Post
Topic
Board Announcements (Altcoins)
Re: [ANN][SLR] SolarCoin - PoW reward for solar energy | the GREEN KING of Crypto
by
seerhaad
on 04/08/2014, 19:38:44 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.

Finally I managed to setup a Solarcoin Pool  Grin Grin Grin

I am mining there now and testing block finds and payments. This pool is mostly for learning purposes. When the new source code available, I will update it. If the big pools refuses to upgrade, we can use this pool. If needed, I can give administrator user and passwords to the Solarcoin Board.

It uses a medium size server with 2 cores and 3.5GB ram. I can easily upgrade server later.

http://slrpool.cloudapp.net/MPOS/public/index.php

I registered but my confirmation email was never received. Sad

I am using very basic email service Smiley Did you check your spam folder ?