I was mining early on, have been following things for the last few months, and am really excited about the recent developments with solarcoin.

For one thing, it’s very impressive that the fork went so well. After that, it’s easy to be confident the switch to POS in a month will go well, too.

And I really like the solarcoin strategy of reducing the block reward size gradually before the switch. No dramatic, sudden change to POS. Everyone has a month to see what’s going on and mine the coins they want.

I can’t wait to see how the exchange price responds to the block reductions and then POS. Someone mentioned it earlier in this thread, and I certainly agree that it’s wise to only invest money in crypto that you could afford for the investment not to go well with.

That said, I can absolutely see this coin being worth orders of magnitude more than it is now. There are so many garbage alt coins out there, but this is not one of them. This coin has a real purpose, a real plan, and a real team behind it. And finally, looking at how the price has risen of late, it seems more and more people are starting to notice.

Exciting times for SLR!

+8 

More comprehensive list here:

http://wiki.solarcoin.org/index.php?title=International_Press_coverage_of_SolarCoin

Hi Guys,

So i have a question... When we move to POS is approx 30 days, how do I remove the encryption from my wallet as to mine new coins?
From what I understand, it is not possible to mine coins when the wallet is encrypted.

Thanks

That's one of my questions too (among others  ). I assume this is something on the list for testing and if there is a specific set of steps we have to take, that will be communicated in advance. Josh has been pretty consistent with popping into this thread so my guess is he (or Eric) will gradually communicate some of these techy answers to us as the development progresses.

So is there any progress or work on getting this coin to solar companies? I guess who's in charge, is there team of people working actively on this coin, or is it passive?

New to this coin, and invested some, but would like to see if there is a roadmap, or plans that are active, and updated often in place?

Honestly I think the group should reach out as far as Google and Elon Musk!  In all seriousness...

I think you have to have the wallet open in order to generate new coins. If this is the case we will need instruction now as to whether we need to send the coins to a new wallet. They need to mature for 30 days don't forget.

Unless the code has been re-written for this coin, the process is as follows:-
You need to have mature coins in your wallet. You need to have your wallet running as a node (and so supporting the network) in order to gain 'coin-weight'. You should protect your wallet by encrypting it. Just owning coins in a wallet is not enough, the wallet has to run as a node (supporting the network) in order to gain 'coin-weight'. In the bottom right hand corner the padlock icon should be closed with tip-box stating The wallet is encrypted but locked.

To collect your coins you will need to open the wallet for 'staking' or 'minting' (not 'mining'). Some wallets have a button or setting which will do this for you, but I don't see one on wallet v1.5.0.0-beta. Instead you need to go Help -> Debug Window -> Console and enter the command "walletpassphrase <yourpassword> 180000" The number is time in seconds, you may prefer a longer time. Now the padlock icon should change to open, and the tip-box to The wallet is encrypted and currently unlocked. And that's all you need to do.

Of course what is going on behind the scenes is much more complicated. You will not get all your staked coins as soon as you unlock the wallet, it may take several hours until something happens. Your minted coins will probably not be in one transaction. The label may be confusing. There is an element of randomness involved in minting, just like there is an element of randomness with ordinary mining. Any % value you have been given is just the average expected over time. You will also see coins that appear to have come in but which never mature, consider these to be like orphans.

Unless the coin devs have included 'coin-control' there is another hidden pitfall. When you make a payment, some of your coins get sent to a 'change address' in your wallet. These coins will then need to mature as if they were new coins. Again, I don't see coin control in wallet v1.5.0.0-beta.

HTH