Downloading and installing the Solar Coin wallet - A blog / how-to for Ubuntu 16.04 LTS
I was introduced to solar coin by a friend of mine a while back who I knew was heavy into "the crypto". This was at a time in my life when I didn't have very much extra money, and was basically living paycheck to paycheck, saving very little and unable to afford the luxuries life reserves for the upper class and beyond.
This friend, we'll call Roosevelt, was not somebody I knew very well at the time. Roosevelt was introduced to me by a mutual friend of mine I've known my whole life. Because I value the opinion of this mutual friend very much, I simply threw caution to the wind and invested a relatively small amount of the money in SLR on Bittrex, which for me personally was about 50% of my net worth at the time.
In the weeks and months that followed, this decision to trust someone I barely knew proved to be an amazingly good one. Trading SLR swings, getting involved with the blockchain community, and learning about the many technologies that make the internet, and the world around us, tick, I made quite a bit of money, both in fiat and in crypto, but I also picked up something so much more valuable, to be honest. This friend ignited in me the desire to learn, share knowledge, and collaborate with others. I truly value this relationship and what it has taught me.
In the interest of sharing knowledge, I figured I'd do a short write up on something I use on a daily basis, the official Solar Coin wallet, brought to you by the Solar Coin foundation. For those of you who don't know, Solar Coin is a relatively new type of cryptocurrency, which I personally believe has a very bright future ahead. Not only does it have fast transaction time and extremely low fees, it's purpose is to create jobs, and a greener future for all. It was developed by Christopher Altman, who, among other things, holds the title of 'Director of the Board' at a government agency you may have heard of called NASA. Kind of a big deal.
Anyway, downloading and installing the Solar Coin wallet is one of the easiest things you can do on an Ubuntu box. I'm going to lay it down for you nice and simple. So sit back, relax, and get ready to nerd out in a big way. 1337.
The first step you'll want to take care of, as with any software install/config on a linux machine, is to update all applications:
sudo apt-get update
Next, download the solarcoin-qt wallet install files from the following location -
The solarcoin-qt wallet has only one dependency (libgstreamer-plugins-base0.10-0) that I know of, if Ubuntu was installed via default method, that is - you'll want to get this installed next:
sudo apt-get install libgstreamer-plugins-base0.10-0
Next you'll want to create a Solar Coin directory in your home folder:
Then, move the install file you downloaded to this newly created directory
mv SolarCoin_2.1.8_64bit.run ~/SolarCoin
Next, navigate to the newly created directory and make the install script itself executable
cd ~/SolarCoin sudo chmod +x SolarCoin_2.1.8_64bit.run
Finally, run the wallet install script. This will install the solarcoin-qt wallet software and run it once:
You'll then be prompted to create a wallet password. Be sure to keep this password in a safe location, and remember that if you lose it, your Solar Coins are also lost. Remember - the more characters your password contains, the harder it would be for a malicious actor to steal your coins!
Make sure to back up your wallet file on a daily basis. I would recommend using something like rclone to sync local wallet data to the cloud. Check out this post I did recently on rclone to learn more:
Thanks for checking out my post. Feel free to comment below if you have questions. Cheers!
Solar Coin Foundation
Solar Coin paper wallet generator
Solar Coin blockchain explorer
Ye olde cerebrum