Ye if we can get people with NVidia cards mining too that would be great. Definitely adds to the appeal of the coin. Quoted from GridcoinIn beta,
we are looking into the possibility of
adding a CPU-mining pool for non
gpu-users who want to participate. We're just testing this
out to see how viable it is. The PoW is done by Berkeley.
The credits are not stored on a single server, they are
stored on 70 official project nodes outside of the coin.
The credit would be checked by a call to an API from
a "different" miner (the miner who solved the GPU block)
to add the Cpu credits to the pool. The CPU pool would be paid once per day
during their "wallet hour" with an amount of 150grc divided by the cpu miners
going into a separate block and the CPU shares would be their avg daily credits earned.
As the blocks fill up more would be paid at different
times. The idea is this might spark a lot of interest for non-gpu users and give us a strong
user base. I like this idea, as my nvidia graphics card is regarded as useless for mining, and I think I agree you could get more people mining and more interested this way. Do you think you will have instructions to help newbies like myself to learn how to get the cpu mining working? |
|
|
|
Finally a thread title worthy of this coin  |
|
|
|
+1 seems like good title. Can you at least change the thread title to reflect that this coin has bionic built in? (pop3 email too!) It would probably help this coin get a lot more recognition. (which it deserves!)
+1 Gridcoin (GRC), first coin utilizing BOINC - Official Thread |
|
|
|
Yes that could be the case. But I for one hope it gets huge because we need all that power on the Boinc network. Dupee-
We did successfully create a Linux version that builds and mines (tested it yesterday), however it currently does not support our new block format that is coming in the next 3 days, so we are not going to release it.
One thing you can do is run windows in a virtual machine in Linux.
Best Regards,
Rob Halford
Can you at least change the thread title to reflect that this coin has bionic built in? (pop3 email too!) It would probably help this coin get a lot more recognition. (which it deserves!) I think its good that the coin is flying under the radar for the most part at this stage. It will get huge once pool mining is implemented. Enjoy the solo mining while it lasts.. |
|
|
|
Ye I think the thread title should be changed. Dupee-
We did successfully create a Linux version that builds and mines (tested it yesterday), however it currently does not support our new block format that is coming in the next 3 days, so we are not going to release it.
One thing you can do is run windows in a virtual machine in Linux.
Best Regards,
Rob Halford
Can you at least change the thread title to reflect that this coin has bionic built in? (pop3 email too!) It would probably help this coin get a lot more recognition. (which it deserves!) |
|
|
|
New block format? Dupee-
We did successfully create a Linux version that builds and mines (tested it yesterday), however it currently does not support our new block format that is coming in the next 3 days, so we are not going to release it.
One thing you can do is run windows in a virtual machine in Linux.
Best Regards,
Rob Halford
|
|
|
|
There has been a lot of new additions to the client. A lot of security updates as well. good idea again, but quite a pain to set up, i never got the boinc rating to register anything but 0 in the wallet mining console. Had net 4.5.1 etc, never found out why it didnt work. Mined a couple of blocks at 5 reward. Gave up since no point unless it is working as it should.
Yes they need to work out some of the kinks, it's not even 2 weeks old. The dev msg board is very helpful though and they answered all of my questions. It took me a few hours but I eventually got it to work. |
|
|
|
I did not even know this existed. Thanks for posting that! You can currently mine both GRC and XRP at the same time. Ripple Labs is running an XRP giveaway based on contributions to the World Community Grid, a BOINC project. Details at https://www.ripplelabs-wcgxrp.comThe giveaway exchange rate is 1000 XRP for every 5000 WGC points (714 BOINC points), which at current rates is roughly a $10 USD value each time you cash in your WCG points. As long as you're already mining GRC and running BOINC, why not pick up some free XRP for no extra effort? |
|
|
|
Have you signed the petition for Cryptsy yet? This is a great coin and I look forward to watching it grow. Thanks for your hard work on Gridcoin!
|
|
|
|
Ye I agree, the thread title needs to be changed to reflect the Gridcoin's purpose. This was posted on the other crypto forum by the lead dev, figured people would like to see it "Except for the boinc part? " I suggest downloading the newest beta client. We have imo the most advanced and innovative ideas coming out at the most rapid pace in the whole cryptocurrency market. We have staff programmers paid by the hour. We have encrypted pop3 client to client email, integrated pool mining (in the client), integrated cgminer/reaper mining In the client, charts of boinc history on the screen, vacation restart for the miners and the wallet, boinc, energy savings, competition for humanitarian projects, and we have something coming that is going to blow everyones socks off. The Russian coder is highly capable of locking the memory in linux in a way that prevents a fraudulent copy of boinc to communicate with the linux kernel, for one. Two, I'm working on security again, based on curecoins statements about the early version of the client. We may end up pioneering something again that is far, far ahead of the game. I cant go into all of the security details, but to let everyone know how serious I am about security this new feature will lock the memory contents of the NT kernel and encrypt and sign the boinc credits in the same space as boinc is running, and sign the packets with the gridcoin key. If anyone tampers with that packet before it is given to the block in the mining subsidy it will be USELESS. Also, all clients will be able to check the authenticity of that signature without decrypting it. So, blocks will not be forwarded on unless they are authentic. Next, if someone tries to tamper with boinc, the kernel mode process will not accept the memory because it is going to be signed with Berkeleys key and I cant talk about that, but we do have access to the key pair inside boinc itself, so this is going to very hard to hack, and by the time anyone even attempts to do it we will have boinc running inside gridcoin and you can kiss that idea goodbye. Another piece of information, anyone trying to do a man in the middle attack between boinc and gridcoin will fail, because the memory is going to be signed before gridcoin reads it, so anything you do to tamper with that memory will alter the signature. Once this version is released, and the feature is turned on, your client will only accept signed boinc blocks others will be rejected. Everyone will be forced to upgrade, because we have a feature in the client to do that. If you dont upgrade, you cant mine new blocks. We are going to be the best and there is no stopping us. This coin is going to be amazing! @OP if you changed the topic to more to reflect what this coin does, it might get more views. |
|
|
|
There are security options being worked on Gridcoin that will make it very difficult for anyone to tamper with the work from Boinc or the client. All of that stuff is being take care. I also like the idea of Curecoin and I hope it succeeds because the scientific advancements in protein folding have implications for everyone on the planet. So it is not just about money here. Even if you don't have anything to do with crypto you might benefit from the advancements that can come from these kinds of projects. So I am rooting for both to be picked up by the miner community and I hope both eclipse Bitcoin and Litecoin. And when Curecoin is launched I will put some of my mining rigs on it and give it some support too. Haha  Don't take it against you, it is just that I wish to see the project succeed as well, so I'm probing for flaws. Since I can think of many and no details were given to reassure me, I can only speculate. So yes, do expect me to look for flaws, but only so they can be addressed (if there are any in the first place). Errors can be made, but they need to be addressed properly. In open-source projects, I think it is everybody's duty to think critically. As a side note, some people were talking about exploiting Gridcoin with modified clients, further up in the thread. Let me say that I am not convinced at all by the announced fix. Including the BOINC hash into the chain does not change the fact that this md5 hash is reported by the client. Yet nobody raised an eyebrow. Did I miss something important there, or is the fix still flawed? |
|
|
|
I have 2 rigs mining for over a week now and I have not had that problem yet. But others have reported this exact same situation. |
|
|
|
I believe the GPU thing is being worked on by "Gridcoin" right now. Look everyone, I'm not here to bash anyone's coin and I don't know anything about cancercoin or curecoin, at all and
will read up on it. I read a couple of the statements on page 3 and wanted to respond!
Gridcoin's hard-coded block reward is pretty easily exploitable,
a quick change in the way the code detects BOINC would give max coins every time a block is mined.
--> In the first release this may have been possible to exploit
using a fraudulent client, and each block may have passed the test to trick other nodes into accepting those blocks.
Since then we have designed a new protocol and expanded the spec
to store the boinchash information in the block header itself
and as you may know, each block header and its merkle root is hashed and related to prior blocks.
That version is already live and the current user base stores the data in this format in the chain.
We are close to making a mandatory upgrade that stores and enforces the integrity of those blocks by
making the clients reject non-boinc blocks.
Remember, we are in our infancy and we are still analyzing each clients md5 version and authenticity.
Security IS our utmost concern and will work hard to prevent tampering with the client specification.
--> Regarding the second statement about Gridcoin only measuring CPU usage:
Again, true in our first version, but since then
we haven't stopped innovating. The newest version logs boinc credits over time, deltas, projects and averages
and stores that information in encrypted client files, reports on it, and hashes the information into
new blocks. Eventually we will reward miners based on their avg daily boinc credits plus a homogenized
reading based on other factors.
Best Regards,
Preston Keys
So, can gridcoin reward for GPU work? |
|
|
|
It seems best just to split the 150 GRC between everyone who contributed to the mining of that particular block. Seems most simple. Yes, the Proof Of Work is necessary to keep a perpetrator from quickly constructing a block of falsified transactions, inserting the block in the chain somewhere and trying to spend the mining subsidy or double spend etc. With PoW every block is related to every prior block so it is too hard computationally to reconstruct N number of blocks starting back more than one prior.
But one thing that we have discovered that can add potential boinc efficiency to this system is the integrated pool mining with more features. If we have 100 users running boinc, and 50 miners, if they are all part of the pool it may be theoretically possible to give some compenstation to the 50 who are boincing who are not mining when any miner finds a block (IE payments go to all pool members, membership is disassociated with mining per se). That would lead to a boinc wattage efficiency that is much higher than mining+boinc. But before any of that is possible the CPU users would have to go through a different PoW to prove they deserve to be in the pool, etc. Unless those users are compensated out of a different "pot" per se, IE the miners still receive 150 GRC split N ways, and the Boinc users doing a separate PoW algo are compensated by the pool but not out of the pools funds. Just throwing ideas out there.
Preston Keys
|
|
|
|
A 50/50 split would be great, I am not sure if it will work out like that, but it would be idea of that is the case long term. Yea, but why do they have to hash to receive coins? Why can't the do some other gpu-operations like monte-carlo-simulation or anything else to solve a block?
The reason it isn't wise to do that is because the transactions have no strong source of verification. PoW is still solely the most secure way to make sure transactions are legitimate. That's why we're hoping to eventually get to the point where 50% of power goes to research and 50% of power goes to keeping the chain secure. |
|
|
|
Ye I agree. If this coin becomes more widely used we can see some serious scientific breakthroughs. I can't even imagine what the results can be. This coin deserves more recognition!
|
|
|
|
Because if you dedicate all power to scientific project people will not participate as much. I hate to say it, but the only way for mass amount of people to want to run Boinc is to provide immediate financial incentive. Otherwise people either forget or just loose interest over time. When you bring your coins on the market, I will buy some I like your idea. Great, I always wished someone will bring the power of the bitcoin netwoirk to a usefull purpose. I hope you succeed! Your project could make a lot of scientist to fall in love with cryptocurrencies. As someone with no background in IT, I have a question, which may seem stupid: Why is it not possible to spend the whole mining-power in Boinc or some other scientific operation (brain-mapping, lattice gauge, clima) or some engineering-operations (simulation ...)? Do you have scientist from berkely on board? |
|
|
|
The in-client pool mining is pretty cool. Definitely some new innovation there and a great way for Gridcoin to distinguish itself from all the others. Great work Grid!! All,
We are all contributing to good causes by donating our computing power to boinc, and what a fun way to do it by adding those functions into a coin and doing both at the same time?
If Bitcoin is worth $390 a coin, we have a lot of latitude here to move all of the LTC power consuming machines over to gridcoin.
I just want to say thank you all for your support and I am committed 100% to staying behind the development on this project and together we will make this a success!
Please note that the forums listed at the top of this thread are still the official places to find new information related to this coin and I don't want to confuse anyone.
We do not have a pool web site partner, because you cannot pool mine gridcoin through a pool, but we do have the integrated in-client pool mining system.
If/when we create a dedicated gridcoin forum you will be notified of the official release HERE on this forum or on our other partner forum listed under FORUMS in the coin release information. As for now we are in our growth stage, and would like people to spread the word as far as using this coin while running boinc- to send GRC to other countries (competing with Western Union) and bringing new miners over to GRC.
We are also expirimenting with new algorithms that may allow a distribution of compensation among Boinc-cpu only users, boinc+gpu miners, and boinc+boinc gpu+gpu miners, more on that later.
Take care.
Grid
|
|
|
|
Yes Gridcoin has real potential, the first cryptocoin that can contribute to all branches of science. This is very important imho. gridcoin
Please add Gridcoin  |
|
|
|
|
Show Posts
