Solar Overview
DPoS Instead of Proof-of-Work or Proof-of-Stake, Solar uses a Delegated Proof-of-Stake consensus algorithm. This is much more energy-efficient than POW and more representative than POS. DPoS allows for faster transaction times- in SXP’s case, 8 seconds to confirm.
Voting The common users use their wallets to vote for delegates who secure the network and create new SXP tokens. 1 SXP = 1 Vote Weight and this helps prevent delegate cartels that muscle out other delegates. The top 53 delegates voluntarily share the new SXP tokens with their voters, increasing the voters’ holdings through inflation that decays towards zero over time.
Wallets Solar has beautiful desktop, mobile, and browser wallets that focus on ease of use for the general public. The wallets run immediately without needing to sync the blockchain, and users receive voting rewards even when their wallets are offline.
Programming Languages Solar caters to all developers by allowing them to enhance their newly created blockchain through 18 different programming languages. This gets developers quickly up to speed and comfortable using Solar to enter the blockchain space.
Solar Community Fund The SCF is a fund whose purpose is to support community-driven Solar-related endeavors. Community-elected board members decide what to do with SCF funds, and which projects to accept.