Topic: [ANN][SLR] SolarCoin - PoW reward for solar energy | the GREEN KING of Crypto - page 43. (Read 138370 times)

Unfortunately I am unable to help with that, my little 450 KHs miner I bought in February crapped out on me. But from what I can see, testing is going very well! *fingers crossed* for a smooth rollout.

SolarCoin volume on Bittrex has been increasing recently. §20-30k traded per day the last few days. Still less than AllCrypt, but gaining ground. Nice to see some action for our currency on a bigger exchange, and Bittrex has been growing and adding new features, etc. Maybe in a few more months it'll be just as big as MintPal and Cryptsy.

https://bittrex.com/Market/Index?MarketName=BTC-SLR

I just wish we could get some traders interested in this coin to give it more of a liquid order book. I have a feeling that nearly all the §SLR being "traded" on the exchanges is just miners dumping it straight into the hands of long-term investors who will never sell it for 2+ years.

Looking on the bright side, it's hard to imagine the price not going up when the supply of coins being mined by immediate dumpers starts to decline. Buying interest is there, eating a steady diet of dumped coins day after day.

Maybe it's just tired. It's possible we can revive it.

Unfortunately I am unable to help with that, my little 450 KHs miner I bought in February crapped out on me. But from what I can see, testing is going very well! *fingers crossed* for a smooth rollout.

yeah, wasn't the usual mining cycle this time.  I managed to mine a few coins at the low difficulty.  It'll be nice when the new code comes…hopefully soon. :-)

Well damn, there was indeed a 2.8 diff in the middle of the night according to the block explorer... How long did it last? 5 hours. Wow...

Why do these people have to rape for the whole 5 hours? Why not just rape for 3-4 hours and then walk away? Better yet, why not make love 24/7 instead of raping??? 

Meh, whatever, it'll all be a blip in SolarCoin history soon enough. 

Just saw that myself. Looks like we won't get to pillage like I was hoping.

Someone is mining solarcoin now with 564,274 Kh/s against the last couple of hundred blocks at the current difficulty.  It's driving up the difficulty for the next period. He's probably trying to get an early start a the low difficulty, but the expected difficulty in the next period is now indicating it'll be 10+. :-)

Well, looks like we'll get another chance to rape and pillage after all ... how much longer? 2-2.5 days or so?

Well, looks like we'll get another chance to rape and pillage after all ... how much longer? 2-2.5 days or so?

LOL Have fun, it may be the last chance you get to rape and pillage this one.

So I saw Nick mention Ethereum in passing in another forum https://cryptocointalk.com/topic/3079-solarcoin-slr-information/page-17. Having never really delved into that one in any depth, I decided to go take a peek and see what all the fuss is about. And now I’m speechless. 

Picture this: What if the “currency” portion of SolarCoin were governed by the bitcoin protocol and the “proof of generation” portion of SolarCoin were governed by the Ethereum protocol? Seems to me that could totally work, right? Yin meet Yang!

It makes perfect sense to me. If that were to happen, we could easily have the winning formula to save the planet, both ecologically and economically! Transformational indeed.

Just think about the implications of that for a few moments and then tell me how long it takes before you’re able to speak…

Such a structure would also get around the security issues and the risk of losing coins, I think. If some of the pre-mined coins were held in reserve to cover future losses, a person who claims to have lost their coins could actually have them replaced and the lost ones removed altogether because the ethereum side could confirm that the guy who says he lost them is indeed the guy who was issued them and the SLR transactions side can easily confirm the correct amount that is lost. Then based on the contract rules in place for the reserve coins on ethereum, the lost coins could be taken from there to replace the ones destroyed with no double-counting taking place. Does that make any sense?

It also resolves anonymity too doesn't it? If you want to "earn" your coins from the Generation reserve then you must produce solar energy and you must provide name and proof of generation. If that part is done solely on ethereum and then ethereum approves release of the coin to your wallet, once the coins get there it's part of the bitcoin protocol and it's just cash then and your SLR address has no connection to you as a person because that information is stored separately. Does that make any sense???

I do apologize if I am babbling incoherently, there's just a million ideas zooming through my little brain right now. 

I don't understand how this will fix the pump n dump "difficulty" problem.

proof of stake. wallets do the work so you don't need gpu's to generate blocks, though you can still use them.