What Is SolarCoin Cryptocurrency?

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After Bitcoin showed the world what blockchain technology could do, many projects began thinking about how to incorporate blockchains into every part of our lives. One such project is SolarCoin, a cryptocurrency focused on the solar power industry and offsetting the large costs associated with the installation of such systems. What is SolarCoin? SolarCoin (SLR) is a cryptocurrency designed to incentivize decentralized solar power generation by rewarding solar electricity generators per megawatt hour. Launched in early 2014, SolarCoin has similar code to Bitcoin, but implements two ways of minting SolarCoin and distributing it within its ecosystem. The first is the familiar Proof-of-Staking consensus algorithm that

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