It encourages decentralization and allows you to control what happens to your assets without a middleman or other centralized entitiesโฆ twitter.com/i/web/status/1โฆ
THREAD OUTLINE๐ชก ๐งต
Read Till the end to know when Bull Market Starts. ๐ ๐๏ธ
๐โ Introduction
๐โ How It Works
๐โ The Problem
๐โ The Solution
๐โ Features
๐โ Token Allocations
๐โ Tokenomics
๐โ Roadmap
๐โ Team
๐โ Partnership
๐โ Conclusion
๐ข INTRODUCTION
@SolareumChain is a renewable energy generation-based blockchain where producers and consumers can trade renewable energy peer-to-peer on a decentralized renewable energy marketplace without intermediaries..
It is powered by smart contracts to ensure that transactions are secure, transparent, and automatic.
With Solareum, we can finally say goodbye to centralized energy entities and intermediaries.
๐ข HOW IT WORKS
The system enables producers and consumers to be selected secondarily as a validator based on their holdings percentage of the native coin.
It operates on a dual dynamic validation system.. โฌ๏ธ
โ Proof of Generation (POG)
โ Delegated Proof of Generation (DPOG)
These systems will act like a fall-back mechanism that automatically balances to ensure that validation capacity is always sufficient, the system is future-proof.
Future utility of the coin will be:
โ Access to the renewable energy system.
โ Purchasing renewable energy on the marketplace.
โ Having access to its application systems.
โ Creating additional incentives to hold the native coins within the system.
๐ข THE PROBLEMS
The Blockchain technology was created to be decentralize but has not yet worked out as planned.
The problems are:
โ Itโs impossible to capitalize on renewable energy generation-based revenue without that revenue going through the centralized systems.
โ The traditional systems are open to manipulation by centralized entities.
โ Itโs impossible to share, exchange, trade, or monetize generated energy in a decentralized way within the traditional system.
โ Producers and consumers are being faced with settlements and taxes.
๐ข THE SOLUTION
As I said in the beginning of this thread, the solution is @SolareumChain
It has so many great Features to save us from Centralization.
๐ข FEATURES
โ Peer-to-peer decentralized renewable energy marketplace.
โ Proof of Generation consensus mechanism.
โ Transaction validation, Block validation
Block verification, and confirmation.
โ Delegated Proof of Generation consensus mechanism.
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