Wasn't SolidCoin a Proof-of-Stake chain, where a few trusted miners started out with 10,000,000 coins each to make sure the "benevolent stakeholders" were the only ones able to mine/sign transactions?
It was only in the mostt bastard form.
1) There was one stakeholder.
2) He gave himself 12M coins via a premine.
It isn't much of a "stake" if you get it for free. It isn't much of a decentralized currency if you rig the rules so that you and you only will be the only stakeholder into perpetuity.
Pretending solidcoin is a crypto-currency just devalues the term.