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Author Topic: [ANN][SLR] SolarCoin - PoW reward for solar energy | the GREEN KING of Crypto  (Read 137477 times)
ddirt
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January 23, 2014, 07:01:52 PM
 #1


The only digital currency to date with a secondary proof of work mechanism that incentivizes clean renewable solar energy!


SolarCoin is an alternative digital currency with a built-in mechanism to incentivize the generation of global solar electricity. By simply mining and/or exchanging SolarCoin just as you would any other digital currency, you are contributing to the development of clean renewable solar energy! Solar energy, unlike fossil fuels, does not place excess heat or carbon into the atmosphere. The creation of new renewable energy resources by SolarCoin results in a nearly carbon neutral mining footprint.

SolarCoin is a Scrypt based alternative digital currency decendant of LiteCoin. It uses the traditional hashcash proof of work method to reward a community of miners who support the SolarCoin network. But SolarCoin's true innovation comes from its secondary proof of work reward: the Solar Proof of Work. Green solar energy producers are entitled to receive one SLR for every MWh electricity they generate. In order to claim a Solar Proof of Work reward, solar plant owners must submit 3rd party verified energy generation certificates such as a Solar Renewable Energy Certificate (SREC) or equivalent country specific documentation. All Solar Proof Of Work rewards will be stored as transactions in the blockchain.

SolarCoin is managed as an open community project by Volunteers working together as the Open Currency Association (OCA). The OCA is responsibile for all distribution of SLR rewards for the Solar Proof of Work and other grants. Not a single SolarCoin will be released from the Genesis or Generator pools until the charter and organization is in place and agreed to by the community. As a fully transparent organization the OCA will publicly document all of the SolarCoins transactions in their entirety via a public ledger and the SolarCoin blockchain.

The supply of SLR is fully documented and comprised of the following:

  • The Mining Pool: 105 Million SolarCoins (0.1%) to be publicly mined over the next 40 years. All publicly mined SolarCoins represent historically generated and unclaimed solar electricity.
  • The Generator Pool: 97.5 Billion SolarCoins (99.4%) are currently stored in the OCA non-circulating generation pool account. These will be exchanged for “proof of work” claims of solar electricity generation submitted over the next 40 years at the rate of 1 SLR per MWh of solar energy.
  • The Genesis Pool: 500 Million SolarCoins (0.5%) are stored in the genesis pool account for environmental charities, early volunteers, advisers, builders and maintainers of SolarCoin infrastructure. Genesis pool circulation is capped so that it will never represent more than 5% of total SolarCoin in circulation.

The OCA is currently organizing its initial charter and members; anyone can join and participate.



SPECIFICATIONS

  • Scrypt Algorythm
  • 98.1 billion total coins
  • 100 coins per block, halving every 525,600 blocks (once a year)
  • 1 Minute Block Targets
  • 1440 Block Difficulty Adjustments
  • 140 Character Transaction Messaging
  • RPC PORT = 18188
  • P2P PORT = 18181


DOWNLOADS






BLOCK EXPLORER

    solarcoin.zapto.org


POOLS

    www.rosemining.com
    solar.prominer.org
    slr.luckyminers.com
    www.cryptopoolmining.com
    solarcoin.miningpoolhub.com

 
EXCHANGES
 
    www.allcrypt.com
    www.bittrex.com

 
SOCIAL
 
    Twitter
    Facebook




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SlidingHorn
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January 23, 2014, 07:02:53 PM
 #2

Dude...get rid of the HTML in your post...it looks like shit.

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January 23, 2014, 07:14:44 PM
 #3

where did 24k blocks go?

BTC: 1AqwCAprjKRniThdxvCDx1TMPUYsqd8ig7
EAC: eYqPmqv3AiB12Z5b2MMpNm1vXtVPnp5PPX
e-token: e4ViTyRpJF9whLiKtLaAranijfeoTrww4u
Michael Becker
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January 23, 2014, 07:20:19 PM
 #4

You know, you didn't need to premine your coin (25000 blocks of it) since you have 99.9% of it in your hands anyway.

The only eco friendly coins are those with no PoW.

Nice pump and dump attempt.


Go away Smiley
jt7382
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January 23, 2014, 07:20:52 PM
 #5

This is definitely interesting, but the incentive to give my hash just seems really low to me. I guess it's more of a "I believe in the cause" type deal, which is fine.
ddirt
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January 23, 2014, 07:23:24 PM
 #6

This coin is already launched and mineable; was a heck of a soft launch. The creators have not been pushing for publicity yet so it's not too late... very low diff at the time of writing.

FYI - I am not a creator of the coin, just an advocate and supporter who is posting on their behalf and with their consent. I have 10 years in the solar industry and am very excited about SolarCoin!

I encourage everyone to do their own research, there is a lot of information from the creators available on their website. The wiki on the solarcoin.org site is down at the moment but when it is back online it is a treasure trove of useful information.
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January 23, 2014, 07:24:50 PM
 #7

POW coins are nowhere green. POW/POS hybrid is the minimum  Smiley
SlidingHorn
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January 23, 2014, 07:25:05 PM
 #8

You know, you didn't need to premine your coin (25000 blocks of it) since you have 99.9% of it in your hands anyway.

The only eco friendly coins are those with no PoW.

Nice pump and dump attempt.


Go away Smiley

Quoted for truth.  

Couldn't have said it better.

nunya_coin
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January 23, 2014, 07:25:32 PM
 #9

no solarcoin-qt.pro in the source download = can't compile
ddirt
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January 23, 2014, 07:34:19 PM
 #10

You know, you didn't need to premine your coin (25000 blocks of it) since you have 99.9% of it in your hands anyway.

The only eco friendly coins are those with no PoW.

Nice pump and dump attempt.


Go away Smiley

Quoted for truth.  

Couldn't have said it better.

Guys even 5 minutes of research before jumping to conclusions you would have seen that the coin is already launched and been mined by those that are able and willing to even occassionaly look outside of bitcointalk forums for their information. There is a thread over at cryptocointalk.com, check it out.
vovan115
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January 23, 2014, 07:37:57 PM
 #11

8R4VpDwEtuMwKwc1vRmbsepeijrpZuesaV


 Thanks you

[color=red[ANN]Bwincoin(BWC) 丨1,000,000 Max Coins丨100% pure PoS丨Free IPO丨[/color][/b].B6tJDwd7p6QMNtJUENKvgd8XgehgASQQyC
Let's flower the moon: ScCWUoqPNyBquYemXUvAkivBd7QFopaUgY
BTCtalkcoin [BCC] :CQmNzZKUBM8MdJiC71ZM338qKnwKvvPqLx
TheSmurfsCoin [SMURFS] :Tu3vPjMbC96SMJAmjgJzQ58fWTk56kHB2B
Let's Color the MOON: Y8uDVFVpMKtHw7z9H9MqW1RQ6FzvxE5oGY
nickgogerty
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January 23, 2014, 08:17:35 PM
 #12

I helped develop the carbon modeling for the coin and serve as a volunteer spokesman for the OCA.  The carbon footprint and design of the coin was done using a marginal utility model. 

If there are questions please feel free to ask or post questions in the volunteer section on the site.

The premine is in publicly listed addresses and is designed to last for 40 years.  The pre-mine is awarded based on proven solar energy generation.  www.solarcoin.org

Solarcoin (§ SLR) are like airmiles. Each 1 Mhw generated gets you §1 free. Solarcoins can purchase what others will trade: USD,BTC, Soy candles..etc.
Burninj
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January 23, 2014, 08:23:50 PM
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Send us some free solar panel for our rigs and I'll point them to your coin rofl
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January 23, 2014, 08:28:11 PM
 #14

won't download another Windows installer wallet after yesterdays blackcoin issue...
zip pls...
nickgogerty
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January 23, 2014, 10:18:06 PM
 #15

POW coins are nowhere green. POW/POS hybrid is the minimum  Smiley

For what it is worth= there is a marginal utility model of the carbon cost of mining at http://solarcoin.org/faq-frequently-asked-questions/  we encourage people to review and build on or critique the model.  the model is available as an excel file with assumptions etc. stated. 

In addition: the pre-mine which is visible in the block chain, will be awarded to Solar Energy generators over the next 40 years.  The goal is to award 97,500 TWh of global Solar energy generation.  The OCA (open currency association) which is managing the generators pool of coins will not issue a single SLR until the charter is in place. Work is already under way to research US SREC (solar renewable energy certificates) and Germany's feed in tariff regime with other countries to follow based on volunteer resources.  Here is some information on SREC trading http://www.srectrade.com/

Disclaimer: The OCA does not endorse or recommend any SLR or SREC trading service.  The OCA's mandate is to maximize global solar energy production over the next 40 years.

Solarcoin (§ SLR) are like airmiles. Each 1 Mhw generated gets you §1 free. Solarcoins can purchase what others will trade: USD,BTC, Soy candles..etc.
defaced
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January 23, 2014, 10:20:44 PM
 #16

might mine a few

Fortune Favors the Brave
Borderless CorpEXPANSETokenlabEXREXP.LIFEFranko Is Freedom
LoveMyEvo
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January 23, 2014, 10:21:17 PM
 #17

SLR has been out for a long time. I saw it on cryptocointalk.com
I should have made a thread for it when I the Dev didn't. Now no one is going to but or use it. Cry
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January 23, 2014, 10:23:11 PM
 #18

SLR has been out for a long time. I saw it on cryptocointalk.com
I should have made a thread for it when I the Dev didn't. Now no one is going to but or use it. Cry

oh

Fortune Favors the Brave
Borderless CorpEXPANSETokenlabEXREXP.LIFEFranko Is Freedom
ddirt
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January 23, 2014, 10:25:08 PM
 #19

SLR has been out for a long time. I saw it on cryptocointalk.com
I should have made a thread for it when I the Dev didn't. Now no one is going to but or use it. Cry

Coin launched quietly on Jan 12th, been under the radar since then. Still early!!
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January 23, 2014, 10:47:35 PM
 #20

I have 10 years in the solar industry and am very excited about SolarCoin!

Oh Cool, maybe you can answer some questions. I have read about advances in the solar energy field with the efficiency of solar cells. I know that the efficiency was relatively low in the past. Have any of the advances made their way to real world applications yet? I even remember reading about solar paint that can be applied to buildings and it was a solar collector unto itself. This stuff is likely in the very early stages of development. Do you know anything about that?

I know, off topic but its an area that interests me.

Good luck with the coin.
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