🎉Solar Mainnet Launch!

Today, March 28, 2022 at 18:00 UTC, marks the official launch of the Solar Mainnet!

What Is Solar?

Solar started as an ERC-20 and BEP-20 token on the Ethereum and Binance Smart Chain blockchains. After many months of hard work by the development team, Solar is finally ready to migrate to its own decentralized blockchain based on ARK Core, with SXP being its native token.

With Solar’s Side Ledger Protocol (SLP), users will be able to create their own fungible and non-fungible tokens. This means users can make ERC-20/BEP-20 compatible tokens as well as NFTs. The Solar wallet will seamlessly support these tokens.

Quick Rundown

  • Solar uses DPoS (Delegated Proof-of-Stake) to achieve consensus
  • 1 SXP = 1 Vote
  • 53 total delegates (Yes, we’re hoping to be one of them! 😉)
  • 8 second block time
  • 53 delegates forging every round with 530 SXP forged per round
  • Most transaction fees are burned

For more details, check out the whitepaper.

Our Delegate

We are lucky enough to launch delegate biz_classic on Solar as a genesis block delegate. This means we’ll be forging on launch, but we will need your votes to stay in. If you like what we do, send some votes our way!

We’ve been forging on Solar’s Testnet for the past few months and we are ready to launch with everything voters love about our ARK delegate.

That means:

  • Customizable payouts
  • Per-block compounding interest to maximize voter rewards
  • Free SXP faucet (!!)
  • Triple faucet rewards for voters (!!!)

Throughout the past five years, we’ve become the most decentralized ARK delegate by supporting the largest number of voters. We aim to continue our tradition of serving the little guy in Solar. Head over to our Solar Delegate website and vote for biz_classic!

--

--

--

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

Dubai Sets New Crypto Law and Regulatory Authority

Tokamak Network Biweekly Report #6 [EN/KR]

Send DAI / USDC (or any ERC20 token) to a smart contract

MCS | El Salvador, The Country of Bitcoin

51% attacks and the future of PoW

Bitcoin whale holdings at 7-month highs despite warnings of BTC price crash to $20K

Mo Works’ Top Tips to Getting Around Publisher Bans

Kind of a Newsletter: Otherdeeds!

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
biz_network

biz_network

More from Medium

Fintropy Dev Updates

The Binance DeFi Wallet — Cryptos like $SHIBARMY can now be traded within the Binance Mobile App

ParallelChain Testnet 1 is LIVE.

Token Portal Instructions