[ANN][SLR] SolarCoin - PoW reward for solar energy | the GREEN KING of Crypto

[freebird]

Any idea when we will have the fork details set in stone?

I have no idea. I'm not privy to those discussions. I do get some related e-mails but I don't know any significant details that Eric hasn't already shared. I had lunch with Eric this past weekend and got to meet him. We had a fantastic brunch, yapped and chatted for 3 hours. Anyway, he is in communication with the developer we're using and is on top of the situation. Eric is very good at disseminating the details to us, so once things get nailed down, I expect we'll hear from him. I know who the developer is but I don't know if a firm timeline has been figured out yet other than "a few weeks" and that could mean anything I suppose.

As Joely said, we have a developer ready to do the work, and the only thing yet to be decided is which existing PoS coin to use for our new codebase. Unless we run into some unexpected problems, we're planning to combine the block reward reduction and the transition to PoS into one fork.

As Joely also mentioned, we had a great time meeting for brunch and conversation in Calais, Maine, right across the border from Canada. I actually live in the D.C. area but am up in Maine on vacation. I paid for the meal in $USD and Joely reimbursed me for her half in §SLR. I think I got the better half of that deal! 

Eric

[vipgelsi]

Here is a list of PoS coins freebird
https://bitcointalk.org/index.php?topic=458726.180

[freebird]

Here is a list of PoS coins freebird
https://bitcointalk.org/index.php?topic=458726.180

Thanks. We may use Peercoin but there would need to be some modifications such as keeping tx comments and 1 minute block times which are nice features SLR has which PPC doesn't.

I have also asked the dev for his opinion on Blackcoin's codebase, so that's one we're considering.

[vipgelsi]

Here is a list of PoS coins freebird
https://bitcointalk.org/index.php?topic=458726.180

Thanks. We may use Peercoin but there would need to be some modifications such as keeping tx comments and 1 minute block times which are nice features SLR has which PPC doesn't.

I have also asked the dev for his opinion on Blackcoin's codebase, so that's one we're considering.

Great stuff!

[freebird]

Bittrex still has that notice on the SLR trading page that says it "may be removed on Aug 1st unless the average trade volume for the last 7 days exceeds 0.1 BTC." lol. We've been doing several times that volume on Bittrex for a couple weeks now, and nothing happened on August 1. Did they invent a time machine?

[sylph93]

How about building a multi pool like Blackcoin's after PoS transition?

It will help both miners and stake holder.

The miners mine most profitable coin and exchange it for SLR. It will place continuous buy order and support price level.

It also utilize current scrypt ASIC machine which is owned by current solar miner.

[corather]

How about building a multi pool like Blackcoin's after PoS transition?

It will help both miners and stake holder.

The miners mine most profitable coin and exchange it for SLR. It will place continuous buy order and support price level.

It also utilize current scrypt ASIC machine which is owned by current solar miner.

It defeats the purpose of SLR. The way people should get it is through feed in grants. But you know people, someone will probably go right ahead and build a multipool anyway.

[sylph93]

How about building a multi pool like Blackcoin's after PoS transition?

It will help both miners and stake holder.

The miners mine most profitable coin and exchange it for SLR. It will place continuous buy order and support price level.

It also utilize current scrypt ASIC machine which is owned by current solar miner.

It defeats the purpose of SLR. The way people should get it is through feed in grants. But you know people, someone will probably go right ahead and build a multipool anyway.

I agree to your point. I love the way SLR granted to generators. That's why I've stick to this coin since January.
However, to promote adoption of Solarcoin in both Photovoltaic industry and Crypto World, maintaining certain price level is crucial. It might be around 1$. I think.

When it comes to PoS, there won't be huge dump like in PoW. But minted interests have a tendency to become sell orders.
I've noticed that a lot of PoS coins shrinking with lack of buy support.
We'd better building dedicated multi pool before PoS transition.
I think that is not option for pure PoS coin. Must have.

[corather]

Network Info
Difficulty    47.90433387
Est Next Difficulty    46.25334636 (Change in 1152 Blocks)
Est. Avg. Time per Block    1 minute 2 seconds
Current Block    268128

[Epiphany]

I paid for the meal in $USD and Joely reimbursed me for her half in §SLR. I think I got the better half of that deal! 

Eric

You most certainly did!  We used 350 sats as the exchange rate, so I sent Eric §7000. He doubled his money in just a few days.  But it was worth every photon to me based on the "value" I assigned to meeting someone like Eric who is of like mind when it comes to our vision for SolarCoin and its future.

[Epiphany]

It's like Nick said to me once, there is much more value for everyone involved by growing the pie than by just trying to get a larger piece of it. He's a smart cookie that Nick Gogerty. 

[Epiphany]

Bittrex still has that notice on the SLR trading page that says it "may be removed on Aug 1st unless the average trade volume for the last 7 days exceeds 0.1 BTC." lol. We've been doing several times that volume on Bittrex for a couple weeks now, and nothing happened on August 1. Did they invent a time machine?

I tweeted them, it was probably a little passive aggressive on my part  but I did it anyway. LOL

[passionsurf]

How about building a multi pool like Blackcoin's after PoS transition?

It will help both miners and stake holder.

The miners mine most profitable coin and exchange it for SLR. It will place continuous buy order and support price level.

It also utilize current scrypt ASIC machine which is owned by current solar miner.

It defeats the purpose of SLR. The way people should get it is through feed in grants. But you know people, someone will probably go right ahead and build a multipool anyway.

I agree to your point. I love the way SLR granted to generators. That's why I've stick to this coin since January.
However, to promote adoption of Solarcoin in both Photovoltaic industry and Crypto World, maintaining certain price level is crucial. It might be around 1$. I think.

When it comes to PoS, there won't be huge dump like in PoW. But minted interests have a tendency to become sell orders.
I've noticed that a lot of PoS coins shrinking with lack of buy support.
We'd better building dedicated multi pool before PoS transition.
I think that is not option for pure PoS coin. Must have.

You make a good point sylph93. A pool similar to wafflepool, but with SLR as a base coin is a great idea. I would mine such a pool.
Acquisition of SLR through grants alone would kill the coin before it ever gained popularity. SLR needs to stay on exchanges.

[freebird]

How about building a multi pool like Blackcoin's after PoS transition?

It will help both miners and stake holder.

The miners mine most profitable coin and exchange it for SLR. It will place continuous buy order and support price level.

It also utilize current scrypt ASIC machine which is owned by current solar miner.

It defeats the purpose of SLR. The way people should get it is through feed in grants. But you know people, someone will probably go right ahead and build a multipool anyway.

I agree to your point. I love the way SLR granted to generators. That's why I've stick to this coin since January.
However, to promote adoption of Solarcoin in both Photovoltaic industry and Crypto World, maintaining certain price level is crucial. It might be around 1$. I think.

When it comes to PoS, there won't be huge dump like in PoW. But minted interests have a tendency to become sell orders.
I've noticed that a lot of PoS coins shrinking with lack of buy support.
We'd better building dedicated multi pool before PoS transition.
I think that is not option for pure PoS coin. Must have.

You make a good point sylph93. A pool similar to wafflepool, but with SLR as a base coin is a great idea. I would mine such a pool.
Acquisition of SLR through grants alone would kill the coin before it ever gained popularity. SLR needs to stay on exchanges.

I don't know enough about multipools to have an informed opinion of what the pros/cons would be for SolarCoin. But if somebody wants to research it and think about it and write something up for the team to consider, please do so. It's not urgent but it might be an idea to consider for down the road.

[Epiphany]

So you're saying it's like wafflepool except that the payout to the miners is in SolarCoin instead of bitcoin? If that's what we're talking about, that would be all kinds of awesome for transaction volume. But wouldn't it spike the price of SLR with such a small amount in distribution (~30 million)?

[LuckyKey]

So you're saying it's like wafflepool except that the payout to the miners is in SolarCoin instead of bitcoin? If that's what we're talking about, that would be all kinds of awesome for transaction volume. But wouldn't it spike the price of SLR with such a small amount in distribution (~30 million)?

This is a great idea! This could be setup now, and those with miners could start the ball rolling. You're correct, the concept is to mine other coins, and sell them, and convert the miner payouts to SLR.  In theory, it should increase the price of SLR, as a constant stream of buying would take place.

[freebird]

So you're saying it's like wafflepool except that the payout to the miners is in SolarCoin instead of bitcoin? If that's what we're talking about, that would be all kinds of awesome for transaction volume. But wouldn't it spike the price of SLR with such a small amount in distribution (~30 million)?

This is a great idea! This could be setup now, and those with miners could start the ball rolling. You're correct, the concept is to mine other coins, and sell them, and convert the miner payouts to SLR.  In theory, it should increase the price of SLR, as a constant stream of buying would take place.

If it's easy enough to set up and wouldn't require the team to spend money to get it done (i.e. SLR supporters are willing to set it up on their own as volunteers) then go for it.

[freebird]

So you're saying it's like wafflepool except that the payout to the miners is in SolarCoin instead of bitcoin? If that's what we're talking about, that would be all kinds of awesome for transaction volume. But wouldn't it spike the price of SLR with such a small amount in distribution (~30 million)?

If spiking the price brings more attention to the coin and more interest among generators, then it sounds good to me. 

I guess the only thing I'd be concerned about is whether the higher prices would be sustainable. We wouldn't want SLR to appear to be a pump-and-dump. Would a multipool generate a steady stream of buying pressure for the coin which, in theory, would eventually even out with selling pressure from minted coins that people staking their wallets might release onto the market, so that the price would stabilize at some level much higher than what we have now? If so, then it sounds great!

[vipgelsi]

How about building a multi pool like Blackcoin's after PoS transition?

It will help both miners and stake holder.

The miners mine most profitable coin and exchange it for SLR. It will place continuous buy order and support price level.

It also utilize current scrypt ASIC machine which is owned by current solar miner.

It defeats the purpose of SLR. The way people should get it is through feed in grants. But you know people, someone will probably go right ahead and build a multipool anyway.

I agree to your point. I love the way SLR granted to generators. That's why I've stick to this coin since January.
However, to promote adoption of Solarcoin in both Photovoltaic industry and Crypto World, maintaining certain price level is crucial. It might be around 1$. I think.

When it comes to PoS, there won't be huge dump like in PoW. But minted interests have a tendency to become sell orders.
I've noticed that a lot of PoS coins shrinking with lack of buy support.
We'd better building dedicated multi pool before PoS transition.
I think that is not option for pure PoS coin. Must have.

You make a good point sylph93. A pool similar to wafflepool, but with SLR as a base coin is a great idea. I would mine such a pool.
Acquisition of SLR through grants alone would kill the coin before it ever gained popularity. SLR needs to stay on exchanges.

I don't know enough about multipools to have an informed opinion of what the pros/cons would be for SolarCoin. But if somebody wants to research it and think about it and write something up for the team to consider, please do so. It's not urgent but it might be an idea to consider for down the road.

I used middle coin and wafflepool since last year very good pools/ideas another reason why bitcoin has staid higher $ and most alts have crashed since alts where mined and sold for bitcoin.  But really this is not needed as all you have to do is use middlecoin/wafflepool and just buy solarcoins with the bitcoin profits like i do.

I also use pbmining/btc-arbs and buy Solarcoins with my bitcoin profits every Day/Sunday see my signature bellow.

[passionsurf]

How about building a multi pool like Blackcoin's after PoS transition?

It will help both miners and stake holder.

The miners mine most profitable coin and exchange it for SLR. It will place continuous buy order and support price level.

It also utilize current scrypt ASIC machine which is owned by current solar miner.

It defeats the purpose of SLR. The way people should get it is through feed in grants. But you know people, someone will probably go right ahead and build a multipool anyway.

I agree to your point. I love the way SLR granted to generators. That's why I've stick to this coin since January.
However, to promote adoption of Solarcoin in both Photovoltaic industry and Crypto World, maintaining certain price level is crucial. It might be around 1$. I think.

When it comes to PoS, there won't be huge dump like in PoW. But minted interests have a tendency to become sell orders.
I've noticed that a lot of PoS coins shrinking with lack of buy support.
We'd better building dedicated multi pool before PoS transition.
I think that is not option for pure PoS coin. Must have.

You make a good point sylph93. A pool similar to wafflepool, but with SLR as a base coin is a great idea. I would mine such a pool.
Acquisition of SLR through grants alone would kill the coin before it ever gained popularity. SLR needs to stay on exchanges.

I don't know enough about multipools to have an informed opinion of what the pros/cons would be for SolarCoin. But if somebody wants to research it and think about it and write something up for the team to consider, please do so. It's not urgent but it might be an idea to consider for down the road.

I used middle coin and wafflepool since last year very good pools/ideas another reason why bitcoin has staid higher $ and most alts have crashed since alts where mined and sold for bitcoin.  But really this is not needed as all you have to do is use middlecoin/wafflepool and just buy solarcoins with the bitcoin profits like i do.

I also use pbmining/btc-arbs and buy Solarcoins with my bitcoin profits every Day/Sunday see my signature bellow.

I guess that would make the most sense, since any multipool that used slr as its base, would have to first convert the coins to btc, then to slr.