Question 1

What is Power Ledger?

Accepted Answer

Power Ledger is a pioneering blockchain-based platform established to enable decentralized renewable energy trading. Using Ethereum's blockchain as its initial foundation, the platform grants users the ability to transparently and autonomously buy and sell renewable energy. The goal is not only to make renewable energy more accessible and affordable but to champion sustainability and reduce global carbon footprints.

Question 2

Who Founded Power Ledger?

Accepted Answer

Power Ledger was co-founded in 2016 by Dr. Jemma Green, Dave Martin, John Bulich, and Jenni Conroy. With Dr. Green's expertise in renewable energy and sustainability, Dave Martin's understanding of electricity distribution, and John Bulich's proficiency in blockchain technology, the team is passionately driven to revolutionize traditional energy markets.

Question 3

The Evolution of Power Ledger's Blockchain

Accepted Answer

Initially built upon Ethereum's blockchain, Power Ledger has since transitioned to a custom, proof-of-stake public blockchain specifically designed for energy and environmental trading applications. On 31st July 2023, they introduced their custom blockchain, inspired by Solana but adapted to meet Power Ledger's energy-specific needs. This blockchain offers reduced fees, high throughput, and energy efficiency, which are critical for frequent microtransactions typical in decentralized energy trading.

Question 4

The Role of $POWR and The Transition to a New Fee Model

Accepted Answer

$POWR, which began as an ERC-20 token on Ethereum, served as an access ticket to the Power Ledger platform. With the advent of their custom blockchain, the role of $POWR has evolved. Although $POWR remains on the Ethereum blockchain, it's now used to cover transaction fees on Power Ledger's new blockchain. A smart contract bridge is in the works, allowing for POWR tokens to be locked on Ethereum and equivalent native tokens to be minted on Power Ledger's new platform.

Question 5

Power Ledger's Vision for a Sustainable Energy Future

Accepted Answer

Central to Power Ledger is its unwavering commitment to sustainability. Pilot programs and ventures worldwide have underscored the need for a blockchain capable of handling thousands of simultaneous transactions with low energy and transaction costs. For instance, consider a community of 10,000 households. With just 20% trading energy at 5-minute intervals, this would equal over 6,600 transactions per second. Traditional blockchains like Bitcoin and Ethereum can't handle this volume, making Power Ledger's new platform revolutionary.

#	Instrument	Exchange	Benchmark Score	Price	24h Change	24h Volume	24h Trades	24h Open	24h High
1	POWR-USDT POWR_USDT	whitebit	BB	0.05460USDT	3.02%	1,820,815.00POWR	4,516	0.05300USDT	0.05480USDT
2	POWR-USDT POWRUSDT	binance	AA	0.05460USDT	3.02%	1,564,836.00POWR	793	0.05300USDT	0.05480USDT
3	POWR-USD POWR-USD	coinbase	AA	0.05440USD	2.64%	367,681.80POWR	97	0.05300USD	0.05460USD
4	POWR-USD POWRUSD	kraken	AA	0.05450USD	3.02%	121,737.96POWR	27	0.05290USD	0.05460USD
5	POWR-EUR POWREUR	kraken	AA	0.04850EUR	2.75%	25,145.48POWR	11	0.04720EUR	0.04880EUR
6	POWR-USDT POWR_USDT	gateio	A	0.05436USDT	2.82%	12,775.00POWR	20	0.05287USDT	0.05436USDT
7	POWR-USD POWR_USD	cryptodotcom	AA	0.05415USD	2.83%	4,369.00POWR	5	0.05266USD	0.05415USD
8	POWR-KRW KRW-POWR	upbit	B	72.80KRW	2.10%	933,134.18POWR	418	71.30KRW	72.80KRW
9	POWR-EUR POWR-EUR	bitvavo	B	0.04893EUR	3.06%	326,643.87POWR	99	0.04748EUR	0.04893EUR
10	POWR-USDT powrusdt	huobipro	C	0.05440USDT	3.03%	236,942.66POWR	207	0.05280USDT	0.05460USDT
11	POWR-USDT POWRUSDT	bitrue	D	0.05460USDT	3.02%	169,710.00POWR	421	0.05300USDT	0.05470USDT
12	POWR-KRW POWR_KRW	bithumbkorea	-	72.03KRW	2.26%	105,882.08POWR	61	70.44KRW	72.61KRW
13	POWR-THB THB_POW	bitkub	C	1.77THB	-0.07%	24,444.94POWR	7	1.77THB	1.81THB
14	POWR-USDT POWRUSDT	latoken	D	0.05172USDT	0.00%	0POWR	0	0.05172USDT	0.05172USDT
15	POWR-AUD POWR-AUD	btcmarkets	C	0.07040AUD	-6.51%	3,407.44POWR	6	0.07530AUD	0.07530AUD
16	POWR-BRL POWR-BRL	mercadobtc	C	0.2703BRL	0.00%	0POWR	0	0.2703BRL	0.2703BRL
17	POWR-BTC POWRBTC	hitbtc	E	0.0₆1790BTC	0.00%	0POWR	0	0.0₆1790BTC	0.0₆1790BTC
18	POWR-USDT POWR_USDT	cryptology	D	0.03939USDT	0.00%	0POWR	0	0.03939USDT	0.03939USDT
19	POWR-INR POWRINR	coindcx	-	5.35INR	1.50%	119.18POWR	3	5.27INR	5.50INR
20	POWR-BTC BTC-POWR	upbit	B	0.0₆6200BTC	0.00%	0POWR	0	0.0₆6200BTC	0.0₆6200BTC
21	POWR-INR POWRINR	bitbns	-	4.51INR	0.00%	0POWR	0	4.51INR	4.51INR
22	POWR-IDR powridr	indodax	E	965.00IDR	0.73%	68.18POWR	1	958.00IDR	965.00IDR