A Digital Revolution in Solar Power

Solnova is a valuable digital currency created as an incentive to solar producers. They are tradable through digital currency exchanges and can therefore be converted to hard currency.

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Our mission is simple

For A Better World

Do you know of schools, businesses and organisations that would benefit from going solar?


Solar cells purchased through the Solnova Ecosystem are leased to hospitals, factories, schools, with pricing that tracks changes in local energy prices and inflation.


Energy consumers at the solar projects benefit from affordable electricity for no upfront cost, and pay for the solar electricity consumed to replace power from grid connections, diesel generators, and other dirty energy sources.

" Together we can solar power the world "
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Good For The Environment

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Reduce Our Carbon Footprint

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Causes Less Electricity Loss

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make use of vacant land

Technology

Record The Value

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Transparency and Secured

Transactions are logged into one ledger and its written once.

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Integrity Transaction

Logging is according process to the protocol, clear to anyone participating.

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Ecosystem Simplification

No need for layers of third-party add-ons to protect data or authorization.

Blockchain

Statistics

Solnova Core

High Scalability Privacy Payment Solution

Anybody knows the success of Bitcoin. The Coin who have initiate the Blockchain Technology. No needed to longer present others populars altcoins who had to make the technology grown.

Solnova is an experimental digital currency that enables instant, private payments to anyone, anywhere in the world. Solnova uses peer-to-peer technology to operate with no central authority: managing transactions and issuing money are carried out collectively by the network.

Users hold the crypto keys to their own money and transact directly with each other, with the help of a P2P network to check for double-spending. Solnova Core is the name of the open source software which enables the use of this currency.

1: Solnova Specification

  • * Coin Name: Solnova Coin (Ticker: SNV)
  • * Algorithm: X11 (PoW & Masternode)
  • * Block Size: 3 MB (~1,440 Blocks/Day)
  • * Block Rewards: 01 SNV/Block (PoW: 50%, Masternode: 50%)
  • * Pre-Mined: ~13.8% (Total 5,000,000 SNV)
  • * Max Supply: 36,000,000 SNV

2: Masternode Network

Masternode is a full node on a decentralized network and that store the entire blockchain. They both verify transactions and blocks. Among other things, they differ from ordinary nodes in that a certain amount of coins must be deposited on them. No masternode is quite alike as each network has its own pros and cons, but with that said, every system approaches payouts in a different way. Some cryptocurrencies pay out rewards to masternode operators multiple times in a day, whereas other projects payout operators once daily. The benefit of this dynamic is that operators can still earn money and provide a service to the network without having to invest in expensive cryptocurrency mining gear. SOLNOVA Masternodes get 50%/Rewards, fixed by the network. Masternode require 10000 SOLNOVA to pay the collateral.

The cost associated with running a masternode creates a hard and soft limit of active nodes on the network. Currently with 5 million SOLNOVA in circulation.

3: Proof-Of-Service

As a proof-of-concept, our first implementation included PrivateSend and InstantSend. By utilizing what we call proof-of-service, we can require that these nodes are online, responding and even at the correct block height.

4: Mining

Cryptocurrency mining, or cryptomining, is a process in which transactions for various forms of cryptocurrency are verified and added to the blockchain digital ledger. Also known as cryptocoin mining, altcoin mining, or Bitcoin mining (for the most popular form of cryptocurrency, Bitcoin), cryptocurrency mining has increased both as a topic and activity as cryptocurrency usage itself has grown exponentially in the last few years.

Each time a cryptocurrency transaction is made, a cryptocurrency miner is responsible for ensuring the authenticity of information and updating the blockchain with the transaction. The mining process itself involves competing with other cryptominers to solve complicated mathematical problems with cryptographic hash functions that are associated with a block containing the transaction data.

The first cryptocurrency miner to crack the code is rewarded by being able to authorize the transaction, and in return for the service provided, cryptominers earn small amounts of cryptocurrency of their own. In order to be competitive with other cryptominers, though, a cryptocurrency miner needs a computer with specialized hardware. Actually 0.5 SOLNOVA as 50% rewarded each blocks.

5: Denial-of-Service (DOS) Resistance

Authentication is a promising way to treat denial-of-service (DoS) threats against nonpublic services because it allows servers to restrict connections only to authorised users. However, there is a catch with this argument since authentication itself is typically a computationally intensive rocess that is necessarily exposed to unauthenticated entities. This means that the authentication protocol can become a source of denial-of-service vulnerability itself, thereby causing the same problem it is aimed at solving.

6: X11 hashing algorithm

The X11 algorithm is a proof-of-work hashing function that was developed by Evan Duffield and implemented into the Darkcoin protocol in 2014, later renamed to DASH. X11 was developed and selected by Duffield as the algorithm of choice because of the inherent resistance that it had at the time to Application-Specific Integrated Circuits, or better known as, ASICs.

X11 works by combing 11 individual hash functions (hence the number 11 in X11) into one algorithm. When a value is submitted, the first function produces a hash which is then submitted to the following function to produce another hash. The X11 algorithm is comprised of the following hash functions:

  • * BLAKE
  • * BLUE MIDNIGHT WISH(BMW)
  • * Grøstl
  • * JH
  • * Keccak
  • * Skein
  • * Luffa
  • * CubeHash
  • * SHAvite-3
  • * SIMD
  • * ECHO

7: Mining Supply

A different approach to restricting the inflation of mining is taken in SOLNOVA, halving each 210000 Blocks. This is done as opposed to halving implemented by other currencies. In addition supply each block is directly tied to the amount of miners on the network; more miners result in lower mining rewards.

Production of SOLNOVA is scheduled to carry on throughout this century and onto the next, slowly grinding down until finally near the year 2150, production will cease.

8: Conclusion

This paper introduces the SOLNOVA Network Concept. Young blockchain which use advantages of Privacy Coins with an alternative Masternode Network.

Our Assets
Exchange Rate
Bitcoin

BITCOIN

0.00001537 BTC
Tether-USDT

TETHER USD

1.04000000 USDT
Icon Solnova Coin
Roadmap

Timeline

Q1/2020
Technical Research and Development SNV Cryptocurrency
Q2/2020
Solnova Community Airdrop initial distribution
Q3/2020
Decentralize Network to Buy&Sell Development
Q4/2020
Publish wallet website and mining Solnova.
Q1/2021
Listing on more exchanges, expect the value to reach $1
Q2/2021
Generate and sell solar electricity to emerging markets
Q3/2021
Implementation of Global Marketing Campaign
Q4/2021
Issuing Visa/Master Credit. Expect the SNV Value to Reach $100
2022
Co-Operate with the World-Leading Technology Companies
2023
Expect the SNV in TOP 10 CoinMarketCap and Value to Reach $1000
Our Expert

Specialists Team

Richard Meyer Werner

CEO of SOLNOVA

Jonas Robinson

Finance Director

Alexandre Masselis

Solar Project Manager

TIMOTHY LAACK

Technical Director