You are being re-directed, if nothing happens, please follow this linkSomething odd is happening on President Street in Brooklyn.While solar panels on the roofs of terraced houses soak up sun, a pair of computers connected to the panels quietly crunch numbers.First, they count how many electrons are being generated.Then, they write that number to a blockchain.Welcome to the future of energy exchange.This project, run by a startup called Transactive Grid, is the first version of a new kind of energy market, operated by consumers, which will change the way we generate and consume electricity.Transactive Grid aims to enable people to buy and sell renewable energy to their neighbours.To deal in energy at the moment, you have to go through a central company like Duke Energy in the US or National Grid in the UK, or one of their resellers.Transactive can skip this central authority because its energy market is built on a technology called blockchain.First used to underpin the bitcoin currency, a blockchain is a cryptographically secure list of transactions.

The list is stored on every computer in the system, and is continuously updated as each transaction is completed.The list for President Street is built using blockchain software called Ethereum.It deals with buying and selling electrons generated by solar panels.No central authority is in control: the computers monitor each other to stop fraud.The first devices were installed on President Street a few weeks ago.On one side of the street are five homes that produce some of their own energy through solar power.On the other side are five consumers interested in buying excess energy from their neighbours.Lawrence Orsini, co-founder of Transactive explains that the blockchain makes it easy for anyone to set up and enforce contracts, with the transaction following automatically.“You don’t have the billing components around it, you don’t have the infrastructure losses or the accounting losses in the system,” he says.Down the line, the company plans to build an app which lets residents set personal preferences for the distribution of the energy they produce.

One homeowner might decide to sell all their excess energy for maximum profit, for example, while another could choose to donate a portion to a low-income area.Either way, the energy and the money goes to benefit the community, says Orsini, not the large centralised power company.“When you buy energy from the community, the money goes back to the community.” “Every kilowatt you buy, you pay for network.bitcoin cash dispenserIf you can cut out the middle man and do the trade directly, you don’t have to pay for the wires,” says Philipp Grunewald of the University of Oxford.stolen bitcoin private keyBut the might of utility companies makes the road to autonomy rocky.bitcoin miner osGrunewald says that at one point solar panel users in Spain were paying less than their fair share for grid access.bitcoin assassination market

When a charge was introduced to account for this difference, some were forced off the grid entirely, which is bad for the system as a whole.Despite hiccups like this, Grunewald sees the potential in projects like President Street.“People are disgruntled with their utility companies, and like this idea of becoming autonomous,” he says.yellen and bitcoinDecentralised systems may also prove more resilient than a centralised grid in natural disasters such as hurricane Sandy, allowing people to rely on a local microgrid when the major infrastructure fails.bitcoin casino script downloadOther companies are hot on Transactive’s heels.open bitcoin atm kitGrid Singularity, based in Vienna, Austria, wants to bring the same decentralised energy market to developing countries, to help distribute solar power.bitcoin payout paypal

MIT start-up SolarCoin pays people with an alternative digital currency for generating solar energy, one coin for 1 megawatt-hour of solar electricity.With blockchain, “it’s like the early days of the internet,” says Greentech Media CEO Scott Clavenna.When the internet was first introduced, it was hard to conceive of the drastic impact it would have on the world.ripple xrp vs bitcoin“We’ve got all the parts to do some really interesting things,” he says.This article was originally written by Dan Finlay and published as a github gist.Dan has kindly allowed us to republish it here!If you're interested in building web apps with the Ethereum blockchain, you may have found the Truffle web framework to be a nice fit for your needs.For many types of Dapps (Distributed Apps), Truffle does everything you could want: It compiles your blockchain contracts, injects them into your web app, and can even run a test suite against them!

This is all great for you, but what about your users?Truffle has some great defaults for users who are willing to run a local Ethereum JSON RPC server on their computer, but what about your users who just want to sign on and get started?With Metamask, all your users need to do is install our Chrome plugin, and they will have their own secure blockchain accounts right there in the convenience of their browsers.Metamask is just a Developer Preview right now, and has not been released to the general public.We don't recommend putting serious funds in it, but instead encourage you to use it to help prepare your dapps for Ethereum browsers.It's possible your Truffle Dapp is already compatible with Metamask, but if you're like me, you want to go through your project and see what it's like from your user's perspective.Just in case you haven't used Truffle before, I'm going to start by describing how to scaffold a minimal Truffle dapp.If you already have one set up, feel free to scroll ahead!You're going to need to have installed node.js.

From there, you need to install truffle (npm install -g truffle).Also, you're going to need to run a local blockchain RPC server to test and develop against.I recommend using TestRPC, which you install by running npm install -g ethereumjs-testrpc.Next let's make sure we have our testrpc running in the background.Open your terminal and run the command testrpc.It runs on port 8545 by default, just like most Ethereum RPCs, and so does Truffle.Ethereum RPCs can run in a pre-authenticated mode, that allows you to perform transactions without providing any additional credentials.Obviously this would be a dangerous thing to do on the open web, but for local development, it's the default method that testrpc provides.When you first start testrpc, You get a list of initial accounts.These accounts start funded with a whole lot of Ether, so you can practice exchanging funds between accounts.When you open a normal Truffle Dapp, it takes advantage of your local authenticated rpc, and has access to its account list.

The default Truffle dapp just uses the first account in the list.Next, let's generate a basic Truffle dapp.The default result of truffle init is a simple example currency.To get it up and running, run these commands: We just deployed a simple alt-coin called MetaCoin to our local blockchain, and it's available to our browser on http://localhost:8080!If you visit it, you'll see that by default this new Dapp template signs you in with the first account on your testrpc account list, which happens to be the same account that got pre-populated with 10k shiny new Metacoins!That's because when you ran truffle migrate, Truffle used your first account as the contract publisher, and the contract says to fund the creator's account with 10k coins.If you don't see any Metacoin in this account, it may be because you have Metamask already installed.Jump down to "Switching between TestRPC and Metamask accounts" below.You can now send those coins to any account you want, so let's now set up some Metamask accounts, and then we can fund them!

Now you'll want to install Metamask from the Chrome store.Metamask is currently not listed on the Chrome store, but you get that link because you're an early adopter who we want to support.When first setting up Metamask, you'll need to provide a password (used to encrypt your wallet).It is then going to generate a unique twelve-word phrase that you'll eventually be able to use to recover all your accounts.We haven't done that yet because this is just a developer preview!Please don't use Metamask for important things yet!By default you get three accounts, all named Wallie.Again, our developer preview is showing.Eventually we're planning to integrate rich persona management via uPort!).To use Metamask with your local development blockchain, you need to point it at your testrpc.Metamask will close at this point to restart itself.You can now sign into the dapp with Metamask.You might notice you don't have any Metacoin in this account.That's a good thing!It means your new currency isn't going out to random accounts on the internet!

To send some Metacoin to one of your Metamask accounts, you're going to need that account's address.To copy a Metamask account's address: You now you have a copy of your address to send to!When Metamask is installed, it intercepts calls and transactions to the Ethereum blockchain, and forwards them to its own RPC (which is currently on the test-network by default).Since Metamask is managing ethereum connections when it's installed, our Chrome browser right now can't access our testrpc accounts, because those accounts are managed by the testrpc node itself, so we need to open a browser without metamask.The easiest way to do this is to open an incognito window.You can also open another browser.Once you're connected to your testrpc accounts again, you can send your Metacoin to whoever you please, including your new Metamask accounts.You might also notice that your new Metamask accounts don't have any ether in them.The testrpc initializes the blockchain with just its starting accounts having any balance, so to fund a Metamask account, you need to send some Ether to those accounts from one of your testrpc accounts.

(In a future version of TestRPC there will probably be better ways to do this).Here's a simple shell command to tell your testrpc to send 1 ether to your Metamask account.Let's assume 0x0f91747e3a5df28d81ab30b2d8216c93263c0cf3 is the first account in your testrpc list, and 0xbbd220f66e989a493c4d48531ea1e283abc385de is one of your Metamask accounts.1e18 is equal to 1 ether, which will be more than enough for our purposes.If you want to use testrpc/Metamask combination for development purposes, another route to get the accounts in Metamask to be useful with testrpc is to use the HD wallet generation that both support.If you start testrpc it creates 10 different addresses that can be recovered by the supplied mnemonic.The `testrpc output show the 10 inital accounts, the 10 private keys for the accounts and the mnemonic to recreate those accounts.If you use that mnemonic in Metamask to restore an existing vault instead of creating a new one Metamask will use the same accounts.Testrpc also support a command line option to supply the mnemonic instead of using a random one.

Starting it with testrpc -m "rubber negative firm purity helmet barely six asset imitate nephew october pluck" will give you the same accounts each time.That way you don't have to setup Metamask every time to use a new mnemonic.Now if we connect to our Dapp via Metamask, we should see we have some MetaCoin, and if we look in our Metamask plugin, we should have 1 ether too!It's important that we have ether, because it's not only a currency for trade, it's also the currency for processing transactions on the Ethereum blockchain.This processing fee is referred to as "gas".Let's try sending some Metacoin from one of our Metamask accounts to another.First select the account that has the Metacoin and Ether.Now click the details arrow for another account, and copy its address (COPY ADDR).Paste the address into the Dapp window, along with how much Metacoin you'd like to send, and hit send!You should see a notification pop-up, notifying you that you have a transaction to approve in Metamask.You can either click "Approve" on the notification, or open the Metamask pop-up and review the transaction there.

This is one way that Metamask is a safer Ethereum browsing experience than running your own RPC.While a pre-authenticated RPC automatically approves all requests sent to it, Metamask gives the user an opportunity to review and approve or reject each transaction that's requested by the dapp.Long term, making transactions easy to intelligently review is an important priority for Ethereum developers.This has been a simple example, but hopefully shows how Truffle and Metamask work together.They are able to pretty much work out of the box!That's because Truffle helps you write web3-compliant dapps.Web3 is a Javascript API declared by the core Ethereum team, and since it was standardized early, tools that take advantage of its common methods work well together.This makes connecting to a Truffle Dapp with Metamask not much harder than connecting via your own RPC, but it's a lot easier for your users.That's because Metamask is a hyper-light client that doesn't replicate the entire blockchain locally, but it does let users manage their own accounts, so they can casually benefit from the security of private key management, while placing trust for block validation on Metamask's configured RPC provider.