Solarcoin wallet
The most secure hardware wallet for your Solarcoin
Protect your Solarcoin with Tangem, the leading choice for thousands of savvy investors worldwide!
How to secure your Solarcoin with Tangem?
When you buy or hold Solarcoin in Tangem, it secures your private keys in many ways:
- With the seedless setup and smart backups on extra devices, your Bitcoin is safe and accessible only to you.
- Tangem is IP69K water and dustproof, built to protect against extreme temperatures, EMPs, ESCs, and X-RAYS.
- An access code and biometric authentication protect against unauthorized access.
- Private keys are generated and stored on its EAL6+ CC secure element.
How to get a Solarcoin Crypto Wallet?
Tangem products are for everyone, from beginners to experts. They keep your crypto safe and easy to manage. With cutting-edge technology, Tangem lets you control and protect your digital assets.
Get TangemWhy choose Solarcoin wallet with Tangem.
Privacy
No registration and KYC required to use the app. We don't track your data.
Security
Your private keys are encrypted and never leave your device. Only you have control over your funds.
Convenient designs
Choose from a variety of elegant designs, including unique co-branded editions and our innovative ring-form factor wallet, ensuring both style and functionality.
24/7 Customer care
Fast support for your needs. Live chat and email support for customers from all over the globe.
What is Solarcoin (SLR)?
Solarcoin is an innovative form of digital currency based on the Scrypt algorithm, specifically created to boost solar energy production. It employs a novel mechanism named the Solar Proof of Work, designed to financially reward producers of solar energy. For every megawatt-hour (MWh) they produce, they earn Solarcoins (SLR). This system seeks to enhance solar energy adoption by offering financial payouts to owners of solar power installations.
What are the main features of Solarcoin?
The distribution of Solarcoin is organized into three significant pools:
The Mining Pool: Featuring 105 million Solarcoins, this pool represents a mere 0.1% of the entire supply and is accessible for mining by the public over a span of 40 years. These coins pertain to solar electricity generated in the past that has not been claimed.
The Generator Pool: This vast pool contains 97.5 billion SolarCoins, accounting for 99.4% of the overall supply. It is housed within the OCA non-circulating generation pool account, ready to be exchanged for verified Solar Proof of Work claims over the coming 40 years. The exchange rate is set at 1 SLR per MWh of produced solar energy.
The Genesis Pool: Comprising 500 million Solarcoins, this pool represents 0.5% of the total supply. It is earmarked for environmental charities, pioneering volunteers, advisors, developers, and maintainers of the SolarCoin system. Circulation from this pool is capped to ensure it does not exceed 5% of the total Solarcoin circulation.
How does Solarcoin work?
For solar energy producers to claim their Solar Proof of Work rewards, they need to present energy generation certificates that have been verified by a third party, such as a Solar Renewable Energy Certificate (SREC) or an equivalent document specific to their country. These rewards are documented as transactions on the blockchain, promoting transparency and accountability. This approach not only accelerates the growth of solar energy but also weaves it into the digital currency landscape, fostering a sustainable and eco-friendly model for cryptocurrency.
Solarcoin SLR
Tangem supports other cryptocurrencies
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See all supported cryptosSolarcoin FAQ
- For storing and using SLR, Tangem Wallet is a strong choice thanks to its offline key storage and mobile-friendly design.
- Yes, software wallets are generally free. Hardware wallets, such as Tangem Wallet, come with a purchase because they include secure physical components.
- Online wallets can be targeted by malware, phishing, or remote attacks. The best wallets for Solarcoinminimize these risks by ensuring your private keys never come into contact with the internet, remaining protected within a secure element.
- A Solarcoin wallet stores the keys that give you access to your SLR. It can be software-based or a hardware wallet like Tangem for higher security.
- SolarCoin isan open community project that rewards solar energy producers with digital tokens at the rate of one SolarCoin (SLR) per one MWh (Megawatt hour) of solar energy produced. Since the tokens originate when a solar MWh is produced, the protection of natural capital is inherent to its value.
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