Feather forking as a positive force: Incentivising green energy production in a blockchain-based smart grid

Research output: Chapter in Book/Report/Conference proceedingsConference proceedingpeer-review

Abstract

Climate change represents a serious threat to the health of our planet and imposed a discussion upon energy waste and production. In this paper we propose a smart grid architecture relying on blockchain technology aimed at discouraging the production and distribution of non-renewable energy as the one derived from fossil fuel. Our model relies on a reverse application of a recently introduced attack to the blockchain based on chain forking. Our system involves both a central authority and a number of distributed peers representing the stakeholders of the energy grid. This system preserves those advantages derived from the blockchain and it also address some limitations such as energy waste for mining operations. In addition, the reverse attack we rely on allows to mitigate the behavior of a classic blockchain, which is intrinsecally self-regulated, and to trigger a sort of ethical action which penalizes non-renewable energy producers. Blacklisted stakeholders will be induced to provide their transaction with higher fees in order to preserve the selling rate.

Original languageEnglish
Title of host publicationCRYBLOCK 2018 - Proceedings of the 1st Workshop on Cryptocurrencies and Blockchains for Distributed Systems, Part of MobiSys 2018
PublisherAssociation for Computing Machinery, Inc
Pages99-104
Number of pages6
ISBN (Print)9781450358385
DOIs
Publication statusPublished - 15 Jun 2018
Event1st Workshop on Cryptocurrencies and Blockchains for Distributed Systems, CRYBLOCK 2018 - Part of MobiSys 2018 - Munich, Germany
Duration: 15 Jun 2018 → …

Publication series

NameCRYBLOCK 2018 - Proceedings of the 1st Workshop on Cryptocurrencies and Blockchains for Distributed Systems, Part of MobiSys 2018

Conference

Conference1st Workshop on Cryptocurrencies and Blockchains for Distributed Systems, CRYBLOCK 2018 - Part of MobiSys 2018
Country/TerritoryGermany
CityMunich
Period15/06/18 → …

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

  1. SDG 7 - Affordable and Clean Energy
    SDG 7 Affordable and Clean Energy
  2. SDG 13 - Climate Action
    SDG 13 Climate Action

Keywords

  • BlockChain
  • Feather forking
  • Smart grid

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