metadata: {"signature": "0x02e2233ecc097a7bf8295550910d0ba50911399a1902e92a766e81e7bfe0dd67244fe3663caf66ced2eaab35d651ddeb9ae8f0201211cac3c24a8b96e51016461b", "application": {"round": "0x5eb890e41c8d2cff75ea942085e406bb90016561", "answers": [{"type": "email", "hidden": true, "question": "Email Address", "questionId": 0, "encryptedAnswer": {"ciphertext": "KLB74A+Uk8I3UmlwWXS1fAFTKneWzVr0gLGwfqG0znkwDHfjGnsGFWP3vBGMAu7/", "encryptedSymmetricKey": "cf1c1aff42425759968ab6460ed795d2426401976ebece433a9d968a91cc260bc7860227d937fea8d1cbd1957e4e7e07c878bb2197366710b55b3156e1256652759d8594989ed946dfcb98466cee6422e855a21a672d5de2487921221717b0b1c5da2934d27ae7d341c1552fb0a5afb23f3d69585f3ab659899656ad592f55e3000000000000002097b823fdb34a63a36e528138a57fb3fa96aa38af6f34296a20861df12d5aab64ffbe178dfdc4514422c8db22b17a9cb0"}}, {"type": "short-answer", "hidden": true, "question": "Telegram Handle", "questionId": 1, "encryptedAnswer": {"ciphertext": "QHbvITNnvyZlU2HOJKXofkdHdvLp7o6kPv0dOInejXY=", "encryptedSymmetricKey": "a7fffe127227e9d963eb7756c93931c289a0eeeced14c4111c508c8164bf1ac5f9beb9911a873d8cd62ecf24dd52d80314040491f16c459fc2e04556d12e6734ac6f1844c8ee459550df6bb2669969a2b7d21ebafdf2e7db320eab7fcf50e2a6dfd5a64fca2b7b902c72d47c06a4da093c8ab64dc85a2bf338ad15b4a5cfbe6c0000000000000020ddcfce3d61e4221b9ec2588d347c9ea4ecc5d8d9a5feb5f7d746e1a6b3032fddaea9742bdff4350a8eaab9f20e913d99"}}, {"type": "short-answer", "hidden": true, "question": "Gitcoin Gov Forum Handle (gov.gitcoin.co)", "questionId": 2, "encryptedAnswer": {"ciphertext": "+11oY2inbcG89rreRCKCnPXXN0LTcgD9gl7pc6MmDX4=", "encryptedSymmetricKey": "fd1044a262e914056bafee7589fba28dbfe66d34da53070d65a74692c1d8358fd1f7643b81d398cabb59360b4ffb7e0a1d2689a37d574076b076bdc78d97e7876d1f65d666c816ba6b4e78e605bc3d492926c0a68a1d5c7c4f588abe05dbf5ad0880cbf8b6ad98ab4385913a7fa6d900066fec3a3aaabe24ac3812e66fa329c30000000000000020d0bbe16576c3cca3b5db925ef16690255b417e5b26adae1d52d2aef52a0aa761df78d2850bfe5dfe1e14f1e75ab624af"}}, {"type": "link", "hidden": false, "question": "Link to your Public Group Chat (Discord or Telegram )", "questionId": 3}, {"type": "number", "answer": "2500", "hidden": false, "question": "Total prior funding for the project in USD", "questionId": 4}, {"type": "paragraph", "answer": "The bulk of funding came from a minority-woman-owned small business funding new innovation.  A smaller amount has come from prior quadratic funding rounds, typically artificially small because the project falls through gatekeepers\u2019 cracks and doesn\u2019t get added until close to the end of a round. ", "hidden": false, "question": "Please expand on how much funding you\u2019ve received from funding sources and when? (VC, grants by foundation, token sales, etc)", "questionId": 5}, {"type": "number", "answer": "2", "hidden": false, "question": "Total team size", "questionId": 6}, {"type": "number", "answer": "23", "hidden": false, "question": "How old (in Months) is the project?", "questionId": 7}, {"type": "address", "hidden": true, "question": "If you participated in past grant rounds using a different project payout wallet address, please share it here:", "questionId": 8}, {"type": "paragraph", "hidden": true, "question": "Profiles or socials for other main team members publicly associated with the project. These may be used to determine eligibility of the project.: ", "questionId": 9}, {"type": "multiple-choice", "answer": "Yes", "hidden": true, "question": "Have you read and confirmed that your grant abides by the Program General Eligibility Policy? https://gitcoin.notion.site/GG19-Eligibility-50843c8b3ab44ad297731a00efa6e389?pvs=4", "questionId": 10}, {"type": "paragraph", "answer": "This project could create billions of dollars annually in additional incentives for renewable electricity production, while making blockchain technology more secure and decentralized. Economically, this incentive originates in the real value blockchain technology offers to society as a truth anchor more secure and costly to attack than many alternatives (per unit cost).  The ability to apply the resource to addressing climate change as opposed to other issues or public goods is relatively unique because the understanding of this issue is now so widespread and there is such broad consensus that this issue needs to be addressed, *combined with* the presence of technology which can address it in an objectively measurable way that smoothly quantifies individuals\u2019 contributions, at least regarding the specific subgoal of transitioning our collective electricity supply to renewable sources.  Regarding fraud disincentives, there are onboarding processes involving staked vouching, ongoing caps, fraud challenge mechanisms, embedded cryptographic signatures, and other strategies which seem likely to improve upon existing solutions already controlling large capital flows which provide existing incentives for renewable electricity production. Much of the renewable electricity production equipment in the field already reports generation data to APIs, and existing consensus clients for EVM-compatible chains are open-source, allowing relatively easy proof of concept development once funded for that work.  The project is feasible, but requires initial funding. It is primarily focused on climate solutions specifically through adding incentives for the transition of our electricity supply to renewable sources. ", "hidden": false, "question": "Please detail how your project meets the Climate Solutions Round eligibility criteria. https://climate-coordination-network.notion.site/Climate-Solutions-Round-Eligibility-bf14ea78d9d24a2f8952cb5270f11b00?pvs=4", "questionId": 11}, {"type": "paragraph", "answer": "There has been further development on the foundational paper, intended to be a rigorous work with plenty of citations and well-organized ideas, as well as additional presentations including a plenary address at the Sustainable Blockchain Summit: Earth Edition. Funding remains a primary challenge, and the project is typically not released by gatekeepers until late in any QF round.  ", "hidden": false, "question": "If you've received funding in past grant rounds, please share any new updates or milestones from the prior months. You can also include the challenges you've faced. ", "questionId": 12}, {"type": "multiple-choice", "answer": "No", "hidden": false, "question": "Have you minted a Hypercert for your project? ", "questionId": 13}, {"type": "link", "hidden": false, "question": "If Yes, please provide a link to your Hypercert (https://hypercerts.org/app/gallery-all) ", "questionId": 14}, {"type": "paragraph", "answer": "Initially, impact will be in paper citations, technical progress, and then community size. Later metrics will include: \u201cWatt-Hours credited on network,\u201d \u201cUnique account addresses with nonzero balance (overestimate of unique users),\u201d \u201cUnique account addresses with activity in prior 168 hours,\u201d \u201cFunds directed to incentivizing renewable electricity,\u201d and the harder-to-measure \u201cImpact (esp. on sustainability) of decentralized applications secured by PREPchain.\u201d", "hidden": false, "question": "How do you measure the impact of your project? Please provide examples and/or standard metrics. This might be used in future impact reports ", "questionId": 15}, {"type": "paragraph", "hidden": false, "question": "Anything else you'd like to share about your project, previous work, or other project affiliations? Anything you'd like to add that may help in determining project eligibility?", "questionId": 16}, {"type": "multiple-choice", "answer": "Yes", "hidden": true, "question": "Would you like to opt-in to future messages from the Climate Coordination Network (CCN) for updates, information, and/or interviews? ", "questionId": 17}, {"type": "multiple-choice", "answer": "Yes", "hidden": true, "question": "Would you like to opt-in to us sharing your information with select third-parties for investment opportunities? ", "questionId": 18}, {"type": "multiple-choice", "answer": "Renewable Energy", "hidden": false, "question": "Which of these categories best represents your project? Choose from: ", "questionId": 19}, {"type": "checkbox", "answer": ["North America"], "hidden": false, "question": "Location/Region where the project is based: Choose from: ", "questionId": 20}, {"type": "checkbox", "answer": ["North America", "Central and South America", "Asia", "Europe", "Middle East and North Africa ", "Africa", "Oceania "], "hidden": false, "question": "Primary Location/Region where the project is making an impact: Choose from: ", "questionId": 21}, {"type": "multiple-choice", "answer": "No", "hidden": false, "question": "Would you like to be included in an additional 150k sub-round funded by Shell? All grantees must agree to a KYC process to be eligible to receive these funds. ", "questionId": 22}], "project": {"id": "1:0x03506eD3f57892C85DB20C36846e9c808aFe9ef4:767", "title": "Proof of Renewable Energy Production (PREPchain)", "logoImg": "bafkreieg4un7jqncbj6vp3msripdh32ttp5e5ppj4i3v2ur2d5usxrv4nu", "metaPtr": {"pointer": "bafkreiee3wz5ai7xnge66uttkffn7wvlwhr5sahtvefw6buaje2hwlvqyu", "protocol": "1"}, "website": "https://prepchain.net", "bannerImg": "bafkreidnh4l2xuwgwmnwmhvvyuenqjmrzmu26pljwwmpmemdwzmv2ki4iy", "createdAt": 1682094942817, "credentials": {"twitter": {"type": ["VerifiableCredential"], "proof": {"jws": "eyJhbGciOiJFZERTQSIsImNyaXQiOlsiYjY0Il0sImI2NCI6ZmFsc2V9..Q2tXS6D0by4YEIzwtlorKITYJOz4Sin-Gwg_VyXxg3PPdRojmZ6ojIuNwXn28M4siRajrvX6PRZT_yPxetVoAA", "type": "Ed25519Signature2018", "created": "2023-04-21T16:34:04.812Z", "proofPurpose": "assertionMethod", "verificationMethod": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC#z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC"}, "issuer": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC", "@context": ["https://www.w3.org/2018/credentials/v1"], "issuanceDate": "2023-04-21T16:34:04.812Z", "expirationDate": "2023-07-20T16:34:04.812Z", "credentialSubject": {"id": "did:pkh:eip155:1:0xc15677AbA8826e78266ff32d3b4bb4bcC8CD9b19", "hash": "v0.0.0:ly6TgLj/F6HC7tAhr3pV0D0mRNhZSUix/BhevqJtRvU=", "@context": [{"hash": "https://schema.org/Text", "provider": "https://schema.org/Text"}], "provider": "ClearTextTwitter#PREPchain"}}}, "description": "PREPchain *reverses* the large-scale climate impacts of blockchain technology, while making blockchain more secure & decentralized!  In this network, block sealing capacity is proportional not to energy burned or economic resources posted, but renewable energy produced.\n\nBack in January 2009, Hal Finney (recipient of the first Bitcoin transaction) [wrote](https://twitter.com/halfin/status/1153096538) that he was \u201cthinking about how to reduce CO2 emissions from a widespread Bitcoin implementation.\u201d This emissions total and energy-use total from Bitcoin has grown quite a bit since then, and even where Bitcoin is mined using a renewable energy source, that is generally renewable energy not being used for some other purpose for which dirtier energy sources are being used instead.  \n\nIn a blockchain network using Proof of Work (PoW) like Bitcoin, your ability to participate in securing the network is proportional to the amount of energy you burn. Someone trying to break the immutability/security guarantees would have to burn more energy than the rest of the network combined, which would be both costly and noticeable. This makes for great security but major negative planetary impacts, with Bitcoin using more energy than Colombia or Greece or other midsize countries, and almost getting blockchain technology banned in some jurisdictions.  \n\nIn Proof of Stake (PoS), your ability to participate in securing the network is proportional to the amount of economic resources you put up. This is close to neutral in terms of impact on planetary sustainability, but presents some additional security vulnerabilities especially to very well-resourced actors.  \n\nIn Proof of Renewable Energy Production (PREP), your ability to participate in securing the network is proportional to the amount of energy you **produce** from renewable sources like wind and solar, which you can then use for any purpose you want.  \n\nHistorically, there was a lot of resistance to using blockchain-based decentralized applications that could add a lot of value to sustainability objectives (e.g. sustainable supply chain track and trace, carbon credit trading) because of the climate impact of Proof of Work. The Merge got rid of most of those objections, but a chain going a big step further will actively draw in sustainability-oriented DApps, followed by those which are formally neutral with respect to climate impacts but would like to be on a more sustainability-enhancing chain.  With this project, we could take the huge amount of economic power which will soon be pouring into blockchain technology because of the real value it offers, and use that economic power to incentivize production of energy from renewable sources, on top of all the other incentives for doing that.  \n\nThis project could also enhance the security and decentralization of blockchain technology, because ownership of renewable energy production assets is more decentralized than e.g. ownership of money or Bitcoin mines, and building renewable energy production facilities that could overwhelm the rest of the world would be more costly, noticeable, and slow than trying to do something similar in a Proof of Stake system.  If Proof of Stake\u2019s vulnerabilities to well-resourced actors suddenly become a salient issue for many ecosystem stakeholders, planetary sustainability requires that we have ready a better system to turn to than a return to Proof of Work.  Ideally, we\u2019d be able to make an orderly transition to this new system before any such panic arises.\n\nThere are several ways in which production quantification numbers could be secured.  Ideally, long-term, a governing consortia/DAO would include representatives of inverter manufacturers who would include hardware sufficient to store a unique key that can cryptographically sign generation reports, assign them to the owner\u2019s account or designee, and support the cancelable delayed redirection of credits when the ownership of the generation facility changes hands without digital assets following.  A sufficient subset of sealers who already have stake in the network could also be required to physically inspect any new facility and vouch for it, along with a fraud-challenge mechanism which could be supported by publication of generation-asset coordinate data that bounty hunters could model against e.g. weather and sometimes satellite-image data.  Generation credits could be capped according to the design of an installation and existing verification & validation systems already in use for Renewable Energy Credit generation could be tapped into to help with verification steps.  \n\nThe technical and consortium-building work involved is nontrivial but appears feasible.  \n\nThis project helps address the climate crisis on a national-equivalent scale, while also making a blockchain that can be more decentralized and resistant to takeover than the most widely used status quo chains. \n\nPREP can give us a better planet AND better blockchain technology.  Let's make it happen!\n\nYour support now could also be an excellent investment that helps the project grow by many times the amount of your donation beyond even the matching pool, if this research helps the project secure a larger grant, for example from the USD $94B global fund intended to support demonstrations of technology that can accelerate clean energy transitions, which was [announced](https://www.energy.gov/articles/united-states-announces-94-billion-global-public-funding-accelerate-clean-energy-worldwide) at the Clean Energy Ministerials in September 2022.  There are a lot of grantmaking organizations whose missions are aligned with this project, but even just reading through all the details of the various opportunities and preparing an application is a serious effort, competing for the time of skilled professionals with other funded projects.  Your donations now could help support the project in a way that makes that much more likely to be successful!\n", "lastUpdated": 0, "projectTwitter": "PREPchain"}, "recipient": "0xc15677AbA8826e78266ff32d3b4bb4bcC8CD9b19"}}