corather
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Solarcoin.org
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January 08, 2018, 08:31:24 PM |
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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?
The interest rate would be the same. However it helps the network more with a higher node count as each wallet not being identical will stake a different times. |
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The grue lurks in the darkest places of the earth. Its favorite diet is adventurers, but its insatiable appetite is tempered by its fear of light. No grue has ever been seen by the light of day, and few have survived its fearsome jaws to tell the tale.
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javkot
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January 08, 2018, 09:14:35 PM |
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sylph93
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January 09, 2018, 05:54:11 AM |
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The conventional PoW mining depends on electricity, so government can cut power to mining.
However, SolarCoin is from PV roof top, so no government can block SolarCoin mining.
More and more company will join this innovative crypto currency value chain, such as smart inverter company which can auto claim SLR for its owners.
The future of SolarCoin is clear and bright.
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sylph93
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January 09, 2018, 09:41:28 AM |
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There are cheap SLRs in Lykke nowadays.
It would be a good chance to make risk free profit through arbitrage between Lykke and Bittrex.
SLR is getting more and more rare.
Hold your SLR tight!
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vipgelsi
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Activity: 1736
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January 09, 2018, 03:34:48 PM |
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Hillerini
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January 09, 2018, 03:36:28 PM |
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How much time do you need to have the token added to multiple exchanges?
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corather
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Activity: 1708
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Solarcoin.org
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January 09, 2018, 05:22:06 PM |
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How much time do you need to have the token added to multiple exchanges?
As long as it takes. |
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javkot
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Activity: 113
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January 09, 2018, 08:26:06 PM |
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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?
The interest rate would be the same. However it helps the network more with a higher node count as each wallet not being identical will stake a different times. Would an active synced wallet with 0 coins also help the network? or is it only the "staked" coins that help the network? |
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klarki
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Top Crypto Casino
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January 10, 2018, 07:37:59 AM |
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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?
The interest rate would be the same. However it helps the network more with a higher node count as each wallet not being identical will stake a different times. Would an active synced wallet with 0 coins also help the network? or is it only the "staked" coins that help the network? What do you think? Of course this does not help maintaining the network. |
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javkot
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January 10, 2018, 08:08:44 PM |
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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?
The interest rate would be the same. However it helps the network more with a higher node count as each wallet not being identical will stake a different times. Would an active synced wallet with 0 coins also help the network? or is it only the "staked" coins that help the network? What do you think? Of course this does not help maintaining the network. I just don't understand how the code works. I'm unsure if it is the process of "staking" that is what supports the network or if it is merely an open wallet that supports the network. This seems unclear. |
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corather
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Activity: 1708
Merit: 1000
Solarcoin.org
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January 10, 2018, 08:22:46 PM |
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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?
The interest rate would be the same. However it helps the network more with a higher node count as each wallet not being identical will stake a different times. Would an active synced wallet with 0 coins also help the network? or is it only the "staked" coins that help the network? What do you think? Of course this does not help maintaining the network. I just don't understand how the code works. I'm unsure if it is the process of "staking" that is what supports the network or if it is merely an open wallet that supports the network. This seems unclear. There are two components to the mining process whether it's proof of work, or proof of stake. One is the hardware required to calculate a block, and the other is communication with the blockchain. Bitcoin for example uses a lot of hardware to calculate the proof of work, but the work must still be written to the blockchain. You can run a main node on the Bitcoin network without doing any of the proof of work, though all you're doing is storing transactions, and broadcasting that info to the network. Solarcoin works in much the same way, though all the calculations for generating a block are done through a software algo. You can still run a "main node" on the network to support the blockchain, though you won't generate any interest with an empty wallet. So yes it does support the network, but not nearly as much as you would even if you had a tiny amount of solarcoin in that wallet. |
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javkot
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January 11, 2018, 05:45:19 AM |
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Thanks for the clarification. So what I understand you to be saying is that staking even just one Solarcoin helps the network significantly more than not staking at all.
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BellaBitBit
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January 11, 2018, 05:53:17 AM |
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I noticed the jump in SLR a few minutes ago as everything else is bleeding and ran across that article. Quite interesting! This has always been a long term hold for me. |
I love Bitcoin
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gupta.sreenath
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January 11, 2018, 06:21:31 AM |
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your long wait would be over today, it will boom and break all records today....keep counting...  |
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gupta.sreenath
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January 11, 2018, 06:43:30 AM |
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Volume is increasing drastically...something BIG can expected...
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terciops
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Merit: 10
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January 11, 2018, 06:48:00 AM |
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Volume is increasing drastically...something BIG can expected...
The number of wallets staking has jumped by > 40% also.... T |
SLR - 8dNrncD6mBWzPPQLMRqmk9oCxoC9N7Xfev
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CarterDreamer
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January 11, 2018, 06:54:17 AM |
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Is there some big announcement? Can't wait to find out.
Just stumbled on this project. An it seems interesting.
Will it be on bestrate.org?
How can I join in?
What are your plans?
What has been done so far?
Thanks in advance!
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miazma
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Merit: 0
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January 11, 2018, 08:19:24 PM |
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Hey guys! I'm the new one ;-) To keep it short: Invested in SolarCoin because I think it's a good thing to do and potentially getting much bigger in the future. So I'd like to join solarcoin on slack, but have no idea how to get there? Where do I get an invite from? |
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miazma
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January 11, 2018, 09:15:25 PM |
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Hey guys! I'm the new one ;-) To keep it short: Invested in SolarCoin because I think it's a good thing to do and potentially getting much bigger in the future. So I'd like to join solarcoin on slack, but have no idea how to get there? Where do I get an invite from? Thanks, but already got that from the previous posts. But how to join without an account? When trying with the email address I'm using here for example, I get an error message telling me to ask the workspace administrator for an account. No idea who that should be  |
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miazma
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January 11, 2018, 09:26:32 PM |
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nice, thanks! thought, it's something you guys here set-up. well... still the new one here  |
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