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Author Topic: [ANN][SLR] SolarCoin | PoW to PoS v. 2.0 | Solar Proof of Generation (§1 = 1MWh)  (Read 432337 times)
mazzaneo
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November 14, 2014, 02:19:43 PM
 #721

Guys I don't know if any other store has officially announced its support for SolarCoin. if not... then I am pleased to announce the first store to officially accept Solarcoin!

https://www.facebook.com/CandlelitDay/photos/a.274860312599701.66824.272802972805435/713096212109440/?type=1&theater

Please like the facebook page and show your support.

For any information regarding Candlelitday and international orders feel free to PM me,

Thanks



Candlelitday is a manufacturer of quality natural soy wax candles catering for 3 of the top 5 rated spas of the world.
Their candles can be found in exclusive spas including Four Seasons, Le Meridian and Aphrodite Hills Golf Resort.

Please feel free to like the facebook page https://www.facebook.com/CandlelitDay and drop any comments.

Thanks

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LuckyKey
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November 14, 2014, 03:55:02 PM
 #722

Guys I don't know if any other store has officially announced its support for SolarCoin. if not... then I am pleased to announce the first store to officially accept Solarcoin!

https://www.facebook.com/CandlelitDay/photos/a.274860312599701.66824.272802972805435/713096212109440/?type=1&theater

Please like the facebook page and show your support.

For any information regarding Candlelitday and international orders feel free to PM me,

Thanks




Nice  Wink

Here's to looking back on this historic day when there are thousands of places accepting solarcoin!

nickgogerty
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November 14, 2014, 04:43:23 PM
 #723

Guys I don't know if any other store has officially announced its support for SolarCoin. if not... then I am pleased to announce the first store to officially accept Solarcoin!

https://www.facebook.com/CandlelitDay/photos/a.274860312599701.66824.272802972805435/713096212109440/?type=1&theater

Please like the facebook page and show your support.

For any information regarding Candlelitday and international orders feel free to PM me,

Thanks



Candlelitday is a manufacturer of quality natural soy wax candles catering for 3 of the top 5 rated spas of the world.
Their candles can be found in exclusive spas including Four Seasons, Le Meridian and Aphrodite Hills Golf Resort.

Please feel free to like the facebook page https://www.facebook.com/CandlelitDay and drop any comments.

Thanks

Hey that is pretty exciting stuff. Smiley

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.
mazzaneo
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November 14, 2014, 08:33:26 PM
 #724

Guys I don't know if any other store has officially announced its support for SolarCoin. if not... then I am pleased to announce the first store to officially accept Solarcoin!

https://www.facebook.com/CandlelitDay/photos/a.274860312599701.66824.272802972805435/713096212109440/?type=1&theater

Please like the facebook page and show your support.

For any information regarding Candlelitday and international orders feel free to PM me,

Thanks




Nice  Wink

Here's to looking back on this historic day when there are thousands of places accepting solarcoin!


Who knows... Candlelitday could be a trivial pursuit answer one day Smiley

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Your Digital Network | 10MB Blocks
Algo: XEVAN | DK3 | Masternodes
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grandpa
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November 15, 2014, 03:30:40 PM
 #725

Good job. Liked the facebook page
Epiphany
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November 15, 2014, 04:46:20 PM
 #726

Have any of you tried Bleutrade yet? They have a nifty feature with the Bleutrade Shares if you own any. Every four hours it drips you coins from all the ones that trade there, like an automatic faucet. And you can set up an autotrade feature for any you don't want to keep. It's pretty cool! Here's my affiliate link if you want to check it out.  I sent them some SLR for the faucet and put a few on the offer so people could get in but I like the exchange. Chatbox is awesome too so far. I like it!

https://bleutrade.com/home/8406

Bitcoin:     17tzgWkXMBazch4koAhokMTcCtbc4TaYkE
Ether:        0xfe700f4aeec47e52eafad00f81977bb89738e0ae
​SolarCoin: 8MDk963sEh7RCMo3y3st7hTzMs7FzSdWSx
Dogecoin: DEgdH6CFTLSEeVVPqfE18ySCQqDWmLxp33
chrislen
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November 15, 2014, 05:14:30 PM
 #727

like this coin! when will the full mac wallet be released?
tokyopotato
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November 15, 2014, 08:36:29 PM
 #728

Good news we have the test-net up and running already.  More info to come

Sweet!  Let us know how the network is behaving during the testing   Smiley

More good news, we have the test-net staking now!

We're going to run some more simulations and we'll be in touch Cheesy
Solaris33
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November 15, 2014, 09:38:42 PM
 #729


Background
Overview of Smart Contracts as described by Nick Szabo (http://szabo.best.vwh.net/smart_contracts_2.html).
The four basic objectives of contract design could help us frame an approach to secure the generator pool:
 - The first of these is observability, the ability of the principals to observe each others' performance of the contract, or to prove their performance to other principals.
 - A second objective verifiability, the ability of a principal to prove to an arbitrator that a contract has been performed or breached, or the ability of the arbitrator to find this out by other means.
 - A third objective of contract design is privity, the principle that knowledge and control over the contents and performance of a contract should be distributed among parties only as much as is necessary for the performance of that contract.
  - A fourth objective is enforceability, and at the same time minimizing the need for enforcement. Improved verifiability often also helps meet this fourth objective. Reputation, built-in incentives, "self-enforcing" protocols, and verifiability can all play a strong part in meeting the fourth objective.
 
 - The threat of physical force is an obvious way to embed a contract in the world -- have a judicial system decide what physical steps are to be taken out by an enforcement agency (including arrest, confiscation of property, etc.) in response to a breach of contract. This  is called a reactive form of security.
- A proactive form of security is a physical mechanism that makes breach expensive, such as a combination lock that makes access to a room containing trade secrets expensive without explicit authorization.
 - A canonical real-life example, which we might consider to be the primitive ancestor of smart contracts, is the humble vending machine. Within a limited amount of potential loss (the amount in the till should be less than the cost of breaching the mechanism), the machine takes in coins, and via a simple mechanism, which makes a beginner's level problem in design with finite automata, dispense change and product fairly.
 
Generator Pool Security Problem Overview
 - A small number of cold storage generator pool wallets exist that have a large amount of SLR. They need to remain secure for many years (40+) and will be the supply of SLR for generator facility grants.
 - A small number of granting wallets were created to receive SLR from the generator pool wallets.
 - SLR needs be released from the generator pool wallet to the granting wallet in a small fixed increment (i.e. 100K SLR) to reduce the "at risk" SLR footprint.


In alignment with the objectives of observability, verifiability, privity and enforceability, below is an approach (open for discussion) inspired by double escrow smart contracts to secure the SLR generator pool from a needs and constraints basis.

Proactive Security Process
 - When the amount of the granting wallet drops below a trigger (let's say 10K SLR), 100K SLR from the  generator pool wallet is automatically staged as escrow in a smart contract.
 - Another 100K SLR must be put up as collateral in the smart contract from a wallet that is not from the generator pool.
 - Once the transfer of 100K SLR has been confirmed on the blockchain from the generator pool wallet to the granting wallet, then the 100K SLR of collateral is released back to the wallet it came from.
 - If the 100K SLR does not get confirmed on the blockchain by some defined criteria, the collateral is forfeited back to the generator pool wallet, keeping it whole again.

Commentary
We can add elements of multi signatures to wallets for added security, but there must be 100% "skin in the game" as collateral to guarantee that SLR is released from the generator pool according to protocol with the insurance that it will always kept whole during the process.  The 100% collateral posting in a smart contract with confirmation from the blockchain removes human intervention as the main deciding factor in the transfer process.  The vending machine analogy inspired the proposition that an equal amount of collateral (i.e. 100K SLR) must be posted in a smart contract to release coins from the generator pool wallet to the granting wallet. This proactive form of security makes breach expensive and is much easier to implement than reactive security.

Feedback
The SolarCoin Foundation would like to consider community feedback on innovative ways of securing the generator pool wallets to explore possibilities from different perspectives. (i.e. POS wallets could provide the collateral to secure and release SLR from the generator to the granting wallets). We look forward to community input on this discussion.
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November 16, 2014, 12:45:07 PM
 #730

So I had a big chat with someone from BitHalo last night about the stuff Solaris33 just posted. It seems these guys are pretty knowledgable about the ins and outs of contracts so maybe they will post and offer some comments on the "how". It seems to me we have a good handle on the "what".  Wink

Bitcoin:     17tzgWkXMBazch4koAhokMTcCtbc4TaYkE
Ether:        0xfe700f4aeec47e52eafad00f81977bb89738e0ae
​SolarCoin: 8MDk963sEh7RCMo3y3st7hTzMs7FzSdWSx
Dogecoin: DEgdH6CFTLSEeVVPqfE18ySCQqDWmLxp33
Epiphany
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November 16, 2014, 12:47:57 PM
 #731

And speaking of the "what"... Holy price volatility last night!!!  Shocked All the good stuff happens while I'm sleeping. LOL

Bitcoin:     17tzgWkXMBazch4koAhokMTcCtbc4TaYkE
Ether:        0xfe700f4aeec47e52eafad00f81977bb89738e0ae
​SolarCoin: 8MDk963sEh7RCMo3y3st7hTzMs7FzSdWSx
Dogecoin: DEgdH6CFTLSEeVVPqfE18ySCQqDWmLxp33
vipgelsi
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November 16, 2014, 02:46:58 PM
 #732

Fly solarcoin fly.

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November 16, 2014, 02:50:47 PM
 #733

Quote
And speaking of the "what"... Holy price volatility last night!!!  Shocked All the good stuff happens while I'm sleeping. LOL

That was me this morning UK time, invested another 3.5 BTC got just under 200,000 so not bad...  Grin
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November 16, 2014, 03:30:27 PM
 #734

Quote
And speaking of the "what"... Holy price volatility last night!!!  Shocked All the good stuff happens while I'm sleeping. LOL

That was me this morning UK time, invested another 3.5 BTC got just under 200,000 so not bad...  Grin

That's fantastic!!! Hopefully you bought up all of Ghosts offers.  Wink

Bitcoin:     17tzgWkXMBazch4koAhokMTcCtbc4TaYkE
Ether:        0xfe700f4aeec47e52eafad00f81977bb89738e0ae
​SolarCoin: 8MDk963sEh7RCMo3y3st7hTzMs7FzSdWSx
Dogecoin: DEgdH6CFTLSEeVVPqfE18ySCQqDWmLxp33
Alao
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November 16, 2014, 03:41:05 PM
 #735

I have been trying to buffer the bid side and close the spread.

§: 8Q7zvaH955cCbqu2nCvpPcTvczGfe9psxE
§1 = 1MWh
Epiphany
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November 16, 2014, 03:48:50 PM
 #736

I have been trying to buffer the bid side and close the spread.

Nice! Cheesy How are you making out with the Cat thingy for trading? Is it easy? I know there are lots of bot trader options but I have yet to try any out.

Bitcoin:     17tzgWkXMBazch4koAhokMTcCtbc4TaYkE
Ether:        0xfe700f4aeec47e52eafad00f81977bb89738e0ae
​SolarCoin: 8MDk963sEh7RCMo3y3st7hTzMs7FzSdWSx
Dogecoin: DEgdH6CFTLSEeVVPqfE18ySCQqDWmLxp33
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November 16, 2014, 04:06:55 PM
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I have been trying to buffer the bid side and close the spread.

Good man keep up to good work does seem to have made a difference  Grin
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November 16, 2014, 04:40:50 PM
 #738

I just got word the whales are not selling.    Grin

Fly Solarcoin fly.


Epiphany
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November 16, 2014, 05:20:12 PM
 #739

I just got word the whales are not selling.    Grin

Fly Solarcoin fly.



There's a whale at 2300 for sure!!! I'd love to take all those coins from him... Cheesy

Bitcoin:     17tzgWkXMBazch4koAhokMTcCtbc4TaYkE
Ether:        0xfe700f4aeec47e52eafad00f81977bb89738e0ae
​SolarCoin: 8MDk963sEh7RCMo3y3st7hTzMs7FzSdWSx
Dogecoin: DEgdH6CFTLSEeVVPqfE18ySCQqDWmLxp33
Epiphany
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November 16, 2014, 05:26:20 PM
 #740

Peeps are buying over on Bleutrade too. SLR is fourth in trading volume there. I realize it is a small exchange but the activity is welcome. Smiley

Bitcoin:     17tzgWkXMBazch4koAhokMTcCtbc4TaYkE
Ether:        0xfe700f4aeec47e52eafad00f81977bb89738e0ae
​SolarCoin: 8MDk963sEh7RCMo3y3st7hTzMs7FzSdWSx
Dogecoin: DEgdH6CFTLSEeVVPqfE18ySCQqDWmLxp33
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