Topic: [ANN][SLR] SolarCoin | PoW to PoS v. 2.0 | Solar Proof of Generation (§1 = 1MWh) - page 45. (Read 466803 times)

Yeah, in fact bittrex has overtaken poloniex in volume. Poloniex is shitting the bed with their support... On top of that their withdrawal limits suck. the more bitcoin rises the less BTC you can withdraw because the limits are calculated in $.

Looks like an altcoin gully right now for most of the altcoin markets. But with more people buying bitcoin, then that means there is becoming a surplus of bitcoin with which to spend on altcoins again. So now seems to be a really good time to buy alt...especially SLR. Either buy or hodl !

Not sure you guys have noticed but we do not need Poloniex anymore Bittrex/lykke are becoming monster exchanges.

NXT has something similar called transparent forging. This would be great for Solarcoin!

That would be revolutionary, to be able to store your real coins offline in a cold wallet and just stake an image of your wallet instead of the actual wallet.

I would head over to the slack channel and ask this question.

https://solarcoin.org/en/solarcoin-forum/

Is it possible to stake on a remote server such as linux VPS while securing our Solarcoins on a cold windows wallet?

914 members strong on the Solarcoin slack channel.

https://solarcoin.org/en/solarcoin-forum/

https://github.com/bitcoin/bips/blob/master/bip-0065.mediawiki

This BIP describes a new opcode (OP_CHECKLOCKTIMEVERIFY) that allows a transaction output to be made unspendable until some point in the future.

Key element to timelock of SolarCoin generator pool.

HODDDDLLLL 

thx for the cheap coins 

I wrote that wrong, I meant the 500 million would be available at any time. Unless that is also time locked? I know 500 Million is only because the devs didn't know if the price would be more than 1 satoshi which at todays price of Bitcoin is only about $15K. How much of the 500M has been used so far?

There are approx 97.5 Billion SolarCoin in there generator pool. With the time lock functionality implemented, they will NOT be available for claims at any time. Only a very small portion will be.

That is just the security behind the Generator pool. There are always 98 Billion coin available for Claims and 500M for Development is also available at any time.

Implementation of these factors definitely seems to be important for the health of this coin long term. I'm especially excited by limited amount of coin available for issuance at any one point in time. This coin really seems to have a strong future ahead!

Well too much proof of work coin is out there for the price to move up for claimers. Either it rains claims on the buyers or it drowns the claim power out from the PoW coin.

Too bad there is no reason to buy SLR other than the one I gave earlier. PEG to the wholesale value of Power and then trade on that PEG. $120 a coin is better than a few pennies and waiting 40 years.

Perhaps if you can prove you are installing in a rural area you get a PEG Claim for the total cost of your panels. $25,000 in SLR at the PEG of $120 wholesale power for 1MWH is only 208 coins. What would be the harm of this? You get your generation Claim too. It could even go retroactive for all claims.

But SLR needs to open a Solar Market and I had suggested some of the Glut of older Tech be sold for Solar Coin and the manufacturer keeps the coin for the "rainy day" (leaky ceiling reference lol) and wait for the sun to dry up the river of claims. Perhaps they grant retail on older tech and there we have the regaining of energy and power back into SLR. Since this older tech may never sell and would only depreciate their market share it gives the Manufacturer extra SLR in return.

If SLR can PEG internally it will grow exponentially creating a buy on the market. People willing to accept internal trade for used goods like a Solarebay will propel it into the sunspot light. But just using the actual PEG at the manufacturer would create a buy on the market. People would flood in to buy SLR so they can get the actual Solar Panels for cheaper. So really it only comes down to the Glut and one smart Manufacturer willing to go out on a limb and accept 100% in SLR on all the stock piles of panels. I would think they have to actually be installed to go into effect and this is where an installer comes in and validates the transaction. Then that installer makes real money and would most likely have to take on workers at first until the market price hits $120. Then the rush would simmer down but guess what... The manufacturer took profit on the rise of the coin.

People willing to trade at $120 a coin might grow viral, just look at some things you may not really need that are lying around and put them out there for SLR. Since the deal was at $120 you take a huge loss write off but get to trade again for something you may want. I even suggested people can charge retail for their used product. A $1000 item that may only sell for $200 now like for instance a BitCoin miner. You can buy it with 8.3 SLR instead of 1428.57 SLR to equal $200. Then we gain back energy lost in a product simultaneously. And we put it into the SLR blockchain and marketcap. The actual granting of coin at the PEG also would be showing a true marketcap of the equipment out there too.

The whole problem stems from the fact that nobody needs to buy SLR to do anything with. There is nothing to buy with it. And if you do buy something that merchant has to just go and sell it to get their costs out. So instead of taking $200 from your wallet and buying the product you want, you would have to go online buy some SLR with your $200 and then possibly lose value due to someone dumping as you bought. Then that seller has to go and sell to the same market you bought from and if you had any coin left over it is now worth less due to the selling.

So now you can see  it would only take a large manufacturer to put it on the line and this coin would take off. The claims could RAIN down and people would turn their umbrella upside down to buy all that coin! This would then perpetuate the market. I really don't know why no manufacturer can see this as the ultimate gamble that would turn the world green.

hey it's great this project is still going, i think it's visionary and the time will come soon when solar power generation is distributed and private, rural communities and developing societies would benefit the most, maybe SLR can be used to incentivize those projects and help poor communities build their solar panel solutions. Probably already in the work of the project, but I was away for a long time..
good luck!

https://en.wikipedia.org/wiki/An_Inconvenient_Sequel:_Truth_to_Power

SolarCoin is the solution!

With the increasing number of electrical projects using solar energy.
Hopefully it can reduce pollution on earth and SLR is a good future.
Good luck!