I'd like everyone to consider taking a few minutes of your time and thinking about what's happened:
I got into Solarcoin a little over 2 years ago when it all started. I chose to invest because I like the idea behind this coin very much, AND because for the price it was a very good deal because at the time there were only a few million in circulation. Up untill yesterday there were a little over 34 Million Solarcoins created. That's almost the same amount as litecoin, so I can really see the potential of this coin if demand starts rising.
HOWEVER since yesterdays fork at block 830000 after the implementation of POST a sh*tload of new coins have been created out of thin air effectively making me and many others very rich at current SLR prices. These interest payments wont be confirmed untill 350 more blocks or so, that means we still have time to revert the change and go back to where we were before POST.
I suggest looking into the interest code as y_virtual said and try to find the error. like he said something like /100 sounds about right.
IF we choose to keep everything as it is i'm afraid solarcoin is doomed. Think about it , the orderbook on bittrex (the only exchange at the time being) is so thin, I could wipe out all the buy orders with my first interest payment and still have more SLR than I started off with. At the time being it looks like over 20 Million new SLR coins have been created.
It's basic supply and demand guys, you don't need to be a rocket scientist to understand that the price would collapse and Solarcoin would have a VERY hard time surviving.
Let me finish off by saying if things stay the way they are I no longer want to be part of this community.
Up untill now I have been very happy with the way Solarcoin was headed but this is simply crazy.
I hope the developers will come to their senses and switch back to mining for the time being
yes and no solarcoiner - there's actually ~98.1B SLRs that will come into existence, and in fact, have already been minted just waiting to be distributed. So 34M, or 10X, or even 100X that is really very little compared to the total. What's shifted, and really only slightly so, is the number that will eventually be awarded for solar energy production versus those that miners/stakes have/will be getting. This was important to consider even prior to the fork because it says a lot about trusting the Foundation: they control, at what is priced right now at ~3/4 of a cent, some $750M in coins that are contracted by the Foundation to be distributed in a very certain way. But unlike crypto-trust, this is people-trust, and a lot of things could happen to SLR if say 10X or 100X price appreciation occurred. Examples include theft or loss of one of the premined MWh payment private keys or internal malfeasance at the foundation. I'm not saying whether it's likely or my personal prediction (I too bought coins in the spring of 2014 because I like the concept), but it is obviously possible.