Topic: [ANN][SLR] SolarCoin - PoW reward for solar energy | the GREEN KING of Crypto - page 51. (Read 138368 times)

Really??? I enjoyed it immensely! But I can totally see why people wouldn't enjoy it.

Just to be clear, I can't rule out the possibility that I may have smoked something before watching it that made it seem like a much better movie than it is...

I hate that movie. It irks me.

On a more serious note and speaking of golden spirals, have you all seen this chart of the Arctic ice melt? Not good.  

You had me at spiral... 

Just promise me you won't do this (from the movie Pi):

For sure PoSV is where I personally think we should consider testing   


Any one who likes PoS should take the time to read this paper, It goes in to PoSV as well



I have been working with spiral mathematical expressions to better implement a digital Velocity in to the code

http://upload.wikimedia.org/wikipedia/commons/8/88/Archimedean_spiral_polar.svg

I also support PoS adoption.

Dev team, Please refer to article about 51% attack and double spending.

Link : http://www.reddit.com/r/reddCoin/comments/25qgv9/case_study_51_attack_and_double_spending/

I'm also a supporter of PoS as a future development for SolarCoin. Just so that everyone knows, this idea is very much on the radar screen of the SolarCoin Foundation Board and dev team as something to consider in the longer term. One possibility that has been talked about is a fork to PoS after we reach approximately 50 million mined coins, which is supposed to happen near the end of this year. That would allow plenty of time for research and discussion of all the specifications, risks and ramifications of such a change, and thorough testing of all new code, wallets, etc.

Just to be clear, the Board has not decided on PoS, but plans to study and consider it.

Thank you, Sunuser, for adding your voice and ideas to the discussion.

I am impressed with Digishield. Thanks for all your hard work behind the scenes.

I have been part of the research effort (albeit a small part) over the weekend to try and figure out the best approach to take. I can tell you it looks like Digishield is in the lead in terms of solutions. Once a course of action is decided upon, some testers with rigs may be needed. Again, stay abreast of the SLR forum thread, Justin will post there if he needs some assistance, I'm sure.

Wouldn't that be a "fork in the road"?

For sure a PoS fork will be a very big job and it must be done right...

What is your thoughts on digishield vs KGW as the retarget protocol?

And this is something I need to look further in to PoSV it's seems interesting...
 http://www.reddcoin.com/papers/PoSV.pdf

I happen to love this idea as well, I'd just like to see the difficulty retargeting get addressed first so we can put out that fire and be done with it. Then our tech team will have some forking experience (no pun intended  ) under their belts and can begin thinking about the larger project of a potential PoS fork down the road.

This is a post I submitted to the solarcoin forum thread above, I figured I would echo it here while its pending approval to be publicly posted to that thread...

I'm sorry if this has been brought up before, this topic has been in a lot of different forums.

Have you considered  Digishield http://www.digibyte.co/digishield

I know other many other coins I have implemented it, I have mined a few coins with it and I haven't seen anything wrong yet.

It sounds like you have been doing a lot of testing, have you found things wrong with digishield?


Also has there been any real talk about SolarCoin adding PoS (proof of stake) It could bring some big attention to SolarCoin.

With Proof of Stake (PoS) being an "energy efficient" method of securing a coin's block chain. Because PoS mining does not require the intense computing to secure the block chain, it instead requires a small amount of CPU power, and some coins in an open wallet, to create new blocks within the network.

Here is a clipped video from Nxt coin on PoS http://youtu.be/jjGwnGEwZHw

Here is Hobonickel (where the above quote came from) which is a Pow/Pos hybrid
 http://wiki.hobonickels.info/index.php?title=Proof_of_Stake


If you add PoS to Solarcoin it would become one of the most dynamic Crypto's on the market in my humble opinion.

Solarcoin at that point would have 2 PoW and PoS,
PoW- Solar power generating panels 
PoW- Mining network
PoS- Coin holders

One of the bigger drawbacks to PoS is hoarding because no one wants to give up their coins. So that drives up the price, but also makes it harder to get coins. The thing Solarcoin has that makes it a great PoS candidate is the premined Gen pool. With the large chunk of coins premined and given out for solar power generation, That solves the hoarding problems of other PoS coins as well as drives more people to redeem coins for solar power. Its also good to mention it would be important to keep the premined out of receiving PoS rewards, simple keeping them in cold wallets.

Im not a promoter of any of the other coins... I could care less how the coins used for example proform... They are only used as a reference... Im all about making Solarcoin the best it can be!!!!

And, yes, there is that. 

Since §1 = 1MWh, then yes. What will a MWh be worth to the world in a few years? Especially if that MWh came from solar electricity generation? That's the question I like asking myself.  

When I got involved at the end of January, my first impression was that if 1 MWh of electricity is enough to power an average home for one month, then the goal to me would be that I could eventually pay the power company §1 a month and my bill would be covered. My monthly power bill is $172.

As solar takes off (and it will), that will drive the cost of electricity down anyway. And we'll be right there enjoying the ride and creating a stable, representative currency to help grow the next phase in technological evolution.

That is certainly well above the projected goal but is it unreasonable? Are we in on the ground floor of something truly revolutionary? I think so. Otherwise I wouldn't be here.  

Hehe, let's make it to $1 first buddy...

 

50,000 solarcoins for under .00005000  allcrypt

worth $1 million one day?

An update on the difficulty retargeting has been posted on the SLR forums, here is what Justin said:


http://solarcoin.org/forum/viewtopic.php?f=7&t=683&sid=7cad98d09a271193156913d4a9b59e09&start=10

We are gaining traction slowly but surely...  Go SLR!!!   

The developer and Board of Directors are discussing which specific difficulty retargeting method to implement.

I am not the dev, nor do I serve on the Board, but I am in frequent private communication with all of them. I can assure you that a fix will occur and that it's the highest priority on the to-do list.