Solaris - Image Courtesy of SolarisSolaris (XLR)

Solaris is a decentralized open-source cryptocurrency that seeks to enhance privacy, security as well as providing long-term energy-efficient scrypt-based coins. It is an environmental friendly Proof of Stake (PoS) consensus protocol that has established a self-sustaining and privacy-focused cryptocurrency that began in April 2017.
CURRENT VALUATION
0.46 mln
THE HIGHEST VALUATION
39.60 mln
CURRENT YEARLY RETURN
18%

Interesting Facts

  • Solaris has extremely fast transaction speed. Users can instantaneously send XLR amongst themselves with ZERO confirmation wait time.

  • Solaris utilizes the Zerocoin protocol, enabling completely anonymous and untraceable transactions.

  • Solaris is a coin that utilizes industry best practices to allows easy integration with existing technologies and platforms.

  • Solaris utilizes Masternode technology, Masternode operators have ability to lock transactions with SwiftTX and can vote on budget funding.

Project in a nutshell

Solaris is a free open source project derived from to provide a scrypt-based digital currency that is long-term and energy-efficient. It has taken part and participated in building the next generation cryptocurrency exchange. The Solaris platform is striving to maintain sustainable growth, development and fair practices within the cryptocurrency coin space. Solaris is gaining popularity through various commerce and crypto-related integrations. One of the significant projects that Solaris has taken part in is building the next generation cryptocurrency exchange (txbit).

Which exchanges is this coin listed on?

CONTENT BELOW SUITED FOR MORE ADVANCED USERS

More in-depth review of the project

Solaris utilizes the best practices, features and ideas from DASH, PIVX and Zerocoin. The following are some of its salient features: - Masternodes - It is the first cryptocurrency which enables a secondary layer of rewards for operating a masternode or actively staking XLR. Masternodes secure the network while providing essential functionality to Solaris such as locking transactions with Swift TX and voting on budget funding. - Proof-of-Stake consensus mechanism; this allows any XLR holder to secure the network, and be rewarded in the process by creating new blocks. - The Seesaw Reward Balance System; the purpose of this feature is setting the block reward size between masternodesA and staking nodes.

Future plans

  • The Solaris platform has the potential of taking over other privacy coins. Its primary goal is to settle near-instant and private transactions while employing a sustainable development and added value proposition both crypto and real-world use. XLR will play a major role in cryptocurrency exchange txbit.

Solaris - Image Courtesy of Solaris
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