Post
Topic
Board Announcements (Altcoins)
Re: [ANN][SLR] SolarCoin | PoW to PoS v. 2.0 | Solar Proof of Generation (§1 = 1MWh)
by
mattwj44
on 01/07/2019, 17:29:29 UTC
I've been an SLR supporter since DAY 1, even tried to make a podcast about it. Sad to say that while i LOVED the ideas this project tried to tackle, it never took off because some centralized group has to issue the coins after people "claim them". (too slow, too centralized)

This reason alone is enough to kill the project, not to mention the other things already discussed like 1) Lack of Devs 2) Lack of use 3) Lack of volume or people talking about it

At this point, I'm hoping that one day someone makes an ASIC-like machine that people could use to prove they are capturing solar energy, which would then automatically grant them SLR to the wallet of their choice. Sadly, even if this did come into existence, it's more likely that someone would rather use it for a well-known coin like BTC. (not to mention that it's been proven BTC mining gives incentive to people who find cheap/renewable sources of energy to maximize profits naturally out of competition)

I still keep the original 700 coins I mined when the project first came out, but after the Trex delisting I've given up any hope if it ever being worth something, or even used at all for more that speculation. If no one is investing, no one developing, and other coins (like BTC) are so prevalent, why would anyone choose SLR?


TLDR: This project is likely dead so support it all you want, but please don't throw your money away by trying to invest in it because the use case is just too soon for this world