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RE: Why You Should Invest in SolarCoin
like the discussion you created, thanks. Wondering if there could be a climate treaty in the future where governments could agree to effectively subsidize solar by purchasing these coins as an incentive to producers. Can anyone here elaborate more on the proof of work portion?
@jeffkurzon - proof of work is that you demonstrate you have ownership of the solar installation (installation certificate, installer invoice, meter readings etc). Your solar panels then do the work. At present the SolarCoin Foundation is estimating your installation's production, work is afoot to connect actual readings to the blockchain and then hence to issuing SLRs based on those readings. @scalextrix 's blog has more...