and battery storage. The “source” of the electrical energy could be nuclear fusion. But since currently all our devices and motors used stored electrical energy that is the focus. I like that the network can be source agnostic and that is part of the competitive thesis. There may be a time when different sources directly powering devices makes sense but that will require a retooling of things that would push the changes at least two decades out. 2) Why now? Because both battery and blockchain tech has become sufficiently reliable. Also given the climate situation, alternative sources of energy(like burning wood) are becoming infeasible. 3) Mainly my experience at the intersection of finance and technology. Much of the viability of the decentralized energy network will be dependent on the soundness of the economic model as well as the low friction implementation of the tech. On the physical side, I do have a materials sciences engineering degree that enables me to understand enough about the battery and energy tech to evaluate them at a high level and at least know how to recruit the correct experts. From a startup perspective I have built businesses that have been both self-funded and raised capital. So I am prepared to go either route - whatever it takes to solve the problem.
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@SeanSlater - Nov 13, 2022
Ok, I'm listening..... keen to hear more when you're ready to share.
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@BRUNKS - Nov 13, 2022
ive got a bazillion questions about this realization of yours... am interested about the details to come. thanks
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@darian_parrish - Nov 13, 2022
Thanks - feel free to ask any specifics even before I get around to making another post.
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