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The Power Ledger Platform enables peer-to-peer energy trading by capturing, in real time, both how participants generate and how they consume power. Generation and consumption are handled through transactions carried out at set rates.
The Power Ledger Platform is built across two blockchain layers and relies on two coins: The Power Ledger Token (POWR) and Sparkz. POWR and Sparkz are both part of the system, but each serves distinct roles on the two blockchains. The platform combines the public Ethereum blockchain with a private consortium blockchain called Ecochain.
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