Credits CS to SolarCoin SLR Exchange

Crypto Pair Details: CS to SLR

Credits CS

CREDITS platform offers a new and unique technical implementation of blockchain technology with autonomous smart contracts, data protocol and its own internal cryptocurrency. We strive to achieve unique technical parameters of the network – more than 1,000,000 transactions per second. The average processing time of each transaction starts from 0.01 second with a very low cost of each transaction (as low as 0.0001%). CREDITS team has developed the MVP (Minimum Viable Product) and have confirmed the technical feasibility of implementation by industry experts.

SolarCoin SLR

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.

SOURCE: COINGECKO

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