SolarCoin having symbol SLR is a cryptocurrency to incentivize global solar electricity generation. The supply of SolarCoin is designed to last forty years, delivering incentives for generating 97,500 TWh of solar electricity.SolarCoin is backed by two forms of proof of work. One is the traditional cryptographic proof of work associated with digital currency. The other proof of work is a third-party verified meter reading representing 1 MWh of generated solar electricity. SolarCoin is equitably distributed using both of these proofs of work as a means to reward solar electricity production.
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