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

[terciops]

Solarcoin Slack Now Has 1,500 members! Congrats!

https://solarcoin-group.slack.com

And another milestone - however transitory...

SLR went to 6920 as of writing = US$1.15.  There is the dollar breakthrough.  Long may it last.

Actually we have seen a lot of the weak knees 'players' flushed out of the SLR pool over the past few months.  There is a fairly steep SELL wall at 7000 sat, so that will be the next group of 'day traders' cashing in.

Even as I write that wall was flushed and now stands at 7500 sat.  This is probably a P&D but interesting to watch.  Certainly unless we have a large defector the P&D traders will be buying / selling to themselves.  More profit for Bitrex.

Pass the popcorn


T

[1714099705]

1714099705

[biodieselchris]

solarcoin is doing well. This has been a good coin for several years now. If the names "rockrabbit" and/or "fabula" mean anything to you, then you know how far back that goes...
 


we need more solar in the world and the rate we need to be adding it needs to accelerate greatly.

[dejan_p]

i think that it's investors going through charts looking for decent coins that haven't been pumped, with a small market cap, etc..
anyways it's a good thing for solarcoin - can't wait to see what will happen in few years when solar energy becomes even more popular

[sylph93]

Congratulation! SolarCoin community.
Now, SLR just has passed the gravity zone and entered 1$ level successfully.
To the Sun! 

[daniobg]

haha nice on redwhite037! Called that like a boss. Im glad i dumped all of mine. no bad feelings. fuck this coin lol

solarcoin will never go over 10000sat again!

Where are you now u little piece of sh*t???

[corather]

Be professional guys. Please.

[javkot]

Be professional guys. Please.

have to admit, daniobg posted my thoughts exactly, but I didn't want to be the one to gloat. I think all of us have won some and lost some in market, and none of us REALLY knows what is going to happen ... other than the FACT that solarcoin IS going to hit 50000 sat, but other than that I DONT know what will happen haha!

[sylph93]

Be professional guys. Please.

Yes, arbitrage between Bittrex and Lykke thing is professional.
When SLR on the bull run, the price gap between exchanges makes good chance to arbitrage.
I'm waiting for spread!!! 

[terciops]

Be professional guys. Please.

Yes, arbitrage between Bittrex and Lykke thing is professional.
When SLR on the bull run, the price gap between exchanges makes good chance to arbitrage.
I'm waiting for spread!!!  

Concur in full.  

Up to $2 this morning and every sign of some stability.  A good amount of movement, so some wallets are unloading, but that is a good thing when done with moderation.

SLR is a thin market and can be easily ramped both ways.  However having more wallets is definitely a good thing, so this increased activity with a relentless ramp up is as good as it gets.  However, beware the Ides of Hubris (to mortally mangle a metaphor).

Enjoy the ride and by all means savour that uniquely private sensation of Schadenfreude (that only works in German) https://en.wikipedia.org/wiki/Schadenfreude, but never, ever, gloat.   Victory is its' own reward.  

T

[javkot]

Be professional guys. Please.

Yes, arbitrage between Bittrex and Lykke thing is professional.
When SLR on the bull run, the price gap between exchanges makes good chance to arbitrage.
I'm waiting for spread!!!  

Concur in full.  

Up to $2 this morning and every sign of some stability.  A good amount of movement, so some wallets are unloading, but that is a good thing when done with moderation.

SLR is a thin market and can be easily ramped both ways.  However having more wallets is definitely a good thing, so this increased activity with a relentless ramp up is as good as it gets.  However, beware the Ides of Hubris (to mortally mangle a metaphor).

Enjoy the ride and by all means savour that uniquely private sensation of Schadenfreude (that only works in German) https://en.wikipedia.org/wiki/Schadenfreude, but never, ever, gloat.   Victory is its' own reward.  

T

You make a good point. The SLR project seems to be built on a foundation of good will toward men, rather than on scorn toward the oppressors. Nick Gogerty has been especially positive every step of the way and sets a good example for all of us to follow.

[babbey]

Hi everyone,

With the recent activity on the exchanges, I thought I had better check on the little laptop in my roof that was staking away for my wallet. Turns out that it hasn't been staking away since early September, and is almost past being usable, so I thought I would put the wallet on another retired laptop. Seems like it's struggling to gain connections after the following steps:

• installed & ran the freshly downloaded wallet
• exited the wallet
• copied wallet.dat from the old laptop
• pasted it onto the new laptop in the AppData\Roaming\Solarcoin folder, replacing the newly created one

I remembered some discussions earlier in the thread regarding peers.dat and solarcoin.conf; there was no solarcoin.conf file so I created one with addnode=162.243.214.120 as the only line. I've tried reloading the blockchain and rescanning the wallet, but the best I get is 1 connection, and most of the time it has none.

Not sure how relevant this is, but my holdings also increased by roughly 5000 SLR without any new transactions coming in... Could possibly be staking revenues but that doesn't make a lot of sense without any transactions. Any ideas? I just wanted to get staking again, and hoped it would be a bit simpler than this...

Cheers

babbey

[EDIT] - The more I think about it, the more it feels like way back when the wallets forked, and we received massive amounts of coins from staking. I think I got over 73,000 coins at one point - if only I'd been on the right chain!

I think I'll have to fire up the old machine when I get home from work tonight & try to convince the wallet to start up properly; there's a chance that I may just have been a bit impatient with a very slow machine, maybe with enough time the wallet will come up properly and I can use the 'Backup Wallet' and 'Export Keys' commands.

[javkot]

backup wallet should work fine, it can take a while. On occasion, some people have had to hit the "reload blockchain" under the "file" menu. The extra 5000 coins may be due to interest earned even though you haven't actively staked. I'm not sure how the algo works exactly, but from my experience you seem to earn interest whether or not you stake. My wallet was offline by accident for about four weeks and when I got it back online to start staking again, my block rewards were initially A LOT higher for a few days. So I speculate that even though I wasn't staking for a month, my overall accrued interest seemed unchanged.

[lfloorwalker]

Be professional guys. Please.

Yes, arbitrage between Bittrex and Lykke thing is professional.
When SLR on the bull run, the price gap between exchanges makes good chance to arbitrage.
I'm waiting for spread!!!  

Concur in full.  

Up to $2 this morning and every sign of some stability.  A good amount of movement, so some wallets are unloading, but that is a good thing when done with moderation.

SLR is a thin market and can be easily ramped both ways.  However having more wallets is definitely a good thing, so this increased activity with a relentless ramp up is as good as it gets.  However, beware the Ides of Hubris (to mortally mangle a metaphor).

Enjoy the ride and by all means savour that uniquely private sensation of Schadenfreude (that only works in German) https://en.wikipedia.org/wiki/Schadenfreude, but never, ever, gloat.   Victory is its' own reward.  

T

You make a good point. The SLR project seems to be built on a foundation of good will toward men, rather than on scorn toward the oppressors. Nick Gogerty has been especially positive every step of the way and sets a good example for all of us to follow.

Concur in full, and a good example for this project.

[lfloorwalker]

Congratulation! SolarCoin community.
Now, SLR just has passed the gravity zone and entered 1$ level successfully.
To the Sun! 

I am getting calls from a solar installer that has always ignored my crypto ramblings to them about SolarCoin since 2014.
Now they say WOW! An extra $2/ MWh for us! It makes a small but meaningful difference to our project profit margins!

Amazing work guys! Well done

Cheers, to Orion via the Sun.

-lfloorwalker

[sylph93]

Congratulation! SolarCoin community.
Now, SLR just has passed the gravity zone and entered 1$ level successfully.
To the Sun! 

I am getting calls from a solar installer that has always ignored my crypto ramblings to them about SolarCoin since 2014.
Now they say WOW! An extra $2/ MWh for us! It makes a small but meaningful difference to our project profit margins!

Amazing work guys! Well done

Cheers, to Orion via the Sun.

-lfloorwalker

A lot of crypto currency depend on POW which consume enormous electricity. However, SolarCoin is supporting green energy generation.
If we fail to prevent the earth from deadly climate change, then coins and tokens have no meaning.
That's why I love this coin.

[babbey]

backup wallet should work fine, it can take a while. On occasion, some people have had to hit the "reload blockchain" under the "file" menu. The extra 5000 coins may be due to interest earned even though you haven't actively staked. I'm not sure how the algo works exactly, but from my experience you seem to earn interest whether or not you stake. My wallet was offline by accident for about four weeks and when I got it back online to start staking again, my block rewards were initially A LOT higher for a few days. So I speculate that even though I wasn't staking for a month, my overall accrued interest seemed unchanged.

Can't remember the figures, but IIRC the staking rewards are based on an annual interest assuming the wallet was staking all year. When it goes offline for a while, the next interest payment(s) will be higher to 'catch up' to the annual rewards... or something. lol

Just a bit confused that there is no record of the transaction in my history, and there are no coins in my staking amount either. Does anyone have access to peers.dat and solarcoin.conf for comparison?

Cheers for the help!

[sylph93]

backup wallet should work fine, it can take a while. On occasion, some people have had to hit the "reload blockchain" under the "file" menu. The extra 5000 coins may be due to interest earned even though you haven't actively staked. I'm not sure how the algo works exactly, but from my experience you seem to earn interest whether or not you stake. My wallet was offline by accident for about four weeks and when I got it back online to start staking again, my block rewards were initially A LOT higher for a few days. So I speculate that even though I wasn't staking for a month, my overall accrued interest seemed unchanged.

Can't remember the figures, but IIRC the staking rewards are based on an annual interest assuming the wallet was staking all year. When it goes offline for a while, the next interest payment(s) will be higher to 'catch up' to the annual rewards... or something. lol

Just a bit confused that there is no record of the transaction in my history, and there are no coins in my staking amount either. Does anyone have access to peers.dat and solarcoin.conf for comparison?

Cheers for the help!

You'd better go to SolarCoin Slack. There is #solarcoin_blockchain channel.
There are people who can help you.

solarcoin-group.slack.com

[babbey]

Thanks sylph - looks like you just gave me the reason that I needed to jump in to the slack group!

Cheers

babbey

[terciops]

backup wallet should work fine, it can take a while. On occasion, some people have had to hit the "reload blockchain" under the "file" menu. The extra 5000 coins may be due to interest earned even though you haven't actively staked. I'm not sure how the algo works exactly, but from my experience you seem to earn interest whether or not you stake. My wallet was offline by accident for about four weeks and when I got it back online to start staking again, my block rewards were initially A LOT higher for a few days. So I speculate that even though I wasn't staking for a month, my overall accrued interest seemed unchanged.

Can't remember the figures, but IIRC the staking rewards are based on an annual interest assuming the wallet was staking all year. When it goes offline for a while, the next interest payment(s) will be higher to 'catch up' to the annual rewards... or something. lol

Just a bit confused that there is no record of the transaction in my history, and there are no coins in my staking amount either. Does anyone have access to peers.dat and solarcoin.conf for comparison?

Cheers for the help!

AFAIK (but I haven't had enough motivation to look at the code that closely) what happens is that if your wallet is offline for a period your coins 'recover' from being staked and 'freshen', if you will.  When the wallet gets back online, all those 'fresh' coins are valid for staking.  So until all those 'fresh' coins have their moment in the sun (stake pool) - and generate staking rewards - you get a one time boost.  Once a coin has been staked, it then goes back in the pot to be freshened again.  The only thing that makes this 'freshening' happen is time. 

If you are really bored and have some free time from watching paint dry, grass grow etc, you can see this happening on the 'staked' line of the wallet home page.  This is also apparent if you bring up a second copy of the wallet with a 'old/unused for a time' copy of the wallet.dat.  There is a surge in POS rewards that are never actually validated (and eventually disappear) as the extra copy generates rewards from what it thinks are 'fresh' coins.  The blockchain knows better though and rejects them as duplicates?.  This is a 'nice' (in the proper sense) piece of code in the wallet core.  It is also the reason that it doesn't help running a second copy of the same wallet.

That is my understanding at least.  If anyone has a better explaination I would be keen to read it.   


T

[javkot]

I've always wondered, if I have two separate wallets each with 100k SLR and compare that with a single wallet with 200k SLR, will the block reward/ overall interest accrued be approximately identical? OR is there an overall reward advantage to bundling all of your SLR into the same wallet?