Traditional blockchains are primarily energy consuming. Solareum’s approach reimagines this by tying validation to renewable energy generation, offering an eco-friendly alternative.
There’s a rising global commitment to
sustainability combined with a growing emphasis on decentralised energy ecosystems, focused on renewable sources.
PoG is not just eco-friendly. It eliminates the vulnerabilities of centralization and manipulation that is rife in traditional systems.
$JUL
Serves as Gas to facilitate transactions and executes smart contracts.
$SLM
Store of value, required to mint $JUL and utilize GEM energy monitor (Node).
Innovation
Solareum L1 introduces the revolutionary Proof of Generation, focusing on precise electron flow tracking and energy generation correlation.
Data Collection
Seamless and accurate through state-of-the-art third-party hardware
smart sensors and FPGA hardware equipped with Solareum's algorithmic software.
Computation
Data processed post rigorous computation and validation, optimizing Solareum L1's performance.
Security Boost
BLS12-381 elliptic curve with 128-bit security employed for zk-SNARK proof reporting. Ensures genuine and trustworthy energy generation records.
In January 2022, the European Securities and market authority advocated for a move away from the energy-intensive Proof of Work (PoW) model to the more sustainable Proof of Stake (PoS) model.
Ending Poverty
Affordable
& Clean Energy
Industry Innovation
& Infrastructure
Sustainable Cities
& Communities
Mathematical Analysis of Validators
01
Importance
of Validators
Crucial for maintaining Solareum's Layer 1 blockchain integrity.
Guarantees secure and efficient transactions.
02
Validators are organized into sets based on types, with different energy generation methods.
These sets allow for a comprehensive understanding of each validator type within the Solareum ecosystem.
Discover the decentralized world of blockchain, where validators play a pivotal role in ensuring transaction integrity and consensus, fostering security, transparency, and trust across the network.
Blockchain Functionality and Validator Significance:
Solareum’s
Approach
Fields in sequence:
SLM IOT device installed to local power generators
IOT measures power generation and consumption
Values calculated by proprietary algorithms and uploaded to SLM network *block decoded
Decoded block forwarded to alternate validators for confirmation
Rewards paid out to validators based on volume of energy produced
(>power = >rewards)
Next block is generated, begin from step 3 again
Proof of Hold (PoH)
Solareum recognizes holders surpassing a specified threshold. These holders automatically participate in a unique "Proof of Hold" algorithm, acting like auto-staking for consensus.
Over varying time intervals, the PoH reward system is updated, ensuring fair distribution based on holdings.
Solareum's Exclusive NFT Multipliers
Harness the power and unique attributes of Solareum's ERC-1155 NFTs. These NFTs not only hold collectible value but also act as multipliers to boost blockchain validation rewards.
Additional Utilities & Offerings
Solareum's consensus algorithms are not only a unique, patent pending validation mechanism. We offer an entire ecosystem of utilities providing benefits to a multitude of users.
Bridge
An affordable, seamless way to transition on-chain assets from other environments to the Solareum ecosystem.
Web 3 Social Login
Simplifying the Web3 experience, Solareum leverages social logins. For less engaged users, this removes the complexity of storing private keys and other complicated mechanics of Web3.
Ai Dashboard
Solareum’s AI powered dashboard provides users with real time data specific to their energy production, consumption, validator rewards, and ways to optimize efficiency in all of those avenues.
Climate change initiatives
By offering renewable energy producers an additional reward for generating their power, Solareum has provided a unique incentive system to encourage positive change to our climate
Additional ReFi
Focused Initiatives
Solareum has also incorporated Solareum Foundation™ which centres around the education and raising awareness of renewable energy amongst other elements.
Decentralized Exchange
Our decentralized exchange (DEX) is a platform for peer-to-peer trading that operates without a central authority, utilizing blockchain technology and smart contracts to enable direct transactions between users.
BLS Key
Generation
Traditional blockchains are primarily energy consuming. Solareum’s approach reimagines this by tying validation to renewable energy generation, offering an eco-friendly alternative.
Post-Quantum
Security Backup
Solareum emphasizes post-quantum security, inspired by ERC-2333 with a focus on BLS12-381 Key Generation.
Use of Lamport key pairs for an additional security layer. In case of quantum advancements, a seamless transition plan exists, potentially pivoting to Falcon signatures or following NIST guidelines on post-quantum standards.
01
Fees on
Chain
Interacting with Solareum's layer 1 blockchain provides a steady stream of revenue by way of micro transactions. These are found through use of our DEX, Bridge and Launchpad.
02
SAAS
Subscription
For access to all energy production and consumption data, Solareum offers a central hub for viewing this information. We enable a tailored experience priced as a tiered subscription model. This could be as affordable as $0 for entry level users, or a personal pricing plan for Ad Hoc customers with unique demands.
03
Hardware
Sales
To access our information systems and generate block rewards through Proof of Generation®, users are required to install our proprietary FPGA/IOT device to their existing renewable energy generation equipment.
Q1 2023
Concept Solareum
Team assembly
Q2 2023
Lightpaper published
Public raise
Private raise
Incorporated company in Dubai
Q3 2023
Team expansion
POG patent filled - validation
Whitepaper publication
Trademarks registered
L1 NFT badge launch
Q4 2023
Dashboard conceptualized
Incorporated Solareum Foundation in Canada
Layer 1 architecture finalized
Engagement for L1 development
Q1 2024
Team expansion
Layer 1 Testnet
Dex / Bridge build
Roadshow presence Solareum
IOT device R&D and prototyping
Q2 2024
Marketing campaign prep.
Publish roadmap Solareum phase 2
IOT device beta & testing
Rebrand Solareum
Commercial partnership announcements
Q3 2024
L1 Audits completed
Migration plan to layer 1 released
loT Device public beta
SaaS dashboard beta release manufacturing IoT devices
PoH reward plan published
PoG mechanism established
Mainnet developer / partner program
Q4 2024
loT device V2 (Multi inverter)
Solareum Foundation
Solareum grantt program
Layer 1 inventive
Mainnet launch
Cex / Dex listing
B2B & partnership for node
distribution
Q1 2025
Publish roadmap Solareum phase 3
Mass production of loT devices
PoG replaces PoH entirely
Benevolent solar installations
Solareum native wallet
Solareum developer program
Q2 2025
Global rollout expansion
Public availability for loT purchases
Acquisition installment partners
Community engagement portal
Renewable energy asset tokenization platform
Q3 2025
Eco infrastructure fund
Green lending & borrowing protocol
Get to know the team driving Solareum forward
Corey
MacMichael
CEO & Co-Founder
David
Donovan
CTO & Co-Founder
Josh
L'Heureux
Vice President, & Co – Founder
Alexander Wermescher
COO
Isabell Wermescher
CMO
Danyl
Goodall
Design Lead
Matt
Smith
Blockchain Developer
Chris
Jeghers
Head of Community
Xun
Chen
Strategic Advisor