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

[TooQik]

Hi all,

I had an amazing idea while looking at a bunch of pigeons. We are building data loggers that are solar powered that can connect to the solarcoin granting API. We demonstrated this one working last week in London at the Chain-of-things event.
There is an option as we build out to MVP, this is a good idea I think to add a "mesh networking chip" instead of an internet connection chip (e.g. Huawei dongle), or a case with both.

If we have mesh-networked solar powered solarcoin nodes, we are nearly organic. This means no single point of failure (on hardware layer) and no central internet or power needed and no single point of failure on software layer (blockchain).

What's people's thoughts?

Will investigate further.

Best,
-lfloorwalker

mesh architecture seems interesting for resilience redundancy architecture. then at any point a single SMS modem can act as connection point for the live blockchain.

I would be concerned about having a single point of failure within a mesh network with only a single connection point to the broader SolarCoin network. If you lose this single connection point the devices within the mesh would still have connectivity to each other and would effectively become an isolated blockchain. What would happen if the number of devices within this isolated network has the majority of peers when it rejoined the broader pool?

[vipgelsi]

New high 22.8 cents. 

[dimox]

great job rate rising up, mybe if solar add to poloniex this would be a very unusual 

[xp.rie]

great job rate rising up, mybe if solar add to poloniex this would be a very unusual 

Hopefully add to poloniex 

[dimox]

great job rate rising up, mybe if solar add to poloniex this would be a very unusual  

Hopefully add to poloniex  

very very hopefully, because poloniex market is amazing  

[xp.rie]

great job rate rising up, mybe if solar add to poloniex this would be a very unusual  

Hopefully add to poloniex  

very very hopefully, because poloniex market is amazing  

wait and see 

[Breasal]

THe last few months have been great. Solarcoin is expanding at a great rate. I would be happy if the price held at this level for a few months and built a base. If it keeps going up I'm concerned about a big drop. Would rather take the slow and steady approach where new investors do not get burned.

No one will ever get burned, it will just take investing more money after the drop. They can hedge their positions all the way down to a satoshi if needed and at that point they will be able to use their coin too at merchants and maybe even for solar with this kind of bitcoin on the buy side. Of course the volume could be fake but I feel it is real and people want to change out their Bitcoin for a green alternative, and then later SolarCoin can unhook from the BTCTow truck spewing black plumes of smoke as it speeds down the highway.

Good days ahead for SolarCoin if people hedge and prepare for these distribution (I won't call them Dumps anymore) events... Hedging is the only way to recover from this and if people are serious about investing they will hedge their positions. You should too, it will just prove out participation in the end since the hedge will show the median price point and then the swings will stabilize and create liquidity simultaneously since you can not sell above and must buy below so it locks you in as an investor if you want to eventually make money off your high buy after distribution occurs.

Example... 3 BTC at .0003 and you get 10,000 SLR. The price drops to .0001 so you buy 3 more BTC for 30,000. Now the price drops further and you hedge another 3 BTC at .00005 for 60,000 SLR. You now have 100K of SLR and your new break even point is not .0003 it is .00009. But you will be buying if no one else is buying and replicate this all the way down to a satoshi and you still have a viable coin to use and it is now stable at 1 satoshi, and you can own tons to hedge and if it jumps up to 2 satoshi you can double your money. So that is the hedge and you must think long term on this one, since there will be a point where distribution happens. If large coin holders participate and don't sell it will be smooth sailing to $120 per coin easily. These holders would be silly to crash the market knowing they could have the majority of coin for quite some time.

Good strategy indeed...but there is one major assumption you did not mention: liquidity (e.g. buyers). Hedging is great investing, as is dollar (BTC)-cost averaging to reduce risk. However if you get left with the bag as so many in crypto do who mistakenly buy at ATH thinking price will rise, you are "s@*t out of luck" and wind up holding a bag with no buyers. I'm not saying this will be the case with SLR as there remains so much value in the ultimate system, but only responding with a bit of criticism to your optimism. 😀😉

[qiwoman2]

My Dad just put in solar panels on his house. We live in Cyprus and I am thinking to give him the form to fill up. Is that a good idea? I think it would be great to get more peps to know about this wonderful project. I remember SOLAR COIN form the old days and ti has really grown since then. Kudos. 

[Luckybit]

THe last few months have been great. Solarcoin is expanding at a great rate. I would be happy if the price held at this level for a few months and built a base. If it keeps going up I'm concerned about a big drop. Would rather take the slow and steady approach where new investors do not get burned.

SLR is trading at .19 now.  It's not slowing down anytime soon.  We will probably be at .25 by Monday!!!

If you want to have an indication of where SLR can go just have a look at Peercoin. Peercoin was similar in that it was novel, had a similar market cap, similar demographic. Peercoin reached $7 in 2014.

https://www.cryptocoincharts.info/pair/ppc/usd/btc-e/alltime

And there is a lot more money, attention and awareness than there was in 2014. Solarcoin is better than Peercoin in every way and is the only coin which properly appeals to the sustainability culture.

[mazzaneo]

My Dad just put in solar panels on his house. We live in Cyprus and I am thinking to give him the form to fill up. Is that a good idea? I think it would be great to get more peps to know about this wonderful project. I remember SOLAR COIN form the old days and ti has really grown since then. Kudos. 

Hey man, where in Cyprus are you from? I'm in Limassol

[CryptoNick]

THe last few months have been great. Solarcoin is expanding at a great rate. I would be happy if the price held at this level for a few months and built a base. If it keeps going up I'm concerned about a big drop. Would rather take the slow and steady approach where new investors do not get burned.

No one will ever get burned, it will just take investing more money after the drop. They can hedge their positions all the way down to a satoshi if needed and at that point they will be able to use their coin too at merchants and maybe even for solar with this kind of bitcoin on the buy side. Of course the volume could be fake but I feel it is real and people want to change out their Bitcoin for a green alternative, and then later SolarCoin can unhook from the BTCTow truck spewing black plumes of smoke as it speeds down the highway.

Good days ahead for SolarCoin if people hedge and prepare for these distribution (I won't call them Dumps anymore) events... Hedging is the only way to recover from this and if people are serious about investing they will hedge their positions. You should too, it will just prove out participation in the end since the hedge will show the median price point and then the swings will stabilize and create liquidity simultaneously since you can not sell above and must buy below so it locks you in as an investor if you want to eventually make money off your high buy after distribution occurs.

Example... 3 BTC at .0003 and you get 10,000 SLR. The price drops to .0001 so you buy 3 more BTC for 30,000. Now the price drops further and you hedge another 3 BTC at .00005 for 60,000 SLR. You now have 100K of SLR and your new break even point is not .0003 it is .00009. But you will be buying if no one else is buying and replicate this all the way down to a satoshi and you still have a viable coin to use and it is now stable at 1 satoshi, and you can own tons to hedge and if it jumps up to 2 satoshi you can double your money. So that is the hedge and you must think long term on this one, since there will be a point where distribution happens. If large coin holders participate and don't sell it will be smooth sailing to $120 per coin easily. These holders would be silly to crash the market knowing they could have the majority of coin for quite some time.

Good strategy indeed...but there is one major assumption you did not mention: liquidity (e.g. buyers). Hedging is great investing, as is dollar (BTC)-cost averaging to reduce risk. However if you get left with the bag as so many in crypto do who mistakenly buy at ATH thinking price will rise, you are "s@*t out of luck" and wind up holding a bag with no buyers. I'm not saying this will be the case with SLR as there remains so much value in the ultimate system, but only responding with a bit of criticism to your optimism. 😀😉

Yeah it is only for those who believe in SolarCoin, people who want to make a buck will come and go but really the hedge is the distribution when it occurs. Then the median price can be obtained. If people believe that SolarCoin can replace BitCoin then no bag holding will ever take place. All it takes is a swap drop and roll on... done. Then PEG SolarCoin as the new BitCoin and go to Fiat with it instead. It is that easy, BitCoin is only worth something since it takes power and hashing to gain it, a green alternative could replace BitCoin in an instant. No one would lose their investment since they would buy in and get more SolarCoin for their BitCoin to start off with. Once the price meets up then it can be one to one. This is the only possible scenario to make SolarCoin successful. A total replacement of BitCoin.

[Luckybit]

Hi all,

I had an amazing idea while looking at a bunch of pigeons. We are building data loggers that are solar powered that can connect to the solarcoin granting API. We demonstrated this one working last week in London at the Chain-of-things event.
There is an option as we build out to MVP, this is a good idea I think to add a "mesh networking chip" instead of an internet connection chip (e.g. Huawei dongle), or a case with both.

If we have mesh-networked solar powered solarcoin nodes, we are nearly organic. This means no single point of failure (on hardware layer) and no central internet or power needed and no single point of failure on software layer (blockchain).

What's people's thoughts?

Will investigate further.

Best,
-lfloorwalker

mesh architecture seems interesting for resilience redundancy architecture. then at any point a single SMS modem can act as connection point for the live blockchain.

I would be concerned about having a single point of failure within a mesh network with only a single connection point to the broader SolarCoin network. If you lose this single connection point the devices within the mesh would still have connectivity to each other and would effectively become an isolated blockchain. What would happen if the number of devices within this isolated network has the majority of peers when it rejoined the broader pool?

I would suggest focusing on building disruption tolerant networks (DTNs). These networks are more resilient and useful for mobile applications. So for example in theory a drone, a self driving truck, or dropped in a specific location where people can walk up to it such as an ATM like vending machine.

Of course these networks would not get very much in SLR but in my opinion SLR could benefit.

[Alao]

THe last few months have been great. Solarcoin is expanding at a great rate. I would be happy if the price held at this level for a few months and built a base. If it keeps going up I'm concerned about a big drop. Would rather take the slow and steady approach where new investors do not get burned.

No one will ever get burned, it will just take investing more money after the drop. They can hedge their positions all the way down to a satoshi if needed and at that point they will be able to use their coin too at merchants and maybe even for solar with this kind of bitcoin on the buy side. Of course the volume could be fake but I feel it is real and people want to change out their Bitcoin for a green alternative, and then later SolarCoin can unhook from the BTCTow truck spewing black plumes of smoke as it speeds down the highway.

Good days ahead for SolarCoin if people hedge and prepare for these distribution (I won't call them Dumps anymore) events... Hedging is the only way to recover from this and if people are serious about investing they will hedge their positions. You should too, it will just prove out participation in the end since the hedge will show the median price point and then the swings will stabilize and create liquidity simultaneously since you can not sell above and must buy below so it locks you in as an investor if you want to eventually make money off your high buy after distribution occurs.

Example... 3 BTC at .0003 and you get 10,000 SLR. The price drops to .0001 so you buy 3 more BTC for 30,000. Now the price drops further and you hedge another 3 BTC at .00005 for 60,000 SLR. You now have 100K of SLR and your new break even point is not .0003 it is .00009. But you will be buying if no one else is buying and replicate this all the way down to a satoshi and you still have a viable coin to use and it is now stable at 1 satoshi, and you can own tons to hedge and if it jumps up to 2 satoshi you can double your money. So that is the hedge and you must think long term on this one, since there will be a point where distribution happens. If large coin holders participate and don't sell it will be smooth sailing to $120 per coin easily. These holders would be silly to crash the market knowing they could have the majority of coin for quite some time.

Good strategy indeed...but there is one major assumption you did not mention: liquidity (e.g. buyers). Hedging is great investing, as is dollar (BTC)-cost averaging to reduce risk. However if you get left with the bag as so many in crypto do who mistakenly buy at ATH thinking price will rise, you are "s@*t out of luck" and wind up holding a bag with no buyers. I'm not saying this will be the case with SLR as there remains so much value in the ultimate system, but only responding with a bit of criticism to your optimism. 😀😉

Yeah it is only for those who believe in SolarCoin, people who want to make a buck will come and go but really the hedge is the distribution when it occurs. Then the median price can be obtained. If people believe that SolarCoin can replace BitCoin then no bag holding will ever take place. All it takes is a swap drop and roll on... done. Then PEG SolarCoin as the new BitCoin and go to Fiat with it instead. It is that easy, BitCoin is only worth something since it takes power and hashing to gain it, a green alternative could replace BitCoin in an instant. No one would lose their investment since they would buy in and get more SolarCoin for their BitCoin to start off with. Once the price meets up then it can be one to one. This is the only possible scenario to make SolarCoin successful. A total replacement of BitCoin.

Your post are getting more positive nick!! It's always good to hear your opinion on Solar. I think that once it gets more awareness the game will really change. Anyone who "dumps" SLR is really distributing it to more people hence liquidity. That is why I can't wait for Polinex. It will give SLR the true liquidity it needs.

[solarcoiner]

THe last few months have been great. Solarcoin is expanding at a great rate. I would be happy if the price held at this level for a few months and built a base. If it keeps going up I'm concerned about a big drop. Would rather take the slow and steady approach where new investors do not get burned.

SLR is trading at .19 now.  It's not slowing down anytime soon.  We will probably be at .25 by Monday!!!

If you want to have an indication of where SLR can go just have a look at Peercoin. Peercoin was similar in that it was novel, had a similar market cap, similar demographic. Peercoin reached $7 in 2014.

https://www.cryptocoincharts.info/pair/ppc/usd/btc-e/alltime

And there is a lot more money, attention and awareness than there was in 2014. Solarcoin is better than Peercoin in every way and is the only coin which properly appeals to the sustainability culture.

Yes I agree. But I also think Peercoin isn't such a bad buy right now. With the block halving coming up and all. I think a lot of miners might switch to PPC because it uses the same algo. as Bitcoin.. That might result in a lot of sudden interest in proof of stake and PPC But yeah PPC gives a nice idea of where SLR could be headed over the next couple of weeks/months.

[CryptoNick]

THe last few months have been great. Solarcoin is expanding at a great rate. I would be happy if the price held at this level for a few months and built a base. If it keeps going up I'm concerned about a big drop. Would rather take the slow and steady approach where new investors do not get burned.

No one will ever get burned, it will just take investing more money after the drop. They can hedge their positions all the way down to a satoshi if needed and at that point they will be able to use their coin too at merchants and maybe even for solar with this kind of bitcoin on the buy side. Of course the volume could be fake but I feel it is real and people want to change out their Bitcoin for a green alternative, and then later SolarCoin can unhook from the BTCTow truck spewing black plumes of smoke as it speeds down the highway.

Good days ahead for SolarCoin if people hedge and prepare for these distribution (I won't call them Dumps anymore) events... Hedging is the only way to recover from this and if people are serious about investing they will hedge their positions. You should too, it will just prove out participation in the end since the hedge will show the median price point and then the swings will stabilize and create liquidity simultaneously since you can not sell above and must buy below so it locks you in as an investor if you want to eventually make money off your high buy after distribution occurs.

Example... 3 BTC at .0003 and you get 10,000 SLR. The price drops to .0001 so you buy 3 more BTC for 30,000. Now the price drops further and you hedge another 3 BTC at .00005 for 60,000 SLR. You now have 100K of SLR and your new break even point is not .0003 it is .00009. But you will be buying if no one else is buying and replicate this all the way down to a satoshi and you still have a viable coin to use and it is now stable at 1 satoshi, and you can own tons to hedge and if it jumps up to 2 satoshi you can double your money. So that is the hedge and you must think long term on this one, since there will be a point where distribution happens. If large coin holders participate and don't sell it will be smooth sailing to $120 per coin easily. These holders would be silly to crash the market knowing they could have the majority of coin for quite some time.

Good strategy indeed...but there is one major assumption you did not mention: liquidity (e.g. buyers). Hedging is great investing, as is dollar (BTC)-cost averaging to reduce risk. However if you get left with the bag as so many in crypto do who mistakenly buy at ATH thinking price will rise, you are "s@*t out of luck" and wind up holding a bag with no buyers. I'm not saying this will be the case with SLR as there remains so much value in the ultimate system, but only responding with a bit of criticism to your optimism. 😀😉

Yeah it is only for those who believe in SolarCoin, people who want to make a buck will come and go but really the hedge is the distribution when it occurs. Then the median price can be obtained. If people believe that SolarCoin can replace BitCoin then no bag holding will ever take place. All it takes is a swap drop and roll on... done. Then PEG SolarCoin as the new BitCoin and go to Fiat with it instead. It is that easy, BitCoin is only worth something since it takes power and hashing to gain it, a green alternative could replace BitCoin in an instant. No one would lose their investment since they would buy in and get more SolarCoin for their BitCoin to start off with. Once the price meets up then it can be one to one. This is the only possible scenario to make SolarCoin successful. A total replacement of BitCoin.

Your post are getting more positive nick!! It's always good to hear your opinion on Solar. I think that once it gets more awareness the game will really change. Anyone who "dumps" SLR is really distributing it to more people hence liquidity. That is why I can't wait for Polinex. It will give SLR the true liquidity it needs.

Yep, I am realizing that the most ideal scenario is what needs to happen. Swap out BitCoin period, and yeah I have always liked SolarCoin, I almost got in on the PoW but decided not to because I thought no one would be interested in buying a coin with such a big Pre-Mine... Didn't realize it would be secured later.

[mozernes]

Hello everyone,

i need your help.

My solarcoin wallet is corrupted.


I try to extract the keys.

Can anyone tell me how i can convert  a hex public key from my wallet.dat to a solarcoin address, in order to find the positive amount adress.


Thanks

[corather]

Hello everyone,

i need your help.

My solarcoin wallet is corrupted.


I try to extract the keys.

Can anyone tell me how i can convert  a hex public key from my wallet.dat to a solarcoin address, in order to find the positive amount adress.


Thanks

What's the wallet reporting?

[mozernes]

Hello everyone,

i need your help.

My solarcoin wallet is corrupted.


I try to extract the keys.

Can anyone tell me how i can convert  a hex public key from my wallet.dat to a solarcoin address, in order to find the positive amount adress.


Thanks

What's the wallet reporting?

Thanks corather


the reporting is that wallet.dat is corrupted, and can't be recovered

[vipgelsi]

Try a restart of computer? Then open solarcoin.

If not you might have to re download entire blockchain and import wallet again. Also might have to delete your solarcoin roaming folder.

Make sure you have your wallet backups before you do anything!!!

[corather]

Hello everyone,

i need your help.

My solarcoin wallet is corrupted.


I try to extract the keys.

Can anyone tell me how i can convert  a hex public key from my wallet.dat to a solarcoin address, in order to find the positive amount adress.


Thanks

What's the wallet reporting?

Thanks corather


the reporting is that wallet.dat is corrupted, and can't be recovered

That usually means the database is corrupted. You should make a backup of your wallet.dat (hopefully you have a few copies backed up already), then delete everything except the wallet.dat!!! in the Solarcoin application data folder, on windows 7/8 hit the windows jewel and type %appdata%solarcoin. On Windows 10 it may be the same, I don't have much experience with it, and apple machines I can't help. The wallet is probably fine, but it can't parse properly because of the older database.