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

[biodieselchris]

what person (or people) actually control the private keys that send the awards? I know the "SolarCoin Foundation" is a group of volunteers, however, they can't be collectively responsible for the award payments. The website doesn't talk about this for some reason. Does anyone know?

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[vipgelsi]

I believe they are going to be stored in space soon no joke.

[wosch76]

I believe they are going to be stored in space soon no joke.

so SpaceBelt is ready to go?

SolarCoin going to space: http://solarcoin.org/en/solarcoin-selects-cloud-constellations-spacebelt-for-secure-space-based-storage-and-transaction/

so this will be the first cryptocurrency that enters space for real?
LOL
to da moon ... eeh sun

http://www.satnews.com/story.php?number=1544259081

[vipgelsi]

So far last i heard it was a go. Not sure on eta

[CryptoNick]

what person (or people) actually control the private keys that send the awards? I know the "SolarCoin Foundation" is a group of volunteers, however, they can't be collectively responsible for the award payments. The website doesn't talk about this for some reason. Does anyone know?

Multisig and also yep first Coin to orbit the earth in space. Solarcoin will make the sun orbit the earth!

[Scalextrix]

Multisig and also yep first Coin to orbit the earth in space. Solarcoin will make the sun orbit the earth!

Beautifully put, you win a smiley 

[nickgogerty]

any EU policy wonks out there?

http://www.europarl.europa.eu/sides/getDoc.do?type=COMPARL&reference=PE-601.075&format=PDF&language=EN&secondRef=02

"Stresses that the current emergence of currency competition between national currencies and private virtual currencies could benefit innovation and price stability, Stresses that as long as Blockchain can work as an infrastructure and basis for Fintech development, Commission should encourage the expansion of Blockchain platforms in order to create inclusivity and synergies for FinTech firms and hubs, similar to the platforms that bigger financial intermediaries create for inter-banking clearing operations;

Welcomes that very important initiatives that use the capabilities provided by FinTech and Blockchain platforms (e.g. Solar-coin) to create incentives for environmentally responsible energy use and behaviour, as well as research that attempts to reduce the environmental cost of bitcoin-mining and related activities;….

"  to be voted in april   thoughts on how to support / report this and what the full body of the resolution means.

[nickgogerty]

congratulations Global SolarChange!  https://cointelegraph.com/news/blockchain-oscar-startup-competition-announces-six-finalists

[vipgelsi]

Very cool this will give us some great free exposure.

congratulations Global SolarChange!  https://cointelegraph.com/news/blockchain-oscar-startup-competition-announces-six-finalists

[nickgogerty]

Just a reminder if you want to dig in and see what is going on with the solarcoin community:

There are 270 people on the solarcoin-group slack   https://solarcoin.org/en/solarcoin-forum/
There are over 267  on the electricchain slack http://www.electricchain.org/electricchain/community/
There are 88 members on the solarcoin telegram channel doing super cool stuff with raspberry pi etc.

[vipgelsi]

Yes Solarcoin community is very active just not to much on here.

[Alao]

Some pretty good video's in Lykke Stream.  Go ahead and vote!!!

https://streams.lykke.com/Project/ProjectDetails/e0e42f196de14a8ea46cc856be33730b?resultsActive=true

[passionsurf]

I'm curious about your thoughts on how to balance wallet staking with security. While on the one hand, it seems advantageous to stake your entire wallet, but on the other hand, cold storage is the most secure way to protect against hackers. How risky is it for the larger wallet holders (esp. those over 100k in SLR) to be continually active staking all their coins? This might not be a large concern right now with a market cap of under $4 million, but as the value of SLR rises, then it might make more sense to choose security over staking. Thoughts?

[corather]

I'm curious about your thoughts on how to balance wallet staking with security. While on the one hand, it seems advantageous to stake your entire wallet, but on the other hand, cold storage is the most secure way to protect against hackers. How risky is it for the larger wallet holders (esp. those over 100k in SLR) to be continually active staking all their coins? This might not be a large concern right now with a market cap of under $4 million, but as the value of SLR rises, then it might make more sense to choose security over staking. Thoughts?

The idea now is to get an army of IoT computers staking grant rewards. The wallets may only have a few coins, but with enough of them on the network, it'll sustain transaction verification.

[CryptoNick]

Some pretty good video's in Lykke Stream.  Go ahead and vote!!!

https://streams.lykke.com/Project/ProjectDetails/e0e42f196de14a8ea46cc856be33730b?resultsActive=true

Thanks!
Vote for my Video! Nick Crypto is mine. Had to make it very fast though and will edit it to make it better if needed...

[lfloorwalker]

ElectriCChain_ has a twitter account.

Cheers,
-lfloorwalker

[solarcoiner]

I'm curious about your thoughts on how to balance wallet staking with security. While on the one hand, it seems advantageous to stake your entire wallet, but on the other hand, cold storage is the most secure way to protect against hackers. How risky is it for the larger wallet holders (esp. those over 100k in SLR) to be continually active staking all their coins? This might not be a large concern right now with a market cap of under $4 million, but as the value of SLR rises, then it might make more sense to choose security over staking. Thoughts?

I think the developpers should look into NXT. I have said this before. I really like what the call account leasing. Basically you can lease your balance to another wallet account. Imagine I have 100k Solarcoins. I could then keep them in a offline wallet and lease the account balance to another wallet that runs 24/7 with no coins in it. Its def. a very intersting and secure way to stake.

Edit: But Yes I do think about security a lot and if the market cap continues rising I will have to put some coins in cold storage. I dont think there is a very big security risk as of right now because nooe knows about Solarcoin (its such a small project). Bus as it gets more polular and valuable over time I imagine security will be more important

[sixiangzhe]

Encourage solar power generation, will give the world a green.

[solarcoiner]

Encourage solar power generation, will give the world a green.

Yes thats what this project is aiming for Welcome to the community!

[Scalextrix]

I'm curious about your thoughts on how to balance wallet staking with security. While on the one hand, it seems advantageous to stake your entire wallet, but on the other hand, cold storage is the most secure way to protect against hackers. How risky is it for the larger wallet holders (esp. those over 100k in SLR) to be continually active staking all their coins? This might not be a large concern right now with a market cap of under $4 million, but as the value of SLR rises, then it might make more sense to choose security over staking. Thoughts?

If you have a strong wallet passphrase, what is the risk?  Im genuinely asking the question.