Why would a merchant accept Solarcoin? A partner recently asked why would a merchant accept solarcoin? Thought I would share the answer for those interested. The currency acceptance issue is an interesting one and a classic chicken and egg scenario. Currency: a social protocol works most effectively when there are lots buyers and sellers willing to accept it. Right now solarcoin is where bitcoin was in 2012 two years after launch. A small network, but growing quickly. Once a merchant perceives a personal benefit in signaling they accept Solarcoin they will. We have a small candle manufacturer accepting solarcoins and I even sold a few copies of my book for it. As the network grows, we anticipate uptake in SolarCoin but for now one needs a gateway service. see below. There are 2 main benefits for a merchant to accept solarcoin, pending market growth etc. to a more critical mass. 1. Green goodwill as a marketing exercise. This is mostly a one off novelty effect for the merchant and has smaller appeal. 2. Cheap clearing fees. Many retailers operate on 3-8% net income margins. Visa, AMEX and Mastercard charge 1.5-3.5% for processing. So the impact to free cash flow >real ROE for a merchant can be significant 10-30% improvement. It is the reason gas stations for example give a cash discount or discount for debit cards. Bitcoin is a useful example here. Bitcoin has roughly 3m users/acceptors. As of early 2015 there were 100,000 bitcoin merchants, there are probably more now as there is price stability and better services globally. Gateway services: 1. SolarCoins can be converted into bitcoin and are traded 24/7. https://www.coingecko.com/en/price_charts/solarcoin/usd2. There are many bitcoin debit cards which effectively transfer bitcoin into fiat during the debit card use. This works similar to what happens when a tourist spends money abroad with a credit or debit card. So effectively one can "spend" bitcoin anywhere they can use a debit card. Most likely as solarcoin grows, similar automatic transaction services will spring up. Expect it around 500k user network size. Note that new SolarCoin wallets should include support for Android and IOS mobile wallets https://copay.io/ These will be udnerway post 2.11 release. Hope this helps. These are reasons why Merchants WON'T accept SolarCoin. BitCoin is not Green and in order to get out of the market the merchants have to take risks with it in order to give the appearance of being Green with SolarCoin. These risks could gain them money but they can also get stuck at percentages well above the normal fees for Visa or be forced to wait. So Merchants must sell to BitCoin to get their costs of goods back. This means they also have to give their identity and banking information to an Exchange under KYC-AML just to achieve liquidity. They also risk that the exchange may hack itself and take the customers funds. Questionable security along with market maneuvering just to accept a coin that people would have to take their FIAT that they could already hand the merchant and yet they go buy BitCoin, to then go buy SolarCoin, and then give it to the Merchant who must go Sell to BitCoin and then Sell to FIAT. Not many Merchants would put themselves through the wringer just to use a coin, and if they were going to accept Crypto they could just accept BitCoin since they have to get back to that anyways. If SolarCoin was used outside of BitCoin it could be green and be adopted, instead it is now SolarCoin supporting and sustaining BitCoin usage. Another upside would be that there are not many people using SolarCoin so Merchant exposure would be very small. This may be the only reason to accept it and normally a Merchant who would agree to use SolarCoin would already be accepting BitCoin and have the channel setup for usage. So the 100,000 BitCoin merchants should be targeted as merchants and let the SolarCoin POW sell off for these merchants products commence! Merchants build it into the costs of goods. The grants are free, it may cost a little more to buy something with SLR, but it's found money, everyone wins. Does Bitcoin do that? No, you have to buy it in order to spend it. |
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My total is showing more then it should be on 2.08
Rescan the wallet. |
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Up and running... happy to be part of the community  Nice to have you.  |
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Solarcoin newbie here... having difficulty with my newly downloaded solarcoin wallet version 2.0.8
for some reason my wallet is not connecting to my network and I have zero connections. I'm running on windows 7 and thought it could have been my firewall that was blocking something, so I went into my advanced settings and created a new outbound rule to allow a connection through port 18181... that didn't work. even went into my SQL server configuration and made sure that TCP/IP was enabled. So right now I'm not so sure it's my firewall.
Has anyone had trouble with their wallet connecting to the network? If so, any suggestions on what I should test so I can properly use the wallet? Any help would be much appreciated
Also, love solarcoin... I see some real potential here
It would be your Inbound not Outbound at that port. So you want to port forward to your IP and make it static then reserve that IP if you have DHCP enabled. don't mean to interject this debate but still having trouble finding connections on my wallet... I set up my static IP address and now I'm in my router settings trying to add a port forwarding list what should I add in these slots? [Service Name], [Port Range], [Local IP], [Local Port], [Protocal] #lost Does your router Firewall/Security/Forwarding settings section include a UPnP enable/disable setting? Edit: The SolarCoin p2p port is 18188, not 18181. If you also have Port triggering setting on your router, you can manually set port triggering for port 18188 and the static IP you've chosen. Yup, I have enabled UPnP on my router settings. I do have the port triggering option and the list gives me the ability to insert [Description], [Trigger Port], [Protocal], [Incoming Port], [Protocal] - what should I put for these? right now I've got: [Solarcoin], [18188], [TCP], [18188], [TCP] If it still doesn't work, and you are in Windows, then did you let the Windows Firewall fully allow access for the SolarCoin-qt.exe? Windows Firewall asks a question the first time you run the wallet. It sets up 2 rules on the Inbound Rules table (can be found under Windows Firewall Advanced Settings). EDIT: if for some reason you don't find the rules on the Inbound Rules list, I will post here screenshots so that you can set them up manually. okay, for some reason I don't see them at all. could you post? any chance it's something totally different than my firewall? Open ports 18181, 18188, and 9050, all three TCP only. Direct them to the local IP address of the computer you're running the wallet on. |
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I have patience, I know the true value of this technology. I'll let people take early profits, it's going to happen anyway. For those with deep enough pockets to buy and hold now, I also thank you. The largest corporations in the world wouldn't survive if the majority shareholders sold out on every peak. They keep their valuation in part due to large percentage holders.
With so much going on behind the scenes, we've only seen a fraction of what's to come.
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Under my scenario? It is the SLR market either way. The market cap is the same at the split and the magic number is in effect to make real trade happen at higher valuation than going to BitCoin for expenses or costs of goods. The party accepting SLR for their Service or Used Goods could sell to BitCoin also, but if there is a big enough disparity people may just continue real trade. Guess what happens if they just continue to trade... SLR now rids itself of BitCoin. Only with merchants would it even come into play, buying solar panels or inverters etc. and that is an exchange where people take their risks no matter what and there is less coin now too but the same market cap and growth could continue unhindered as it would normally.
The main market could be flooded by anyone at anytime yeah! currently and in the hypothetical version. Since the price goes up people claim in and sell out, I thought that was elementary... but you accepted it with the 33 Million in play to usurp any claims and you have no problem with that. It is more realistic that a large facility claims when the prices are high and sell out never to return. Takes a lot of churning out coin too and there is a decreasing margin of utility as I mentioned... Who needs to buy BitCoin to buy SLR to then Buy an Inverter or Solar Panel when they can just take their cash and go buy it without any risks in any markets. They don't get the upside but hmm they also could lose it all.
Overall my scenario may incentivize Solar adoption better as the markets are both viable simultaneously since people will get to possibly trade for other goods at a better rate with the magic number. Lets say the Exchange market goes to NIL. You still have the PEG for real trade.
I still don't see where it's a problem. The Bitcoin market is currently 15 million coins in circulation with a cap of 6 billion. Solarcoin has roughly double the coins in circulation with a predicted market cap of 680 million. Even as the coin supply could double or triple within 5 years, that's still well under the current Bitcoin market cap. That also dwarfs the current circulation with claims alone. Even the so called whales won't have enough to disrupt the market once it becomes saturated. I don't see a need for anything magical except market forces and the will of the people to put technology into motion. |
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is the price of SolarCoin going down, when the power produced by Solar Cells getting cheaper over time?
That only makes it cost less to claim as you are saying it is cheaper to buy panels. But you are correct when you say the price of SolarCoin will go down if Solar becomes cheaper since more people Claiming and selling will flood the market with coin that it can't support at higher prices. Everyone here likes to tell people the price goes up by claiming but when the market can leave to BitCoin the price goes down. BitCoin is an integral part of SLR and always will be. If the holders of coin right now sell to BitCoin the only way they come back in with their BitCoin is at lower prices, the concept of the market is to buy low sell high and everyone will be doing it at some point so how will it sustain the price later when there will be more people trying to get their claims out into BitCoin and then to Fiat to get the costs of their Solar out. If you get your costs out then that money leaves and doesn't come back. Even if the exchanges let people go from SLR to Fiat the money still leaves to pay for installation costs. How does the SLR market absorb that if there is only so much BitCoin to go around? You have been talking about claims flooding the market since we went past 0.00002000 . And for some reason we are 700% higher now? how can that be if caims are flooding the market. You could say the same about bitcoin. 25 new BTC every 10 min... However the price still stays somewhat stable.. Those who saw the bigger picture got rewarded by a higher solarcoin price. It was pretty simple to see coming. I posed everywhere telling people how I thought SLR was severely undervalued. And who would have guessed. Here we are at much higher prices. I think you might not have realized how little bitcoins had to be invested into SLR for the price to sustain itself. a few months ago all that was needed was a couple of dollars a day. Im not sure about right now but I can tell you it was pretty obvious that SLR was undervalued. Pretty difficult for claims to flood the market at .00002000 if the price were to go up to .02 what do you think will happen? I think the market would flood wouldn't you? Besides that is the point of the coin right... and if it is successful then what do you think happens? Success equals people claim, so you are saying claimers will hold their coin after they are enticed to claim? Definitely undervalued which is part of the reason why not as many people claim. They also have to know about SLR and what better way than money? Everyone I talked to said it isn't worth their time to even bother. I said it is free money etc. How much money? A few cents a coin. How many coins have been claimed? Well 33 Million were mined by people who didn't have to own solar. Thanks I'll pass, ok nice talking with you. So I can't wait till I go back and say hey buddy remember that coin I told you about claiming with solar? It is at $100 a coin now and your claim is worth a ton more! I think he would say, Oh Great where do I sign up? I guess you can't see this scenario playing out and deluging the buys of what we thought the market would bear? Not to mention the 33 Million are in play waiting to pounce! Which is why I suggested a PEG or Magic number. Then you have Real Trade along side Merchant Trade / Magic PEG combined with Exchange Rates. It is very simple to understand that both can subsist together since one requires costs of goods in order to sustain and the other shows utility between users. If the Merchant Trade is down merchants can PEG to it and cost you more SLR to buy a Loaf of Bread or Solar Panel or Inverter. But those who are on board with the Real Trade can have their coin leverage outside an Exchange. It is called the best of both worlds! Even though I am creating my own coin now I still give these ideas to better SLR. It could be done at any time but rolling the 33Million into 10K or 100K has to be considered at the next fork in the road. The 100K scenario fractionally converts the 33 Million into portions creating 10x on an investment. Then claimers can pour in and be rewarded quicker from any buys which could be at the exact same price that the conversion happened and it then moves forward as it normally would. But have the chance that it could boost due to Less Coin and a PEG for Real Trade. Kickstart the claiming and protect claimers simultaneously. I can't wait to be proven wrong and really I want to be proven wrong but it leans in the opposite direction. Have you thought about what happens when a large facility makes a claim and floods the market with tens of thousands of coins under your scenario? There wouldn't be enough liquidity to absorb the claim, and that's just one claim. |
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That is the problem it is a Stock not a Currency. This is why the Costs of Power should be used to PEG the price and then SLR could be stabilized. It is unfortunate that no one foresaw this fact and decided the profit model was best. SolarCoin can never be sold for Cash since BitCoin is the only coin allowed to do that. Otherwise it is a securities act Violation. So it is necessary to exchange to BitCoin in the current model and SolarCoin can not maintain a Green status even though it promotes solar adoption. The very fact that having Merchants means they need liquidity will mean SLR must rely on BitCoin a power hungry coin.
No, it can be sold for cash, all stocks can be sold for cash. Again to my Point a Stock... You can sell it for cash but an exchange can't. There are actually disclaimers written into sites like Payoneer that you can not send cash for Crypto etc. Why would they do this? Because they don't want to be accused of facilitation of a Securities Act Violation. Some exchanges aren't set up for it. You need money changers licensing to do so. Coinbase does it all day long with Bitcoin. In Europe there's bittylicious, and they convert many different coins for Pounds. https://bittylicious.com/There's no violations. |
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That is the problem it is a Stock not a Currency. This is why the Costs of Power should be used to PEG the price and then SLR could be stabilized. It is unfortunate that no one foresaw this fact and decided the profit model was best. SolarCoin can never be sold for Cash since BitCoin is the only coin allowed to do that. Otherwise it is a securities act Violation. So it is necessary to exchange to BitCoin in the current model and SolarCoin can not maintain a Green status even though it promotes solar adoption. The very fact that having Merchants means they need liquidity will mean SLR must rely on BitCoin a power hungry coin.
No, it can be sold for cash, all stocks can be sold for cash. |
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Running new Solarcoin wallet Version 2.1 Withdrawal worked fine from Bittrex to new wallet. Interest rolling in with no problems. So far everything is A++  New wallet you say? Ooooh. *Edit: You beta testing? |
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What should have happened is the 33 Million coin should have been deleted
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Correct me if i am wrong, but the 33 million is now what sustains the actual blockchain with POST ? if removed, how can it works? it's not only a market, it's also a blockchain. The coins get rolled into the 10K or 100K and meet the marketcap of $100 per coin. There is no loss of money or investment from the people who mined the first coins. They didn't exactly pay that much for the coins either, but people who bought in may have quite a few BTC invested. That is also to say they didn't pay as much as it costs to Claim too. I know it represents the previous generated solar but that is a mute issue since the coin needs Claimers in the here and now not represent the previous Solar Generation. But it would still be represented come to think of it just in a better way. What would happen is the coin would fork when the new Smart Contracts are in place. There may be no better time than that to do it since SLR would also be containing the Generator Pool. So by doing an even exchange for the existing coin that cuts the current wallets down to size and then the Price would be allowed to boost without profit takers to $100 per coin or whatever the proper price is per MWH by the market. People will buy these coins and support the Claims. Pretty simple. If there are more Claims than buyers that is a good problem to have since you still give out the claims and the actual monetary trade value can officially always be PEGGED at X per MWH which you do not need an Exchange for. Say you want to trade your old PlayStation to someone holding SLR. Now lets say the going Price for SLR on the exchange is $20 or really really low... But all holders of SLR agree that Trade is always at $100 per coin. When Merchants are involved then the actual Market Price is used so they can get their costs out of their goods. But for normal trade the base is stable at the actual Price world wide. It could be a magic number too and this way it always stays the same. Then the only thing holding the economy back is Claiming or buying new solar panels to then produce more coin and Trade with or Sell to people at Low or possibly High prices. This makes the most sense because the Trading is something of Value for a Green Investment where people who support the coin understand that 1 to 1 with the magic number is ok since this is supporting the economy and mindset. Also when you sell lets say a used PlayStation to a Claimer or holder of SLR coin you can do it for retail even though the PS is used. Like I am trading a $300 PS for 3 SLR $100 Magic Number Coins and you show no depreciation if you wish to trade further with another person. So you take that 3 SLR you got for your PlayStation and you buy an item from someone else that you really want or finalize and depreciate by going to a Merchant to buy a product off the shelf at retail and let them take the risk in the market. The merchant may hold their profits too and create a hedge later but this is volatile and why the actual market is dangerous for merchants. But Trade should be easy to adopt. People can buy coins now and support claims, I don't see a need to artificially impose a value. The value of the coin will rise to what the market thinks the coins value is worth. Right now the foundation is solidifying, which is reflected in recent activity. More value will be inserted into the technology as the technology increases its worth. In the world of crypto currency, doing anything remotely close to what's being achieved with Solarcoin is nothing short of a miracle. What's to stop claimants from buying more coins now while the value is lower and increasing their own potential profits and insuring more solar panels will be installed? Nothing, in fact several claimants have done just that and will continue to do so increasing both the circulation of the coin and it's value. It is not artificial, it is based on the premise that 1SLR=1MWH and if Trade is adopted then now you don't need an Exchange. This is why it is important to PEG the price at the 1MWH cost or Magic number. This isn't artificial since the costs of energy go into everything. The costs of energy to make the Playstation now translate into SLR as trade. I only suggested a face value but it could be traded for .02 of an SLR at the PEGGED Magic number. We all know exchanges can go belly up or steal your coins too so why force people to go and buy coins and then sell coins? Why not just use BitCoin in that case since you have to facilitate BitCoin in every transaction. Why would someone go to the trouble to Buy BitCoin to then Buy SLR to then spend at a Merchant who then goes to sell at a loss on the exchange? Ridiculous! This is the dilemma that an exchange and 33 million coins brings into the picture. Churning out BitCoin to support the economy makes SolarCoin dependent on BitCoin. It doesn't get rid of BitCoin or make it Greener. It makes certain people richer too by keeping the 33 Million. If there were only 10,000 coins and claimers knew people were holding and investing first of all they may not even sell, secondly if they do sell then this was PAID for and given to someone who put money into their SOLAR PANELS! Not some POW hasher who got in on the huge block rewards. In any case these POW and Investors would be able to get their money out or stabilize it and support the project. Now do you think Solar Claimers would buy some of the 10,000 coin? Do you think they would buy slightly cheaper than the magic number? Don't you think this would be a great market for claimers and all holders of SLR? Instead of waiting for the slow ebb and flow of the buys and sells going into BitCoin people could actually use the coin at the intended price. Well they could do that with the 33 Million too but they would be risking it to all the POW coin that is not distributed to the masses yet and may never be distributed since they compete with claimers selling too now. That is funny that you say Claimers are buying coin to try to augment the cost of their solar purchase by selling later. This was my main opposition within the first ideas I proposed in order to boost the price of SLR. The Devs told me Claimers don't want to buy SLR. Buying a CD type mechanism to create SLR with each Claim. Forcing Claimers to buy coin to hold with their Claim in order to pay out their Claim, and they would also get Network Fees rolled in as incentive. Kind of like staking but with a Claim it would boost in PoST and with Fees gained. The only reason an exchange is needed would be to pay for Merchants costs of goods. Since anyone can adopt and use SolarCoin by buying Solar Panels and it is given for free. So we need a delineation of Merchants vs Trade and also less competition in that market in order for Merchants to thrive. I had found a way around all of this and I gave it to SolarCoin. The idea was rejected and I am working on implementing elsewhere. The idea will bring much of these concepts to life and may attract attention with the ability to use Android and iPhone in a very cool way. I am in development as we speak. Again I offered this to SolarCoin and gave first rights of refusal in Slack but the idea was refused. It's 1 SLR per MW/H. Solarcoin was not and is not designed to deliver 1 MW/H per 1 SLR. The only pegged value is what you receive per mw/h. The actual value of the token will be derived through the proof of generation and through use. People will want to encourage use because it encourages lower power costs for everyone, and a cleaner environment everywhere it's accepted. Exchanges are always needed. It's not necessary to trade via bitcoin. Solarcoin can be purchased with cash, if coinbase for example wanted to start selling Solarcoin for fiat/fiat for Solarcoin, they already have all of the paperwork and licensing to do so. Although they may have to file different paperwork depending on how the currency is linked to a legal organization, it's no different than buying company stock which is bought and sold every day for dollars. The whole mechanism behind solarcoin is to create a kind of worldwide co-op of solar producers, installers, and retailers. The value of the token will rise to what's necessary to do business with the token as it relates to clean energy and now also to worldwide solar radiation data collection. There's value in all of this, and some of it will reflect in the token value of Solarcoin. |
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What should have happened is the 33 Million coin should have been deleted
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Correct me if i am wrong, but the 33 million is now what sustains the actual blockchain with POST ? if removed, how can it works? it's not only a market, it's also a blockchain. The coins get rolled into the 10K or 100K and meet the marketcap of $100 per coin. There is no loss of money or investment from the people who mined the first coins. They didn't exactly pay that much for the coins either, but people who bought in may have quite a few BTC invested. That is also to say they didn't pay as much as it costs to Claim too. I know it represents the previous generated solar but that is a mute issue since the coin needs Claimers in the here and now not represent the previous Solar Generation. But it would still be represented come to think of it just in a better way. What would happen is the coin would fork when the new Smart Contracts are in place. There may be no better time than that to do it since SLR would also be containing the Generator Pool. So by doing an even exchange for the existing coin that cuts the current wallets down to size and then the Price would be allowed to boost without profit takers to $100 per coin or whatever the proper price is per MWH by the market. People will buy these coins and support the Claims. Pretty simple. If there are more Claims than buyers that is a good problem to have since you still give out the claims and the actual monetary trade value can officially always be PEGGED at X per MWH which you do not need an Exchange for. Say you want to trade your old PlayStation to someone holding SLR. Now lets say the going Price for SLR on the exchange is $20 or really really low... But all holders of SLR agree that Trade is always at $100 per coin. When Merchants are involved then the actual Market Price is used so they can get their costs out of their goods. But for normal trade the base is stable at the actual Price world wide. It could be a magic number too and this way it always stays the same. Then the only thing holding the economy back is Claiming or buying new solar panels to then produce more coin and Trade with or Sell to people at Low or possibly High prices. This makes the most sense because the Trading is something of Value for a Green Investment where people who support the coin understand that 1 to 1 with the magic number is ok since this is supporting the economy and mindset. Also when you sell lets say a used PlayStation to a Claimer or holder of SLR coin you can do it for retail even though the PS is used. Like I am trading a $300 PS for 3 SLR $100 Magic Number Coins and you show no depreciation if you wish to trade further with another person. So you take that 3 SLR you got for your PlayStation and you buy an item from someone else that you really want or finalize and depreciate by going to a Merchant to buy a product off the shelf at retail and let them take the risk in the market. The merchant may hold their profits too and create a hedge later but this is volatile and why the actual market is dangerous for merchants. But Trade should be easy to adopt. People can buy coins now and support claims, I don't see a need to artificially impose a value. The value of the coin will rise to what the market thinks the coins value is worth. Right now the foundation is solidifying, which is reflected in recent activity. More value will be inserted into the technology as the technology increases its worth. In the world of crypto currency, doing anything remotely close to what's being achieved with Solarcoin is nothing short of a miracle. What's to stop claimants from buying more coins now while the value is lower and increasing their own potential profits and insuring more solar panels will be installed? Nothing, in fact several claimants have done just that and will continue to do so increasing both the circulation of the coin and it's value. |
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Nice. Just wanted to let you know I am going to have the hangout this friday still for your community. It will be at 11:15-11:30am EST. Our community is looking forward to it. Don't forget to download mumbe @ beyondbitcoin.org/mumbleinfo ! Awesome! I won't be able to attend, but I look forward to watching the podcast. |
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Not the best at reading these but the formation starting?  Hard to say since SLR is only on one exchange which make it easy to manipulate the charts. If it gets on another then it will have more meaning. It's on Bleutrade, but the volume is tiny. https://bleutrade.com/exchange/SLR/BTC |
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Not the best at reading these but the formation starting? I tend not to think that way about SLR. It's gaining value as more value is being added to the technology almost on a monthly basis. |
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Are you kidding Nick? Of course we're interested! I always read your posts like I'm watching PBS, always something new to learn. |
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It is just the laws that govern the SREC programs that are the issue. If you claim SREC it means you are not being subsidized in another way so you are stating that you meet the criteria for subsidy and file. So if there is a Record within SLR that is on the blockchain that states you accepted SLR as a subsidy then you could possibly invalidate the SREC. Laws tend to be created for a reason since it comes from the government. They tend to not look kindly on double dipping.
If there were a problem the most likely scenario would be a Devaluation of the SREC market, as they already do this currently, and you get less of a payout as other SREC markets can be diluted.
The controversy is whether SLR is a subsidy that would invalidate SREC or whether SREC cares either way. Since SLR is given away for free and is worth nothing unless you sell it for BitCoin first then there may be wiggle room there too, perception of trade is always there though since it is a Digital Stock based Currency. If it were a true currency there would be more stability. Free Claiming is the way that the Securities act is circumvented on behalf of SLR too. Since you have to go to BitCoin and then Fiat and makes it appear no Security Act Violation occurs.
I think you're over analyzing the situation. And this only affects a tiny percentage of potential claimants. Most of the claims will occur outside of the US because that's where most of the solar power is generated at least at the moment. The gritty details will eventually work themselves out. |
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Just for the hell of it I decided to post on /r/solar, there is an intersting question about whether Solarcoin would invalidate an SREC claim, Im in the Uk so have no idea, anyone have the definative answer?
I believe it does invalidate the SREC... And how does it make any difference if you "believe" in this or not? Do you KNOW for sure if it invalidates the SREC, or not? If you do - where is your knowledge coming from? Any written law quotes, etc.? Anyway, thank you for your opinion! Written laws are what the SREC is about, it is controlled by the Government not an Ice Cream Man. Some states don't participate and others allow neighbors into their market. So when I say it invalidates SREC don't get defensive my friend. Let it invalidate the SREC market and/or dilute it. That will make people claim SLR as an alternative, but this doesn't make the price go up for SLR either, sorry to reiterate that theme again. But, it gives a lot more exposure to SLR since people would have to be told why their SREC claim was diluted. It doesn't make SLR illegal it just makes those that want to use the SREC get less for their claim. If SLR didn't require a Claim and just gave it to dealers to hand out then the SREC wouldn't be affected. At that point it is just an affiliate program and nothing to do with Claiming for buying. But you can debate me on whether the SREC may care about SLR, I think they would since it is money they can withhold from the SREC market. And if all SREC claimers double dip then who really cares at that point it is just more incentive. So really it is up to the SREC to make a judgement. They may not even know about it... Yet... SREC's have no monetary assigned to them. I couldn't see this being a problem in most states. I certainly don't see problems in the EU where the cert program doesn't exist, or any other part of the world. If Germany claimed SLR, that would be a huge grant. Germany produces 50% of their needs with solar. |
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So my mind is doing it again, thinking and stuff. This is all speculation, but I can see Nick and the team working on pursuing some form of integrated smart contracts within the solarcoin chain using ethereum like technology, or ethereum itself as the smart carrier for a solarcoin smart grid. I could also see as an alternative, integrated software developed for inverters as was hinted earlier.
In any case this is probably the most interesting time to be involved in any of these projects. This is the technology of the future being developed today right before out eyes and we'll see a natural selection occur in collaboration between all of this software development. We're already witnessing the pains of the Bitcoin network, as it lumbers along. It's been mentioned before that Bitcoin is the linchpin of everything going on. I don't want to see it fail, but at the same time I don't want to see it turned into something that it wasn't designed to do when lightweight alternatives exist that can handle the extra traffic load and offset Bitcoins slow network response.
I'm done rambling.
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I can't see anything.... I assume someone was running a newer version I should have taken a screen shot. It was version 2.09. |
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