Solaris coin: The sleeping Giant

Recently, while researching some low-cap cryptocurrencies I came across Solaris coin. There are currently only about 880,000 in circulation, with an expected increase in supply of about 12,000 coins each year, ensuring no hyperinflation. The coin appears to be based on a number of other successful projects including DASH, PIVX, Bitcoin and ZCoin!!

https://bitcointalk.org/index.php?topic=1831629.0

Development

It also appears to have a very active development team since its inception in March 2017, with some new upcoming and exciting features! Most recently, the network algorithm was updated to XEVAN, which was first developed by the bitsend developer and is highly resistant to ASIC mining which improves decentralisation. Later in December the debs will be fully implementing the zcoin protocol, which will allow for completely anonymised transactions as DEFAULT. This is exciting news and is likely to cause the price to increase substantially!

9/10

Wallet

The wallet is very quick to synchronise compared to some others and is available on almost major platforms including raspberry pi (mac wallet on the way). Transactions are very fast (usually within 60s), with the option for SwiftTX which allows for instantaneous transfer for a small fee of 0.01 XLR, which may change as the price appreciates.

8/10

Masternodes

In my opinion this is one of the best reasons to buy the coin early. At current prices the cost of a masternode, which requires 1,000 XLR as collateral to the network will cost ~ 3,000USD. Once it's set-up you can expect regular daily mining rewards for helping to secure the network. The rewards total to about 4XLR per day, if you're not keen on spending that much just yet, staking will be activated on a future block. The rewards for staking and master nodes will be regulated by the same see-saw mechanism used by PIVX!

9/10

Accessibility

You can buy the coin from coinexchange.io and has also been recently listed on the decentralised exchange platform CryptoBridge. I feel that this will change with more support in the near future.

5/10

Governance
The devs are committed to the decentralised nature of the coin. So far distribution of the coins have been fair and there was also no premising, unlike some other well known projects. Further, the devs will be implementing voting rights on the wallet for master node holders sometime in the near future so that decisions related to the future direction of development and funding can be democratically decided.

8/10