Post
Topic
Board Announcements (Altcoins)
Re: [ANN][SLR] SolarCoin - PoW reward for solar energy | the GREEN KING of Crypto
by
seerhaad
on 03/08/2014, 11:23:33 UTC
Since the ultimate goal is PoS, why favor Option 1 over Option 3?

I vote Option 3, unless for some reason people think Option 1 would lead to a larger price rise.

Option 1 or 1B would produce a couple million fewer coins into circulation, so the price might rise a bit faster and higher. But I don't think it would be a big difference. We might have 33 million coins in circulation when we switch to PoS instead of 35 million, something like that. About 5-10% fewer coins.

Option 3 might give us a somewhat better chance of persuading pools to switch to the fork. But I don't know enough about how pools operate to have an informed opinion about those prospects. Anyone want to weigh in that?

Instead of persuading pools, why don't we setup our own Solarcoin pool with 0 pool fee ? It cant be so hard. If there someone experienced about pool setup, I can provide a server on azure.

I assume you mean for the purposes of forking the coin successfully once the algorithm is done?

Yes exactly.

We can start trying build a pool fot the current algorithm and when the new one is ready, replace it.

There's a generic pool that can be built in linux fairly easily. Or I can set up a 24 hour wallet and you all can just direct all your hashing power to me, heh heh heh. Cheesy



 Cheesy

I have an online linux server. Let me try to build a pool. If anyone interested to help i can give ssh and login information.