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SLR
Exchange
USD
Market Cap
$18,534,405
24h Low / 24h High
$0.46226 / $0.52246
24 Hour Trading Volume
$138,613
Complete Metrics Score
Total32%
Major Exchanges Trading Activity
Liquidity26%
Source Code Repository Activity
Developer36%
Social Media & Discussion Board
Community7.7%
Market Cap $18,534,405
24h Low / 24h High $0.46226 / $0.52246
24 Hour Trading Volume $138,613
Complete Metrics Score
Total32%
Major Exchanges Trading Activity
Liquidity26%
Source Code Repository Activity
Developer36%
Social Media & Discussion Board
Community7.7%
SLR
Exchange
USD

Solarcoin (Overview)

About

Solarcoin is a Scrypt based alternative digital currency and its innovation comes from the secondary proof of work reward: the Solar Proof of Work. Green solar energy producers are entitled to receive one SLR for every MWh electricity generated. In order to claim a Solar Proof of Work reward, solar plant owners must submit 3rd party verified energy generation certificates such as a Solar Renewable Energy Certificate (SREC) or equivalent country specific documentation. All Solar Proof Of Work rewards will be stored as transactions in the blockchain.

The supply of SLR comprises of the following:

- The Mining Pool: 105 million Solarcoins (0.1%) to be publicly mined over the next 40 years. All publicly mined Solarcoins represent historically generated and unclaimed solar electricity.
- The Generator Pool: 97.5 billion SolarCoins (99.4%) are currently stored in the OCA non-circulating generation pool account. These will be exchanged for Solar Proof of Work claims of solar electricity generation submitted over the next 40 years at the rate of 1 SLR per MWh of solar energy.
- The Genesis Pool: 500 million Solarcoins (0.5%) are stored in the genesis pool account for environmental charities, early volunteers, advisers, builders and maintainers of SolarCoin infrastructure. Genesis pool circulation is capped so that it will never represent more than 5% of total Solarcoin in circulation.

Genesis Date December 21, 2013 (almost 4 years)
Hashing Algorithm

Scrypt

Hashrate
Block Time

1.0 Minute

Available/Total Supply

38.4 Million / 98.1 Billion