Connecting Tesla Automobiles To Charging Stations Through Lightning At Bitcoin 2022

Advertisements

To paraphrase the great American philosopher Forrest Gump, “Bitcoin and energy go together like peas and carrots.” Bitcoin’s connection with the energy industry is well known, with valuable ancillary services such as waste-energy monetization and grid stabilization becoming more widely appreciated by the day.

Bitcoin’s connection to energy is now moving beyond the typical mining applications. A Lightning project called Distributed Charge, developed by Andy Schroder and featured in Bitcoin 2022’s exhibition hall, promises to advance Bitcoin integration with the energy sector in an exciting new way.

Schroeder is using Lightning to stream payments for electricity, between a Lightning-enabled node integrated into a Tesla and a Lightning-enabled node integrated into a charging station. With this system individuals can stream sats for electrons in a peer-to-peer energy marketplace.

Distributed Charge is currently using the electric vehicle use case to pilot the idea but one could envision the technology being applied on a much broader scale, helping utilities to more efficiently price and distribute power as well as enabling independent power producers to sell directly to customers in a more mesh-like grid system.

The node that Schroder developed to run in the charging terminal is elegantly designed to withstand inclement weather and his custom-designed circuit board expands on a project called Oratek’s TOFU node platform. The node can be powered by 7.5 to 28 VDC in addition to USB-C. It has an M2 socket for direct installation for a slim SSD or cellular radio.

Schroder envisions Bitcoin as the native payment network for the energy grid and that “Every electric meter should allow for bi-directional payment and energy flows, and everyone should be able to easily buy and sell energy privately without the need to involve third parties or inflationary monetary systems.”

Needless to say, pricing and distributing electricity in sats via Lightning is an immensely exciting proposition with wide-ranging implications. The Bitcoin community should help Schroder bring this vision to fruition by installing these charging stations and outfitting more electric cars with his nodes.

Bitcoin 2022 is part of the Bitcoin Event Series hosted by BTC Inc, the parent company of Bitcoin Magazine.

This is a guest post by Fangorn. Opinions expressed are entirely their own and do not necessarily reflect those of BTC Inc or Bitcoin Magazine.


Share post on

Sonic BTC is reader-supported. When you buy through links on our site, we may earn an affiliate commission.

Bitcoin Enchancment Proposal 21 Eases Person Expertise When Paying Invoices Bitcoin

Bitcoin Enchancment Proposal 21 Eases Person Expertise When Paying Invoices

The below is a direct excerpt of Marty's Bent Issue #1181: "BIP21 is a...

By wpadminsonic164
There’s an Insatiable Urge to Burn Crypto — A Have a look at Why Tasks Burn Tokens and the Advantages Bitcoin

There’s an Insatiable Urge to Burn Crypto — A Have a look at Why Tasks Burn Tokens and the Advantages

In recent times, cryptocurrencies that burn tokens have been very popular and a number...

By wpadminsonic164
Bitcoin mining firm Luxor launches ASIC buying and selling desk Bitcoin

Bitcoin mining firm Luxor launches ASIC buying and selling desk

On January 11, 2022, Washington-based bitcoin mining company Luxor announced the launch of a...

By wpadminsonic164
Binance Invests $200 Million Into the Enterprise Journal and Digital Writer Forbes Bitcoin

Binance Invests $200 Million Into the Enterprise Journal and Digital Writer Forbes

Reports indicate that the world's largest cryptocurrency exchange by trade volume, Binance, has announced...

By wpadminsonic164
Mirror Buying and selling Worldwide Bitcoin Ponzi Scheme CEO arrested in Brazil Bitcoin

Mirror Buying and selling Worldwide Bitcoin Ponzi Scheme CEO arrested in Brazil

Johann Steynberg, the wanted CEO of Mirror Trading International, was recently arrested by Brazilian...

By wpadminsonic164
Tesla Hodls Bitcoin: Steadiness Sheet Reveals $1.26B in Digital Belongings Bitcoin

Tesla Hodls Bitcoin: Steadiness Sheet Reveals $1.26B in Digital Belongings

Elon Musk's electric car company, Tesla, is hodling bitcoin. The company's balance sheet shows...

By wpadminsonic164
Fuel DAO venture types for Airdrop tokens to Ethereum customers who’ve spent $ 1,559 in charges Bitcoin

Fuel DAO venture types for Airdrop tokens to Ethereum customers who’ve spent $ 1,559 in charges

A new type of airdrop was very popular in the final quarter of 2021...

By wpadminsonic164
How I outline Bitcoin generational wealth Bitcoin

How I outline Bitcoin generational wealth

Bitcoin Generational Wealth – The PreludeThis article was inspired by another bitcoiner, @chadlupkes, and...

By wpadminsonic164

Latest Posts

Why are whales shopping for the Cardano dip?  – Cardano Feed Cardano

Why are whales shopping for the Cardano dip? – Cardano Feed

Cardano's ecosystem is starting to look lively once again and whales have taken a...

By wpadminsonic164
Ripple(XRP), Cardano(ADA) & Binance Coin(BNB) Goal at 10% Bounce in 24 Hours !  – Cardano Feed Cardano

Ripple(XRP), Cardano(ADA) & Binance Coin(BNB) Goal at 10% Bounce in 24 Hours ! – Cardano Feed

Cardano(ADA) Price AnalysisCardano price broke through the descending channel a couple of days ago...

By wpadminsonic164
Second STATE Token Launch and Declare Occasion Announcement – Medium Polkadot

Second STATE Token Launch and Declare Occasion Announcement – Medium

ParaState is pleased to announce the release of our 2nd tranche of STATE tokens...

By wpadminsonic164
BTC Information – Heineken prevê aumento de preço Videos

BTC Information – Heineken prevê aumento de preço

Painel diário de notícias de negócios e empresas, comentadas e analisadas pela Business Training...

By wpadminsonic164
Bitcoin Enchancment Proposal 21 Eases Person Expertise When Paying Invoices Bitcoin

Bitcoin Enchancment Proposal 21 Eases Person Expertise When Paying Invoices

The below is a direct excerpt of Marty's Bent Issue #1181: "BIP21 is a...

By wpadminsonic164
Instructions to Research Stablecoins | USDC, USDT, BUSD, PAXOS – Cardano Feed Cardano

Instructions to Research Stablecoins | USDC, USDT, BUSD, PAXOS – Cardano Feed

by Robin Smith May 24, 2022 DeFi videos In the part 1 of 2...

By wpadminsonic164
Kaspars Koskins, CEO of ADALend: “We’re constructing a safe lending platform on Cardano” |  Bitcoinist.com – bitcoinist.com Cardano

Kaspars Koskins, CEO of ADALend: “We’re constructing a safe lending platform on Cardano” | Bitcoinist.com – bitcoinist.com

Launch of the interview series from ADALend CEO Kaspars Koskins, one of the most...

By wpadminsonic164
Bitcoin plunges, and might there be another challenger on the way? Videos

Bitcoin plunges, and might there be another challenger on the way?

Brian Kelly on bitcoin's fall and Powell's comments on digital dollars. With CNBC's Melissa...

By wpadminsonic164