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

[SolarcoinAddict]

Hi, thanks for talking the time to provide answers.

When my wallet was created, I also imported two additional private keys. So I have 3 in total.

With regards Slack, thanks for the suggestion. But I got prompted:  "Contact the workspace administrator for an invitation". How to get an invitation? I have nu clue who is the admin...

Anyone knows the answer?

Another question I have about staking:

If a SLR wallet has multiple private/public keys entries, is the change of Staking higher than in example when the same SLR amount are linked to only a single key pair?

You'd probably get a faster and better response at the SLR slack channel: https://solarcoin-group.slack.com

My understanding is that each SLR wallet is connected with only one private key. But when you say "key" are you referring to wallet addresses?

[1713984502]

1713984502

[1713984502]

1713984502

[vipgelsi]

Gonna try and get you an invite link.

[Scalextrix]

Anyone knows the answer?

Another question I have about staking:

If a SLR wallet has multiple private/public keys entries, is the change of Staking higher than in example when the same SLR amount are linked to only a single key pair?

No, on average you have the same chance to stake whether all your SLR is in one address or if it is split over many.  There is a minimum amount of SLR that is valid for staking TBH I never looked for what it is, but it is less than 1 SLR, so assuming you have at least 1 SLR on each address it doesnt matter.

Proof of Stake works by saying your chance of staking increases by the number of coins you have, so if you have 1000 and I have 10, you are 100 times as likley to stake in a given time period as me.  Now consider if your 1000 are on one addres, and I really have 100 addresses with 10 coins on each one, each of my addresses on its own has 1/100th of your staking potential, but I multiply that by 100 addreses and it is equal to yours.

[SolarcoinAddict]

Gonna try and get you an invite link.

Thank you very much in advance!

[SolarcoinAddict]

Anyone knows the answer?

Another question I have about staking:

If a SLR wallet has multiple private/public keys entries, is the change of Staking higher than in example when the same SLR amount are linked to only a single key pair?

No, on average you have the same chance to stake whether all your SLR is in one address or if it is split over many.  There is a minimum amount of SLR that is valid for staking TBH I never looked for what it is, but it is less than 1 SLR, so assuming you have at least 1 SLR on each address it doesnt matter.

Proof of Stake works by saying your chance of staking increases by the number of coins you have, so if you have 1000 and I have 10, you are 100 times as likley to stake in a given time period as me.  Now consider if your 1000 are on one addres, and I really have 100 addresses with 10 coins on each one, each of my addresses on its own has 1/100th of your staking potential, but I multiply that by 100 addreses and it is equal to yours.

Thanks for explanation, appreciated!

[roislecxe]

How come it looks Solar is slowly dying?
No volume, no real news, no (media)attention... If you don't search for it, you don't know about it.

I have Solar since 2014, sold a few in 2018.
This is the first time i wonder if things are going to be okay again.

(Not to mention the wallet, if you don't open it once in a while, you have to sync it for weeks if your unlucky, before you can reach your coins)

[javkot]

How come it looks Solar is slowly dying?
No volume, no real news, no (media)attention... If you don't search for it, you don't know about it.

I have Solar since 2014, sold a few in 2018.
This is the first time i wonder if things are going to be okay again.

(Not to mention the wallet, if you don't open it once in a while, you have to sync it for weeks if your unlucky, before you can reach your coins)

It's still an altcoin winter. Hopefully the fearful will sell their SLR for cheap now ... so I can buy more

Solarcoin coin-burn of 90% offline coins is a possibility being discussed.

[biodieselchris]

How come it looks Solar is slowly dying?
No volume, no real news, no (media)attention... If you don't search for it, you don't know about it.

I have Solar since 2014, sold a few in 2018.
This is the first time i wonder if things are going to be okay again.

(Not to mention the wallet, if you don't open it once in a while, you have to sync it for weeks if your unlucky, before you can reach your coins)

me too and I feel the same way. It is kind of sad, I was a big believer and held though the Jan 2018 run up and crash.

[javkot]

In the AMA call with Nick the other day, he mentioned the SLR coinburn is still a possibility, but likely won't happen until about 3-6 months down the road. SMA was also discussed and it was mentioned that initially it was only the "new" SMA users who were the ones aware of solarcoin, but that will hopefully change as SMA revamps their sunnyportal website. Several thousand new SLR users have already signed up through SMA. We are expecting more than 50,000 new solarcoin users through SMA alone.

Another change that has recently taken place is that solarcoin can now only be claimed going back to 5 years from the date of filing (it used to be back until 2010). Thus every month that a long-term solar energy producer does not sign up, could mean potential lost coins. This will give a greater incentive to sign up now, as opposed to a year from now. Additionally, it should be emphasized that there is absolutely no fee to sign up for a SLR grant.

https://medium.com/solarcoin/claim-your-solarcoin-now-each-day-passing-could-be-a-lost-reward-67b50c8e30a5

[dejan_p]

SLR getting removed from bittrex

[teo-pingu]

BITTREX The BTC-SLR market will be removed on 07/12/2019

  

[solarcoiner]

The whole team is a bunch of incompetent fools, this coin is officially dead now. Great work team. Thats what you get for no development in the last two years. Bravo

[Turing]

The whole team is a bunch of incompetent fools, this coin is officially dead now. Great work team. Thats what you get for no development in the last two years. Bravo

Too bad, it really had potential.

But tried to register my 16 solar panel PV setup to receive $0.06 worth of coins each year and they asked more information than my bank.

EDIT:

The SolarCoin Foundation then sends SolarCoins to the Claimant’s wallet at a rate of 1 SolarCoin per 1 MWh of verified electricity production. Claimants can save, exchange, or spend SolarCoins as they wish, and may receive ongoing grants over the next 20-30 years they generate energy.

Producing 4MWh each year, so that would be 4 SLR worth 1.5 cents each = $0.06  

[solarcoiner]

What a joke, congratulations to the devs who were to lazy to fix the wallet. Congratulations to the fools who kept
On releasing newsletters and thought it didnt matter that slr is only listed on one big exchange.
Its game over 

[mrbanjo]

The whole team is a bunch of incompetent fools, this coin is officially dead now. Great work team. Thats what you get for no development in the last two years. Bravo

In such a super competitive market, if you do not develop your product every month every week and every day, others will overtake you at the turn and take your place.
What we see here. The developers relaxed and now even the exchange gave them a red card. And they could become one of the largest projects having everything for this at the start.

[javkot]

#1. SolarCoin does not need bittrex to be successful. Bittrex is only one exchange. In the USA, SLR can be traded at Graviex and Livecoin. In Europe SLR is active at Lykke.

#2. The SolarCoin founders are currently in communication with bittrex and there is a chance this decision could get reversed.

#3. Even if bittrex delisted SLR, there is a 90 day window where we can get added back again if we demonstrate continued project potential.

#4. SLR is a 40-year project and A LOT can happen in the future. The founders have recently established a great partnership with one of the largest solar monitoring platforms worldwide (SMA), and they are in discussions with other platforms as well.

#5. The bulk of the SolarCoin network is made of people who are not active crypto traders and who receive SLR grants on a regular basis for their solar energy production. This core network of users will only continue to increase over time.

#6. SLR coinburn is a likely possibly in the near future, and this will create significant renewed interest in this project.

#7. The current buy support at bittrex is higher now than it has been in a while because many traders realize this is a good opportunity to get into the SLR market at a low price. Buy the fears of the panic sellers.

#8. The winners in the end are those who have persistence. SLR is a viral project by nature, and with persistence then it is only a matter of time before it goes viral.

[Scalextrix]

Project is far from over because one centralized entity chose not to use it anymore.  It used to be crypto people didnt care what centralized entities thought or did, decentralization was what mattered; now its all just about fiat gainz, how sad.

When the coin is in the hands of millions of people, we will see if exchanges are interested then.

[mrbanjo]

Project is far from over because one centralized entity chose not to use it anymore.  It used to be crypto people didnt care what centralized entities thought or did, decentralization was what mattered; now its all just about fiat gainz, how sad.

When the coin is in the hands of millions of people, we will see if exchanges are interested then.

+100

+1000%

We must not forget that the community is most important in any project.
And what the team says is complete nonsense.
After leaving the bittrex, many withdrew from the project. The community has recently decreased several times and the number of active wallets has decreased tenfold.

[solarcoiner]

#1. SolarCoin does not need bittrex to be successful. Bittrex is only one exchange. In the USA, SLR can be traded at Graviex and Livecoin. In Europe SLR is active at Lykke.

#2. The SolarCoin founders are currently in communication with bittrex and there is a chance this decision could get reversed.

#3. Even if bittrex delisted SLR, there is a 90 day window where we can get added back again if we demonstrate continued project potential.

#4. SLR is a 40-year project and A LOT can happen in the future. The founders have recently established a great partnership with one of the largest solar monitoring platforms worldwide (SMA), and they are in discussions with other platforms as well.

#5. The bulk of the SolarCoin network is made of people who are not active crypto traders and who receive SLR grants on a regular basis for their solar energy production. This core network of users will only continue to increase over time.

#6. SLR coinburn is a likely possibly in the near future, and this will create significant renewed interest in this project.

#7. The current buy support at bittrex is higher now than it has been in a while because many traders realize this is a good opportunity to get into the SLR market at a low price. Buy the fears of the panic sellers.

#8. The winners in the end are those who have persistence. SLR is a viral project by nature, and with persistence then it is only a matter of time before it goes viral.

1- Bittrex was the only trustworthy exchange that had SLR listed. Have you ever even had a look at Graviex, Livecoin or Lykke? The volume is a joke, solarcoin wont get any liquidity from these exchanges.

2- SLR was already going to be delisted back in 2014, and the decision got reversed, I'm sure it wont happen again. This time it's going away for good. Bittrex is just removing all the crap that costs them more in server costs than what they actually make off of fees.

3- Why on earth would bittrex relist solarcoin if they can list other coins that actually get traded and have volume? They are in the business of making money, not losing money.

4- All of this wont make a difference. You can have all the partnerships in the world but without a trusted exchange it's game over. It's a 40 year project that will end after 6 years.

5- The core network of users will increase? Why on earth would that happen? why would anyone claim solarcoin if you cant even dump them on a proper exchange ?
How can the price increase on exchanges where there is no volume? Why would any trader even think about putting funds on any of these exchanges if there are better safer options out there?

6- The coinburn wont change jack shit. Again, why on earth would that generate interest in the coin? it makes no sense whatsoever.

7- that's right, the buy support is there. Because some traders realise you can easily pull of an exit pump before the coin gets delisted. LOL

8- The winners in the end are those who dumped their SLR and moved on to other projects. Those people are the real winners. Anyone still holding SLR is a huge loser and persistence wont change the facts. its at 100 satoshi incase you haven't realised. It's only a matter of time before it goes viral? you really need to tell me what drugs you are taking, you must be high as fuck right now if you really think SLR is going viral soon.

[vipgelsi]

Wow doom and gloom the sky is falling... Continue to buy high and sell low    hmm the price is low right now i wonder what we should do?