[ANN][SLR] SolarCoin | PoW to PoS v. 2.0 | Solar Proof of Generation (§1 = 1MWh)

[corather]

My total is showing more then it should be on 2.08

Rescan the wallet.

[daniobg]

My total is showing more then it should be on 2.08

I have the exact same problem - I think the stacking is bugged since the total amount appears to be the stacking one + the spendable one. I restarted the wallet, the stacking amount reduced but again its showing more so the rescan should fix it like Corather said. I will try it later...

[nickgogerty]

Dear SolarCoin Community, Solar Change is happy to announce it has been selected by NexusSquared in Zurich to attend its Accelerator Program (StartupBootCamp):

https://www.linkedin.com/pulse/international-cohort-blockchain-startups-set-join-pilot-grassinger?trk=hb_ntf_MEGAPHONE_ARTICLE_POST

Can you post some information about Solar Change?  How are you looking to use Solar Coin?

Global Solarchange is a SolarCoin affiliate which helps file claims for various countries.  Solcrypto work the same way in Asia out of its tokyo base.  Global Solarchange will launch a website in the coming weeks to make it easier for filing claims.  Global Solarchange is also reaching out to large developers in Europe and the US.

This should significantly increase the number of  solarcoin holders and grow the network.  The Global Solarchange team is based in Tel Aviv, Berlin and Barcelona.  They will announce with a new website soon.  When that site is up and running many claims requests on the Solarcoin.org site will be routed to them based on geography.

  The operating business model is as independant affiliates of the solarCoin foundation.  The referral program was first announced last year and the foundation looked around for country affiliate managers. Anyone can file a claim today at the solarcoin site and indicate a referral. The referring party gets the equivelant of 10% of the initial claim for sub 20KW going back to 2010 and 5% of the 1st year claim for over 20KW facilities.  This comes from the genesis pool.  Example a 1MW farm in operation since 2010 would likely have generated 7,800MW-§7,800 SLR. The referrer would get 5% of the first year or §65 SLR.  If you sign up solar city, sun edison's clients or sunpower.....well thats a lot of solarcoin up for grabs.

Global SolarChange has an exclusive for claims processing over multiple countries and is intending to white label its platform to sub-affiliates who can facilitate claims processing at the local (country/regional) levels.  This is being done in a longer term effort to distribute the claim verification and processing process.  Ideally it is totally decentralized and run by the community as the community grows.  Target is 500k-1m claimants in 5-7 years.  This years target is 50k. which would mean estimated network growth of 100x.  This can only be achieved by partnering with developers and monitoring companies who aggregate claims and end users communication.  Global SolarChange and Solcrypto are in talks with developers ranging from mom and pop to multi-billion dollar firms.  This all takes time, but should prove very interesting for the project over the coming years.

If you know someone who want's to run a country or territory exclusive let us know and we can discuss or forward you to the correct affiliate for a sub-affiliate program.  There is an SLA (service level agreement) that needs to be met to keep the exclusivity, this include transparency anti-fraud, legal and regulatary adherence in the respective geographies and KYC know your customer requirements.

The foundation is working to decentralize and automate anti-fraud, claims processing etc. as much to the edges of the network as possible and where and whenever possible and to put things into smart contracts and/or DAO's over time.

Nick

[Alao]

Dear SolarCoin Community, Solar Change is happy to announce it has been selected by NexusSquared in Zurich to attend its Accelerator Program (StartupBootCamp):

https://www.linkedin.com/pulse/international-cohort-blockchain-startups-set-join-pilot-grassinger?trk=hb_ntf_MEGAPHONE_ARTICLE_POST

Can you post some information about Solar Change?  How are you looking to use Solar Coin?

Global Solarchange is a SolarCoin affiliate which helps file claims for various countries.  Solcrypto work the same way in Asia out of its tokyo base.  Global Solarchange will launch a website in the coming weeks to make it easier for filing claims.  Global Solarchange is also reaching out to large developers in Europe and the US.

This should significantly increase the number of  solarcoin holders and grow the network.  The Global Solarchange team is based in Tel Aviv, Berlin and Barcelona.  They will announce with a new website soon.  When that site is up and running many claims requests on the Solarcoin.org site will be routed to them based on geography.

  The operating business model is as independant affiliates of the solarCoin foundation.  The referral program was first announced last year and the foundation looked around for country affiliate managers. Anyone can file a claim today at the solarcoin site and indicate a referral. The referring party gets the equivelant of 10% of the initial claim for sub 20KW going back to 2010 and 5% of the 1st year claim for over 20KW facilities.  This comes from the genesis pool.  Example a 1MW farm in operation since 2010 would likely have generated 7,800MW-§7,800 SLR. The referrer would get 5% of the first year or §65 SLR.  If you sign up solar city, sun edison's clients or sunpower.....well thats a lot of solarcoin up for grabs.

Global SolarChange has an exclusive for claims processing over multiple countries and is intending to white label its platform to sub-affiliates who can facilitate claims processing at the local (country/regional) levels.  This is being done in a longer term effort to distribute the claim verification and processing process.  Ideally it is totally decentralized and run by the community as the community grows.  Target is 500k-1m claimants in 5-7 years.  This years target is 50k. which would mean estimated network growth of 100x.  This can only be achieved by partnering with developers and monitoring companies who aggregate claims and end users communication.  Global SolarChange and Solcrypto are in talks with developers ranging from mom and pop to multi-billion dollar firms.  This all takes time, but should prove very interesting for the project over the coming years.

If you know someone who want's to run a country or territory exclusive let us know and we can discuss or forward you to the correct affiliate for a sub-affiliate program.  There is an SLA (service level agreement) that needs to be met to keep the exclusivity, this include transparency anti-fraud, legal and regulatary adherence in the respective geographies and KYC know your customer requirements.

The foundation is working to decentralize and automate anti-fraud, claims processing etc. as much to the edges of the network as possible and where and whenever possible and to put things into smart contracts and/or DAO's over time.

Nick

Thanks Nick exciting times ahead!!!

[lfloorwalker]

My total is showing more then it should be on 2.08

Rescan the wallet.

Agree here with Coather, I rescanned the wallet and it fixed.

[lfloorwalker]

Up and running... happy to be part of the community 

Nice to have you.

Welcome rgaiss! Thanks for coming in.

[lfloorwalker]

Hi all, just an amazing thing happened to us. We are now earning more interest on our SolarCoin's per year (in total $) than we are from our traditional bank accounts.
Quite amazing and glad to be a part of the project earning interest from the sun. I really do believe that SolarCoin is a significant step forward for humans on planet Earth.
Cheers, lfloorwalker.

[Alao]

Hi all, just an amazing thing happened to us. We are now earning more interest on our SolarCoin's per year (in total $) than we are from our traditional bank accounts.
Quite amazing and glad to be a part of the project earning interest from the sun. I really do believe that SolarCoin is a significant step forward for humans on planet Earth.
Cheers, lfloorwalker.

Imagine when the price hit a dollar

[solarcoiner]

Hi all, just an amazing thing happened to us. We are now earning more interest on our SolarCoin's per year (in total $) than we are from our traditional bank accounts.
Quite amazing and glad to be a part of the project earning interest from the sun. I really do believe that SolarCoin is a significant step forward for humans on planet Earth.
Cheers, lfloorwalker.

not hard to beat the tradtitional banking system. But good observation

[nickgogerty]

Why would a merchant accept Solarcoin? A partner recently asked why would a merchant accept solarcoin?  Thought I would share the answer for those interested. 

 The currency acceptance issue is an interesting one and a classic chicken and egg scenario.  Currency: a social protocol works most effectively when there are lots buyers and sellers willing to accept it. 
Right now solarcoin is where bitcoin was in 2012 two years after launch. A small network, but growing quickly.  Once a merchant perceives a personal benefit in signaling they accept Solarcoin they will. We have a small candle manufacturer accepting solarcoins and I even sold a few copies of my book for it. As the network grows, we anticipate uptake in SolarCoin but for now one needs a gateway service. see below. 

There are 2 main benefits for a merchant to accept solarcoin, pending market growth etc. to a more critical mass. 

1. Green goodwill as a marketing exercise. This is mostly a one off novelty effect for the merchant and has smaller appeal.

2. Cheap clearing fees.  Many retailers operate on 3-8% net income margins.  Visa, AMEX and Mastercard charge 1.5-3.5% for processing.  So the impact to free cash flow >real ROE for a merchant can be significant 10-30% improvement. It is the reason gas stations for example give a cash discount or discount for debit cards.

Bitcoin is a useful example here.  Bitcoin has roughly 3m users/acceptors.  As of early 2015 there were 100,000 bitcoin merchants, there are probably more now as there is price stability and better services globally. 

Gateway services:

1. SolarCoins can be converted into bitcoin and are traded 24/7.  https://www.coingecko.com/en/price_charts/solarcoin/usd

2. There are many bitcoin debit cards which effectively transfer  bitcoin into fiat during the debit card use. This works similar to what happens when a tourist spends money abroad with a credit or debit card. So effectively one can "spend" bitcoin anywhere they can use a debit card.  Most likely as solarcoin grows, similar automatic transaction services will spring up.  Expect it around 500k user network size.

Note that new SolarCoin wallets should include support for Android and IOS mobile wallets https://copay.io/  These will be udnerway post 2.11 release.

Hope this helps.

[nickgogerty]

calling all UX/UI experts global SolarChange http://www.solarchange.co/ would like some support on the UI/UX.

They are putting together an automated claiming engine on the back-end....but the UI, well it can be lifted a bit.

 Everything is up for grabs, flow UI, UX, logo...

If you know someone interested in helping out or who would like to help with a piece of it. get in touch with asafbenor@gmail.com

[Snake Pliskin]

Is it just me or do I get the feeling that someone is going to take another big dump (excuse the pun ), the volume seems very similar on the buys and sells recently.

I'm hoping is because we are getting more interest but my nose is quiet sensitive to fishy behavour.

Time will tell

 

[CryptoNick]

Why would a merchant accept Solarcoin? A partner recently asked why would a merchant accept solarcoin?  Thought I would share the answer for those interested. 

 The currency acceptance issue is an interesting one and a classic chicken and egg scenario.  Currency: a social protocol works most effectively when there are lots buyers and sellers willing to accept it. 
Right now solarcoin is where bitcoin was in 2012 two years after launch. A small network, but growing quickly.  Once a merchant perceives a personal benefit in signaling they accept Solarcoin they will. We have a small candle manufacturer accepting solarcoins and I even sold a few copies of my book for it. As the network grows, we anticipate uptake in SolarCoin but for now one needs a gateway service. see below. 

There are 2 main benefits for a merchant to accept solarcoin, pending market growth etc. to a more critical mass. 

1. Green goodwill as a marketing exercise. This is mostly a one off novelty effect for the merchant and has smaller appeal.

2. Cheap clearing fees.  Many retailers operate on 3-8% net income margins.  Visa, AMEX and Mastercard charge 1.5-3.5% for processing.  So the impact to free cash flow >real ROE for a merchant can be significant 10-30% improvement. It is the reason gas stations for example give a cash discount or discount for debit cards.

Bitcoin is a useful example here.  Bitcoin has roughly 3m users/acceptors.  As of early 2015 there were 100,000 bitcoin merchants, there are probably more now as there is price stability and better services globally. 

Gateway services:

1. SolarCoins can be converted into bitcoin and are traded 24/7.  https://www.coingecko.com/en/price_charts/solarcoin/usd

2. There are many bitcoin debit cards which effectively transfer  bitcoin into fiat during the debit card use. This works similar to what happens when a tourist spends money abroad with a credit or debit card. So effectively one can "spend" bitcoin anywhere they can use a debit card.  Most likely as solarcoin grows, similar automatic transaction services will spring up.  Expect it around 500k user network size.

Note that new SolarCoin wallets should include support for Android and IOS mobile wallets https://copay.io/  These will be udnerway post 2.11 release.

Hope this helps.

These are reasons why Merchants WON'T accept SolarCoin. BitCoin is not Green and in order to get out of the market the merchants have to take risks with it in order to give the appearance of being Green with SolarCoin. These risks could gain them money but they can also get stuck at percentages well above the normal fees for Visa or be forced to wait. So Merchants must sell to BitCoin to get their costs of goods back. This means they also have to give their identity and banking information to an Exchange under KYC-AML just to achieve liquidity. They also risk that the exchange may hack itself and take the customers funds. Questionable security along with market maneuvering just to accept a coin that people would have to take their FIAT that they could already hand the merchant and yet they go buy BitCoin, to then go buy SolarCoin, and then give it to the Merchant who must go Sell to BitCoin and then Sell to FIAT. Not many Merchants would put themselves through the wringer just to use a coin, and if they were going to accept Crypto they could just accept BitCoin since they have to get back to that anyways.

If SolarCoin was used outside of BitCoin it could be green and be adopted, instead it is now SolarCoin supporting and sustaining BitCoin usage. Another upside would be that there are not many people using SolarCoin so Merchant exposure would be very small. This may be the only reason to accept it and normally a Merchant who would agree to use SolarCoin would already be accepting BitCoin and have the channel setup for usage. So the 100,000 BitCoin merchants should be targeted as merchants and let the SolarCoin POW sell off for these merchants products commence!

[Snake Pliskin]

Why not just dump and tell us after you do. Its not a prediction if you are the one selling.

Wooah Steady on tiger, your barking up the wrong tree, I have no interested in driving the price down, but I do watch the movement every day

My observation is just based on pure speculation and gut feeling and am really hoping that my observation is wrong as I want the price to rise, but there has been a lot of buys and sells around the same figure over the last day or so hence my prediction.

No need to start squabbling when we all share the same interest?!!!

[Alao]

Why not just dump and tell us after you do. Its not a prediction if you are the one selling.

Wooah Steady on tiger, your barking up the wrong tree, I have no interested in driving the price down, but I do watch the movement every day

My observation is just based on pure speculation and gut feeling and am really hoping that my observation is wrong as I want the price to rise, but there has been a lot of buys and sells around the same figure over the last day or so hence my prediction.

No need to start squabbling when we all share the same interest?!!!

From what I see all of the "Dumps" haven't hurt us really. That sell wall at .00007 was taken out and it hasn't been back for a couple of days now. I do notice that the bids are real thin until you get to the. 0001 range.  The thing to pay attention to is that we have been reaching having a steady bottom and it is getting higher and higher everyday. I think we have strong hands and a couple of market manipulators. They will get tried eventually especially we get on another exchange. Like it or now SLR is very centralized and a good environment for bots. That is what brings traders who help with liquidity.

[nickgogerty]

For those interested in growing the solarcoin market here is a tool to estimate the 25 year claim value that someone receives by signing up.

http://solarcoin.org/en/form-test/

If you refer someone with facility like a rooftop under 20KW you get 10% of the first claim.
If you refer an elephant like a 100MW farm you get 10% of the 1st years claim.  

Just get the person to put your email into the claims form on the solarcoin site.

here is a list of elephants.

https://docs.google.com/spreadsheets/d/1kRuW3iwINSnTAKix6er6n0Cf93XjnMHqH9AiIUk4EGI/edit?usp=sharing

 Go. Hunt big game.

[CryptoNick]

For those interested in growing the solarcoin market here is a tool to estimate the 25 year claim value that someone receives by signing up.

http://solarcoin.org/en/form-test/

If you refer someone with facility like a rooftop under 20KW you get 10% of the first claim.
If you refer an elephant like a 100MW farm you get 10% of the 1st years claim.  

Just get the person to put your email into the claims form on the solarcoin site.

here is a list of elephants.

https://docs.google.com/spreadsheets/d/1kRuW3iwINSnTAKix6er6n0Cf93XjnMHqH9AiIUk4EGI/edit?usp=sharing

 Go. Hunt big game.

It says SolarCoin can suspend a Claim for any reason at any time? I guess there is no smart contract to detect fraud yet...

[Nick70001]

For those interested in growing the solarcoin market here is a tool to estimate the 25 year claim value that someone receives by signing up.

http://solarcoin.org/en/form-test/

If you refer someone with facility like a rooftop under 20KW you get 10% of the first claim.
If you refer an elephant like a 100MW farm you get 10% of the 1st years claim.  

Just get the person to put your email into the claims form on the solarcoin site.

here is a list of elephants.

https://docs.google.com/spreadsheets/d/1kRuW3iwINSnTAKix6er6n0Cf93XjnMHqH9AiIUk4EGI/edit?usp=sharing

 Go. Hunt big game.

It says SolarCoin can suspend a Claim for any reason at any time? I guess there is no smart contract to detect fraud yet...

Why are you still here? I thought you had a coin to create.

[corather]

Why would a merchant accept Solarcoin? A partner recently asked why would a merchant accept solarcoin?  Thought I would share the answer for those interested. 

 The currency acceptance issue is an interesting one and a classic chicken and egg scenario.  Currency: a social protocol works most effectively when there are lots buyers and sellers willing to accept it. 
Right now solarcoin is where bitcoin was in 2012 two years after launch. A small network, but growing quickly.  Once a merchant perceives a personal benefit in signaling they accept Solarcoin they will. We have a small candle manufacturer accepting solarcoins and I even sold a few copies of my book for it. As the network grows, we anticipate uptake in SolarCoin but for now one needs a gateway service. see below. 

There are 2 main benefits for a merchant to accept solarcoin, pending market growth etc. to a more critical mass. 

1. Green goodwill as a marketing exercise. This is mostly a one off novelty effect for the merchant and has smaller appeal.

2. Cheap clearing fees.  Many retailers operate on 3-8% net income margins.  Visa, AMEX and Mastercard charge 1.5-3.5% for processing.  So the impact to free cash flow >real ROE for a merchant can be significant 10-30% improvement. It is the reason gas stations for example give a cash discount or discount for debit cards.

Bitcoin is a useful example here.  Bitcoin has roughly 3m users/acceptors.  As of early 2015 there were 100,000 bitcoin merchants, there are probably more now as there is price stability and better services globally. 

Gateway services:

1. SolarCoins can be converted into bitcoin and are traded 24/7.  https://www.coingecko.com/en/price_charts/solarcoin/usd

2. There are many bitcoin debit cards which effectively transfer  bitcoin into fiat during the debit card use. This works similar to what happens when a tourist spends money abroad with a credit or debit card. So effectively one can "spend" bitcoin anywhere they can use a debit card.  Most likely as solarcoin grows, similar automatic transaction services will spring up.  Expect it around 500k user network size.

Note that new SolarCoin wallets should include support for Android and IOS mobile wallets https://copay.io/  These will be udnerway post 2.11 release.

Hope this helps.

These are reasons why Merchants WON'T accept SolarCoin. BitCoin is not Green and in order to get out of the market the merchants have to take risks with it in order to give the appearance of being Green with SolarCoin. These risks could gain them money but they can also get stuck at percentages well above the normal fees for Visa or be forced to wait. So Merchants must sell to BitCoin to get their costs of goods back. This means they also have to give their identity and banking information to an Exchange under KYC-AML just to achieve liquidity. They also risk that the exchange may hack itself and take the customers funds. Questionable security along with market maneuvering just to accept a coin that people would have to take their FIAT that they could already hand the merchant and yet they go buy BitCoin, to then go buy SolarCoin, and then give it to the Merchant who must go Sell to BitCoin and then Sell to FIAT. Not many Merchants would put themselves through the wringer just to use a coin, and if they were going to accept Crypto they could just accept BitCoin since they have to get back to that anyways.

If SolarCoin was used outside of BitCoin it could be green and be adopted, instead it is now SolarCoin supporting and sustaining BitCoin usage. Another upside would be that there are not many people using SolarCoin so Merchant exposure would be very small. This may be the only reason to accept it and normally a Merchant who would agree to use SolarCoin would already be accepting BitCoin and have the channel setup for usage. So the 100,000 BitCoin merchants should be targeted as merchants and let the SolarCoin POW sell off for these merchants products commence!

Merchants build it into the costs of goods. The grants are free, it may cost a little more to buy something with SLR, but it's found money, everyone wins. Does Bitcoin do that? No, you have to buy it in order to spend it.

[CryptoNick]

Why would a merchant accept Solarcoin? A partner recently asked why would a merchant accept solarcoin?  Thought I would share the answer for those interested. 

 The currency acceptance issue is an interesting one and a classic chicken and egg scenario.  Currency: a social protocol works most effectively when there are lots buyers and sellers willing to accept it. 
Right now solarcoin is where bitcoin was in 2012 two years after launch. A small network, but growing quickly.  Once a merchant perceives a personal benefit in signaling they accept Solarcoin they will. We have a small candle manufacturer accepting solarcoins and I even sold a few copies of my book for it. As the network grows, we anticipate uptake in SolarCoin but for now one needs a gateway service. see below. 

There are 2 main benefits for a merchant to accept solarcoin, pending market growth etc. to a more critical mass. 

1. Green goodwill as a marketing exercise. This is mostly a one off novelty effect for the merchant and has smaller appeal.

2. Cheap clearing fees.  Many retailers operate on 3-8% net income margins.  Visa, AMEX and Mastercard charge 1.5-3.5% for processing.  So the impact to free cash flow >real ROE for a merchant can be significant 10-30% improvement. It is the reason gas stations for example give a cash discount or discount for debit cards.

Bitcoin is a useful example here.  Bitcoin has roughly 3m users/acceptors.  As of early 2015 there were 100,000 bitcoin merchants, there are probably more now as there is price stability and better services globally. 

Gateway services:

1. SolarCoins can be converted into bitcoin and are traded 24/7.  https://www.coingecko.com/en/price_charts/solarcoin/usd

2. There are many bitcoin debit cards which effectively transfer  bitcoin into fiat during the debit card use. This works similar to what happens when a tourist spends money abroad with a credit or debit card. So effectively one can "spend" bitcoin anywhere they can use a debit card.  Most likely as solarcoin grows, similar automatic transaction services will spring up.  Expect it around 500k user network size.

Note that new SolarCoin wallets should include support for Android and IOS mobile wallets https://copay.io/  These will be udnerway post 2.11 release.

Hope this helps.

These are reasons why Merchants WON'T accept SolarCoin. BitCoin is not Green and in order to get out of the market the merchants have to take risks with it in order to give the appearance of being Green with SolarCoin. These risks could gain them money but they can also get stuck at percentages well above the normal fees for Visa or be forced to wait. So Merchants must sell to BitCoin to get their costs of goods back. This means they also have to give their identity and banking information to an Exchange under KYC-AML just to achieve liquidity. They also risk that the exchange may hack itself and take the customers funds. Questionable security along with market maneuvering just to accept a coin that people would have to take their FIAT that they could already hand the merchant and yet they go buy BitCoin, to then go buy SolarCoin, and then give it to the Merchant who must go Sell to BitCoin and then Sell to FIAT. Not many Merchants would put themselves through the wringer just to use a coin, and if they were going to accept Crypto they could just accept BitCoin since they have to get back to that anyways.

If SolarCoin was used outside of BitCoin it could be green and be adopted, instead it is now SolarCoin supporting and sustaining BitCoin usage. Another upside would be that there are not many people using SolarCoin so Merchant exposure would be very small. This may be the only reason to accept it and normally a Merchant who would agree to use SolarCoin would already be accepting BitCoin and have the channel setup for usage. So the 100,000 BitCoin merchants should be targeted as merchants and let the SolarCoin POW sell off for these merchants products commence!

Merchants build it into the costs of goods. The grants are free, it may cost a little more to buy something with SLR, but it's found money, everyone wins. Does Bitcoin do that? No, you have to buy it in order to spend it.

Someone has to buy SolarCoin with BitCoin first in order to pay the merchants even if the costs could be built in, meaning in the event of a dump to nil the merchants could lose everything along with an exchange hack that is very real. So churning out BitCoin will be the foundation of SolarCoin, as BitCoin is a Proxy for SolarCoin and can be given away for free like any alt coin could do at any time, why people buy it is the mystery.

Without BitCoin there are no SolarCoin merchants. It is like you are saying SolarCoin is so Green it is like finding a shiny free new electric car powered by the sun, only problem occurs since it has no charging capacity unless it is plugged into a BitCoin pump. But still you tell people SolarCoin is doing good... look at how fast it is moving on the highways right now! Only to find out that your Hybrid SolarCoin is moving fast, but on the back of a BitCoin Tow Truck spewing Black Smoke into the air gobbling up massive amounts of fuel just to move with SolarCoin winched up to it.

There will always need to be BitCoin in order to be liquid for merchants. If people just accept SolarCoin for trade then it works no problem, but why give something they can get money for to trade for a coin they may not get anything back in trade for eventually. The real possibility is that they just lost possession of the goods or service they traded, and the store they go to buy milk at only takes Fiat and not SolarCoins. Since they have to pay for costs of goods there is no way to just take SolarCoins in this market. It all goes back to BitCoin and Fiat. BitCoin bears the entire weight of SolarCoin and its Free coins, and creates the worth for SolarCoin simultaneously.

You think there will be a day when the tail wags the dog on this one? If they outlaw BitCoin chances are they outlaw SolarCoin too. Or if BitCoin becomes more valuable and sought after then why would people buy SolarCoin when they could own BitCoin instead. And if you say that perhaps BitCoin will become less sought after and cheaper, unfortunately SolarCoin must sell to that market and also have their coin devalued in the process.

I have created ways around these issues now. I am waiting for further developments to make sure it gets done correctly. I am not a coder so I have to rely on a team to implement it. Too bad it isn't the SolarCoin team.