DigitalBits XDB to SolarCoin SLR Exchange

Crypto Pair Details: XDB to SLR

DigitalBits XDB

DigitalBits closes the gap of blockchain adoption by integrating with consumer apps - unlocking value in the pockets of millions. DigitalBits is a third generation protocol over the former Stellar network, that’s tackling the challenges of usability and mainstream adoption. By bringing together technology, team and enterprise-grade execution, DigitalBits is bringing crypto to the masses. Backed by some of the top-tier crypto funds and advisors, DigitalBits targets an enterprise go-to-market strategy with a focus on the points economy - further accelerating the adoption of blockchain technology into society.

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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