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Author Topic: [ANN][SLR] SolarCoin | PoW to PoS v. 2.0 | Solar Proof of Generation (§1 = 1MWh)  (Read 432325 times)
nickgogerty
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May 04, 2015, 12:16:55 AM
 #1301

We have started talks with Japanese Ripple coin market makers. They will possibly help the SolarCoin mission.

I'm glad to hear that SolarCoin is thinking about getting on Ripple. I think this would be a significant benefit to any altcoin, because it enables people to buy the coin directly for dollars, euros, and other fiat currencies. Most ordinary people in the world don't necessarily want to have to buy Bitcoins just to get another cryptocurrency they're interested in. In fact some of the progressive types of people who could be interested in a project like SolarCoin tend to have negative views of Bitcoin.

I would be happy to provide input on how you could get the SolarCoin blockchain bridged with Ripple so that Ripple users can buy and trade SLR for fiat, transfer SLR from their Ripple wallet to an external SolarCoin wallet and vice versa. It's a complex process of how it actually works, technologically speaking, and it takes a lot of study and networking with the right people to implement this.

My own new cryptocurrency project which just launched, Grantcoin, went through this learning curve and will be one of the first altcoins with a fully automated gateway/bridge into Ripple, coming in June. I would be happy to put the SolarCoin team in touch with people who could get the job done for you. But I should also note, it will cost a significant amount of money unless you could find somebody to do it for a SLR grant, which may be a challenge since this is serious development work, much harder than just implementing PoSV or something like that.

Let me know if interested to discuss Ripple bridging.

Freebird, that is great stuff.  Congratulations on launching grantcoin. The more innovative thinking around using economics for good, the better. I am sure Luke and team would be interested to learn your thoughts on Ripple integration. We will reach out.

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.
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freebird
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May 04, 2015, 02:58:58 AM
 #1302

We have started talks with Japanese Ripple coin market makers. They will possibly help the SolarCoin mission.

I'm glad to hear that SolarCoin is thinking about getting on Ripple. I think this would be a significant benefit to any altcoin, because it enables people to buy the coin directly for dollars, euros, and other fiat currencies. Most ordinary people in the world don't necessarily want to have to buy Bitcoins just to get another cryptocurrency they're interested in. In fact some of the progressive types of people who could be interested in a project like SolarCoin tend to have negative views of Bitcoin.

I would be happy to provide input on how you could get the SolarCoin blockchain bridged with Ripple so that Ripple users can buy and trade SLR for fiat, transfer SLR from their Ripple wallet to an external SolarCoin wallet and vice versa. It's a complex process of how it actually works, technologically speaking, and it takes a lot of study and networking with the right people to implement this.

My own new cryptocurrency project which just launched, Grantcoin, went through this learning curve and will be one of the first altcoins with a fully automated gateway/bridge into Ripple, coming in June. I would be happy to put the SolarCoin team in touch with people who could get the job done for you. But I should also note, it will cost a significant amount of money unless you could find somebody to do it for a SLR grant, which may be a challenge since this is serious development work, much harder than just implementing PoSV or something like that.

Let me know if interested to discuss Ripple bridging.

Freebird, that is great stuff.  Congratulations on launching grantcoin. The more innovative thinking around using economics for good, the better. I am sure Luke and team would be interested to learn your thoughts on Ripple integration. We will reach out.

Thanks Nick, sounds good.

Grantcoin: Currency with a Conscience. Distributed as charitable grants by a 501(c)(3) tax-exempt nonprofit organization. Learn more at Grantcoin.org
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May 05, 2015, 01:20:55 PM
 #1303

I sure do miss the monthly board meetings Sad   hopefully after POS they will continue.  Smiley

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May 06, 2015, 10:14:08 AM
 #1304

Hello everyone,

I have been following Solarcoin for a long time and hold a large number of coins. I have been impressed with how the coin started and the vision for it. Recently we have lost a lot of momentum due to the slow switch to POS. I am not a technical person but have seen other coins make this change much faster. I was wondering if we could set up a fund and pay a developer to get the job done quickly. I am more than happy to help fund this. A lot of momentum is being lost. Also a while ago there was a request for a poster to be completed. This was never done. Would people be more interested in making one if there was a reward for it? Potentially have a contest and the best poster wins 5,000 solar?
To increase awareness we could have advertising on the LTB network when the switch to POS is made. Timing the switch with some advertising could build awareness and hep us break into the top 30 coins. Time wasted now could have a big impact on this great project.

Regards

Nick
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May 06, 2015, 01:35:14 PM
 #1305

Hello everyone,

I have been following Solarcoin for a long time and hold a large number of coins. I have been impressed with how the coin started and the vision for it. Recently we have lost a lot of momentum due to the slow switch to POS. I am not a technical person but have seen other coins make this change much faster. I was wondering if we could set up a fund and pay a developer to get the job done quickly. I am more than happy to help fund this. A lot of momentum is being lost. Also a while ago there was a request for a poster to be completed. This was never done. Would people be more interested in making one if there was a reward for it? Potentially have a contest and the best poster wins 5,000 solar?
To increase awareness we could have advertising on the LTB network when the switch to POS is made. Timing the switch with some advertising could build awareness and hep us break into the top 30 coins. Time wasted now could have a big impact on this great project.

Regards

Nick

+1 to this idea.. I am also willing to chip in for a developer so long as we have failsafes to make sure the money isn't given for improper reasons or stolen in some way.

Surely we could set a fundraiser goal or a finish-date goal that correlates with a number of BTC/fiat/ect so we can speed up the POSv and claims/wallet GUI development to keep things flowing in a world that demands progress 24/7.

Good call Nick!
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May 07, 2015, 12:37:11 PM
 #1306

Price is looking healthy.  Smiley

nickgogerty
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May 07, 2015, 03:30:37 PM
 #1307

Linking of Powerwall/inverter > affiliate website > Solarcoin blockchain is a really exciting idea. I hope Tesla's Powerwall provides an open API.

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.
corather
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May 07, 2015, 08:28:51 PM
 #1308

If people want to develop the PoS software they can bid for it. That's the only fair way of getting the job done.

Lowest bid wins.

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May 08, 2015, 02:36:02 AM
 #1309

If people want to develop the PoS software they can bid for it. That's the only fair way of getting the job done.

Lowest bid wins.

Update: the developer of POSv has received half the payment for the dev Job. Payment was made in BTC as requested. NO SLR was spent. It came from foundation members pockets.

We are awaiting delivery ETA etc. Upon delivery of testable code we will pass info on via this forum, facebook and on site ASAP.  We have funds in place to complete full payment upon tested compiled wallets. Hoping things move along. The development team behind the cannacoin project is the team working on this.

There is a separate team associated with an affiliate website project which is working on a web-based and mobile wallet which will mean no block-chain requirements.  They will be using the POSV source code to run instances of a service which will then have a secure light weight html front end. Other developments and outreach with the solar community are under way as well.

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.
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May 08, 2015, 03:14:39 AM
 #1310

Very impresed looks like alot of work going on behind the scenes.Thanks Nick for the updates.

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May 08, 2015, 01:14:21 PM
 #1311

Price up again gonna be a fun ride.

y_virtual
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May 08, 2015, 03:04:09 PM
 #1312

Some food for thought...
"... the best way to predict the future is to invent it." Alan C. Kay
http://www.ecotopia.com/webpress/futures.htm
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May 09, 2015, 03:23:11 AM
 #1313

Up 25% today alone.  Got Solar?     Grin

nyo_x
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May 09, 2015, 02:13:10 PM
 #1314

slr back on track Smiley
3btc to 18k...nice
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May 11, 2015, 08:02:19 PM
 #1315

After thinking about it, POSv wallet rewards should give out as little coin as possible since coins added to the market which are not 1MWH=1SLR claimed will de-value prices ... they represent value added in online wallet users and NOT power generated.

Even 200k/yr coins would be a LOT considering how much power that is and how few claimants are involved at this point.

Does anyone else agree that adding non-claimed coins to the network usually doesn’t add that much benefit and brings price devaluation at the same time?  Huh
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May 11, 2015, 09:25:00 PM
 #1316

After thinking about it, POSv wallet rewards should give out as little coin as possible since coins added to the market which are not 1MWH=1SLR claimed will de-value prices ... they represent value added in online wallet users and NOT power generated.

Even 200k/yr coins would be a LOT considering how much power that is and how few claimants are involved at this point.

Does anyone else agree that adding non-claimed coins to the network usually doesn’t add that much benefit and brings price devaluation at the same time?  Huh

Matt, online wallets open for staking will be the ones securing the blockchain - that's where value comes from. Here are some good reads on various implementations:
http://forum.netcoinfoundation.org/thread/721/posv-rewards-blockchain-guardians-netcoin
http://en.wikipedia.org/wiki/Proof-of-stake
corather
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May 12, 2015, 02:44:58 AM
 #1317

After thinking about it, POSv wallet rewards should give out as little coin as possible since coins added to the market which are not 1MWH=1SLR claimed will de-value prices ... they represent value added in online wallet users and NOT power generated.

Even 200k/yr coins would be a LOT considering how much power that is and how few claimants are involved at this point.

Does anyone else agree that adding non-claimed coins to the network usually doesn’t add that much benefit and brings price devaluation at the same time?  Huh

That depends on where the coins go that come from staking. As staking becomes a reality, I will begin to toss some staking interest into one of the reserve addresses effectively locking the coins up for several years.

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May 12, 2015, 06:53:40 AM
 #1318

Agreed to the above-mentioned by Corather. Wallets, with say more than x thousand SLR should be kept in cold storage ; much as a lockup period would lock shareholders in a company from selling off (too soon) their stock. This will help keep a healthy price for SLR and claimants.
CryptoNick
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May 12, 2015, 07:03:00 AM
 #1319

Agreed to the above-mentioned by Corather. Wallets, with say more than x thousand SLR should be kept in cold storage ; much as a lockup period would lock shareholders in a company from selling off (too soon) their stock. This will help keep a healthy price for SLR and claimants.

Yeah but this is not a stock and you can't control it. This is just another way to make the POW coin profitable while hardly anyone claims their SLR. But this shouldn't really matter if the coin is strong and has buy support. You take the PoS and dip the percentile that it generates and you have your adjusted coin price. So now you may have a double whammy though since most claimers will sell off while PoS sells off and plummets since no one really needs to buy so they can chase the sells downward. And why would you care if claimants get a good sell price???

It is a daunting task ahead for sure...
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May 13, 2015, 08:48:01 PM
 #1320

Made a presentation this evening to the BTC Community here in BCN this evening, was interesting to hear that they consider "immediately" SLR as a miles/shopping points. Idea of SLR is out there now.

I will make the presentation available on the SLR FB Forum.
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