/biz/ - Business & Finance

>>17335533
I have a smart toilet which analyzes my shit. I've considered opening up a betting site where people can bet on when i shit, how much, loose/hard etc. My idea is to use chainlink to execute payments to winners when my smart toilet uploads results.

>>17335533
don't want to spoil it but looking into energy grid applications related to chainlink service as the oracle
it's related to my main career in engineering consulting

>>17335578
Redpill me on energy grid applications

>>17335533
> He didn't do this two years ago

>>17335590
>Redpill me on energy grid applications
it's to do with stabilizing the electrical grid
with Europe and other countries moving away from nuclear and coal. As they do this, the grid experiences more volatility and fluctuations, especially as they onload "renewable energy sources" such as solar, wind, etc.

energy grid fluctuations leads to frequency drops/spikes and that leads to bad quality power being delivered to end-users

through my career in engineering consulting, my company already has some projects ongoing related to grid stabilization (won't disclose details) and I would like to approach the chainlink team eventually to assist in implementing this technology and integrating it with our equipment

to be honest, I would look to retain Jonny Huxtable's linkpool team for technical assistance

>>17335727
Good luck. You will probably be assassinated for fucking with big energy's turf if you decide to do something like that. Be careful if you decide to seriously pursue it.

>>17335727
Books on energy grid stabilization? I still don’t understand what’s causing the destabilization exactly

>>17335754
>You will probably be assassinated for fucking with big energy's turf if you decide to do something like that
lol I'm their consultant and I have significant experience working in large scale power generation and energy projects
even did a major project for the US Army Corps of Engineers

>Be careful if you decide to seriously pursue it.
thank you for your concern though, it ain't easy when you're making moves like this

link related:
http://www.ieso.ca/power-data
imagine how well this type of thing would lend itself to something like chainlink...

>>17335757
>Books on energy grid stabilization?
this book was a helpful reference in university:
http://powerunit-ju.com/wp-content/uploads/2016/11/POWER-SYSTEM-ANALYSIS_AND-DESIGN_5th-EDITION-by_J.-DUNCAN-GLOVER_.pdf

>>17335757
>I still don’t understand what’s causing the destabilization exactly
you need a fundamental understanding of electricity to be able to understand the dynamics

>>17335847
I’m a Physics PhD student at one of the best universities anon. Tell me what I’m not getting about electricity. Thanks for the book btw

>>17335757
>I still don’t understand what’s causing the destabilization exactly
>>17335915
>Tell me what I’m not getting about electricity
voltage fluctuations in the energy grid lead to shifts in frequency
for example, in Europe, the grid frequency is 50Hz
in America, the grid frequency is 60Hz

therefore a lot of reactive electrical loads such as motors require AC electricity at that specific grid frequency to properly operate
if the grid frequency deviates significantly from the nominal, then you will see rolling blackouts and outages in your grid

given that, in our modern world, we are increasingly becoming reliant on continuous and uninterrupted electricity, the maintenance and upgrading of the existing electrical grid is going to become a more important consideration into the future, especially with the move away from large scale baseline power generation technologies such as coal and nuclear fuels

>>17335757
simply put, let's say there's a lot of wind power integrated in the grid. so in one moment the wind across the country is strong, energy produced from it is great, but the wind is volatile and stops blowing, energy produced suddenly drops
but the produced energy must match energy spent in every moment because it has nowhere else to go, so you have to fix that with other power plants
same goes when reversed, wind suddenly starts blowing means too much energy
you can imagine the same with solar, a cloud comes, no energy production. since renewables are so volatile, it sucks for the grid because there are constant spikes instead of smooth sailing (as in nuclear or thermal where you choose how much fuel you put in)

>>17335533
I am going to sell chastity devices with a small raspberry pi tier microcomputer in them that can transmit data over a wireless network, confirmed by a chainlink oracle, confirming that it has not been tampered with/taken off somehow. Dominatrixes will be able to enforce real smart debt contracts on cuckolds.

>>17335915
>I’m a Physics PhD student at one of the best universities
>>17335915
>Tell me what I’m not getting about electricity
there's other subtleties when it comes to electricity and the nature of light and time that aren't immediately or intuitively obvious

that being said, there's no need to go into fundamental analysis regarding electricity or the quantum nature of light, for the purposes of electrical grid discussion we can keep it on an engineering level of discourse

>>17336013
>produced energy must match energy spent in every moment because it has nowhere else to go
>since renewables are so volatile, it sucks for the grid because there are constant spikes instead of smooth sailing
precisely

>>17335987
What about research into high energy density capacitors? I always figured the real goal behind Tesla was to develop batteries like Heinleins ship stones and all their cars were just a cover to justify doing that basic research without alerting their rivals. Don’t need a grid at that point.

>>17336085
>What about research into high energy density capacitors?
a pipe dream, it's always one "miracle" material away from being invented

I did do work on synchronous condensers in Manitoba for their converting station where they converted the electricity from the northern DC transmission lines, into AC electricity

very interesting stuff (pic related)
did the system engineering, factory work, field work, and commissioning of the machine

I have a lot of overlap with Nikola Tesla when it comes to high voltage high frequency electricity and R&D. I even worked on some of the same powerplants that Tesla worked on in Niagara Falls 100 years prior.

>>17335754
>You will probably be assassinated for fucking with big energy's turf
it's funny, I saved their asses on more than few occasions by catching mistakes and doing my R&D for a large hydrogenerator OEM

I have a lot to be grateful for and was given opportunities that most people wouldn't even think was possible and all of it at a young age.

I don't see them as my enemies, rather I see opportunities for collaboration and success. There's always a way to do things better than is currently being done. I want to make this a reality.

>>17335533
Ari Juels Assassination Squad

>>17336152
Well that’s sad if true. Materials science was always the neatest to me. I assume your project would be something along the lines of having the existing grid expanded with redundant loops that would automatically be incorporated or removed from the existing grid based on changes in the frequency of the grid? What about high temp superconductors, are you dissatisfied with that research as well?

>>17336335
>Materials science was always the neatest to me
and for me as well, I did a lot of dielectrics materials and high voltage testing R&D for the OEM I worked for related to their insulation
Materials science is still at the core of technological developments (think 7nm transistors, etc.)
however, we are still a far ways away from having a grid-less future and batteries are a poor mans way of storing energy (even high energy density capacitors)
funnily enough, water reservoirs are still the best store of energy (think hydroelectric powerplants)

>>17336335
>I assume your project would be something along the lines of having the existing grid expanded
actually, the projects I'm working on now are related to the end-users more than the grid (pic related).
This kind of technology of course lends itself to a decentralized oracle like chainlink
instead of decentralized price feeds, imagine decentralized electrical grid feeds (think: power, energy, voltage, current, frequency, power factor, etc.)

>>17336335
>What about high temp superconductors, are you dissatisfied with that research as well?
funny you mention it, I did research at the Perimeter Institute related to quantum information:
https://www.perimeterinstitute.ca/research/research-areas/quantum-information
They used superconducting josephson junctions to simulate quantum computation and utilized liquid helium to achieve the desired temperatures

we are still a far ways away from having room temperature super-conduction

>>17336482
>superconducting josephson junctions to simulate quantum computation
still though, they were only pseudo-quantum because they simulated atoms
in my opinion, cryptocurrency networks like ethereum are closer to a real quantum computer than what they are making in the labs today

>>17335533
99% of people here do not code or know how the blockchain actually works.

>>17336594
>99% of people here do not code
you don't need to know how to code
as this technology matures, you'll be playing with GUIs while the code is running in the background

someone can be really good at using SAP without needing to know how to code