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Author Topic: Gridcoin (GRC) - first coin utilizing BOINC - Official Thread  (Read 554306 times)
traderman
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March 10, 2015, 02:01:08 PM
 #4041

Maybe we should just ask Rob, and see what he says?

@ traderman:
Then this one should be closed Smiley Scattering information should be avoided.
And please double check the Announcement on actuality of information (like poloniex listed GRCX as GRCX now, paper wallet generator not working for GRC yet etc.) and actuality of links.
When you post it, Ill also review it!

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Quezacoatl
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March 10, 2015, 02:04:31 PM
 #4042

Sure, maybe he should open the new thread. He should get all the credit for GRC Smiley
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March 10, 2015, 02:42:14 PM
 #4043

I'm also for starting a new thread, RTM said he was open for it, so let's make a new thread, but let's ask Rob to do it.
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March 10, 2015, 02:44:11 PM
 #4044

I'm also for starting a new thread, RTM said he was open for it, so let's make a new thread, but let's ask Rob to do it.

But I believe rob is not reading this thread: posting on CCT now.

anonerd
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March 10, 2015, 03:35:04 PM
 #4045

I'm also for starting a new thread, RTM said he was open for it, so let's make a new thread, but let's ask Rob to do it.

But I believe rob is not reading this thread: posting on CCT now.
RTM and Rob both stated previously they don't want to have an empty thread, because of our history and visibility of it.
Alas, a new thread could be made, in order to point to the page at which Proof-of-Research has started.

Still waisting energy on Proof-of-Work? Use your Rigs for scientific progress!
Member of Gridcoin-Germany - http://uscore.net (en) - http://uscore.de (de) - http://gridcoin.us (ann)
spassbold
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March 11, 2015, 01:10:07 AM
 #4046

ok so I think let's stick to this thread then Smiley
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March 11, 2015, 05:57:46 PM
 #4047

What I think makes gridcoin such an interesting idea is the idea of commercial applications, where the computing power of gridcoin's miners is used to power computing intensive tasks like rendering or machine learning and thus the miner's get their reward in newly generated coins, but the computing service they offer to the app is for free, so those companies based on the gridcoin ecosystem can offer their services much cheaper and then give back to the gridcoin ecosystem.

There even exists already a distributed search engine (http://yacy.net/), just imagine a search engine being run by the mining of a cryptocurrency, which would be theoretically possible with gridcoin.

Quezacoatl
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March 11, 2015, 09:31:06 PM
 #4048

What I do not fully understand is the point where "the company gives the created money back to the ecosystem" ? Do you mean an active action where the company buys Gridcoins with a certain share of their profit to push the price up? Wink

What I think makes gridcoin such an interesting idea is the idea of commercial applications, where the computing power of gridcoin's miners is used to power computing intensive tasks like rendering or machine learning and thus the miner's get their reward in newly generated coins, but the computing service they offer to the app is for free, so those companies based on the gridcoin ecosystem can offer their services much cheaper and then give back to the gridcoin ecosystem.

There even exists already a distributed search engine (http://yacy.net/), just imagine a search engine being run by the mining of a cryptocurrency, which would be theoretically possible with gridcoin.



traderman
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March 12, 2015, 12:53:35 AM
 #4049

Gridcoin mentioned in Brookings Institute article on blockchain technology. --> http://www.brookings.edu/blogs/techtank/posts/2015/01/13-blockchain-innovation-kaushal

Twitter -> http://twitter.com/GridcoinNetwork/status/575820898613121024
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March 12, 2015, 01:05:29 AM
 #4050

I've been using BOINC mainly for SETI@home since around 06-07. I finally installed Grid to use Boinc today (yea, I'm a bit slow to catch on - haha).

Glad to be a part, look forward to seeing what Gridcoin can do Wink

Cheers!

|| coremedia.info || deadlightbulb.com || soundcloud.com/imprints || WAVES: 3P6sBgnQQ5ZEZtHPVaN3tizNLTs3cpc78eF
|| BTC: 1GuwtUusxwwZPLPYArTyeNvdt7ECwmnsSQ ||
traderman
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March 12, 2015, 01:07:33 AM
 #4051

Welcome to the team. I assume you installed the new GRC Research.

I've been using BOINC mainly for SETI@home since around 06-07. I finally installed Grid to use Boinc today (yea, I'm a bit slow to catch on - haha).

Glad to be a part, look forward to seeing what Gridcoin can do Wink

Cheers!
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March 12, 2015, 02:04:10 AM
 #4052

Welcome to the team. I assume you installed the new GRC Research.

I've been using BOINC mainly for SETI@home since around 06-07. I finally installed Grid to use Boinc today (yea, I'm a bit slow to catch on - haha).

Glad to be a part, look forward to seeing what Gridcoin can do Wink

Cheers!

Thanks! I did, yes. I'm actually trying to ascertain whether or not the wallet is working in conjunction with Boinc at this point. I've added myself to the gridcoin teams on boincstats.com, added my projects - but I don't know if I've done it correctly. I've went through the instructions, does it take some time for the settings to carry over?


Edit: Yeah, I think everything is fine. Reading up, it should take a few days for the team to be verified and my RAC to go up. When I list cpids it shows my projects and team "gridcoin" so that's fine, but on the dashboard of the wallet it says "All BOINC projects exhausted" and Project: INVESTOR. I just want to verify that this is normal. Thanks! Smiley


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|| BTC: 1GuwtUusxwwZPLPYArTyeNvdt7ECwmnsSQ ||
Quezacoatl
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March 12, 2015, 06:19:50 AM
 #4053

Absolutely normal Smiley Netsoft (runs the BOINC statistics) needs some time to verify team and RAC changes.

Ah and, if the team change via boinc stats does not work (some projects do not copy the instructions from boincstats), go to the projects homepage and join Gridcoin manually.

Greets and welcome! Quez

Welcome to the team. I assume you installed the new GRC Research.

I've been using BOINC mainly for SETI@home since around 06-07. I finally installed Grid to use Boinc today (yea, I'm a bit slow to catch on - haha).

Glad to be a part, look forward to seeing what Gridcoin can do Wink

Cheers!

Thanks! I did, yes. I'm actually trying to ascertain whether or not the wallet is working in conjunction with Boinc at this point. I've added myself to the gridcoin teams on boincstats.com, added my projects - but I don't know if I've done it correctly. I've went through the instructions, does it take some time for the settings to carry over?


Edit: Yeah, I think everything is fine. Reading up, it should take a few days for the team to be verified and my RAC to go up. When I list cpids it shows my projects and team "gridcoin" so that's fine, but on the dashboard of the wallet it says "All BOINC projects exhausted" and Project: INVESTOR. I just want to verify that this is normal. Thanks! Smiley


spassbold
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March 12, 2015, 08:47:16 AM
 #4054

What I do not fully understand is the point where "the company gives the created money back to the ecosystem" ? Do you mean an active action where the company buys Gridcoins with a certain share of their profit to push the price up? Wink

What I think makes gridcoin such an interesting idea is the idea of commercial applications, where the computing power of gridcoin's miners is used to power computing intensive tasks like rendering or machine learning and thus the miner's get their reward in newly generated coins, but the computing service they offer to the app is for free, so those companies based on the gridcoin ecosystem can offer their services much cheaper and then give back to the gridcoin ecosystem.

There even exists already a distributed search engine (http://yacy.net/), just imagine a search engine being run by the mining of a cryptocurrency, which would be theoretically possible with gridcoin.






that is a question that is currently unanswered, the problem is basically "we have too much money, where to put it", because you generate money by offering the service but at the same time you also generate GRC which is the reward for the miner.

I would suggest that the company that can run profitably because of cheaper costs (free computing power) pays a part of its profit to the gridcoin company (at the moment Rob) that can then invest more time/money into developping the technology and make more projects.
spassbold
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March 12, 2015, 08:55:19 AM
 #4055

I've been using BOINC mainly for SETI@home since around 06-07. I finally installed Grid to use Boinc today (yea, I'm a bit slow to catch on - haha).

Glad to be a part, look forward to seeing what Gridcoin can do Wink

Cheers!

Just a small note, I know you have the right client and everything, but calling it Grid is a little bit misleading as there is another scam coin, that does not have any new technology, out there with exactly the same name
traderman
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March 12, 2015, 02:32:35 PM
 #4056

I am running a Gridcoin Research Promotion.

0.001 BTC / 250 GRC Research for posting on other forums!

>>>>>>
https://bitcointalk.org/index.php?topic=986083.0 <<<<<<<
Quezacoatl
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March 12, 2015, 02:45:48 PM
 #4057

Good idea traderman Smiley
anonerd
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March 12, 2015, 08:30:30 PM
 #4058

I am running a Gridcoin Research Promotion.

0.001 BTC / 250 GRC Research for posting on other forums!

>>>>>>
https://bitcointalk.org/index.php?topic=986083.0 <<<<<<<
cool! you might want to include a restriction on forum topic, so that it relates to science at least.

Still waisting energy on Proof-of-Work? Use your Rigs for scientific progress!
Member of Gridcoin-Germany - http://uscore.net (en) - http://uscore.de (de) - http://gridcoin.us (ann)
traderman
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March 12, 2015, 08:40:29 PM
 #4059

I think most people like science, so most forums I think will be applicable. I think if I narrow it down to just science it might cut out a lot of potentially interested users.

I am running a Gridcoin Research Promotion.

0.001 BTC / 250 GRC Research for posting on other forums!

>>>>>>
https://bitcointalk.org/index.php?topic=986083.0 <<<<<<<
cool! you might want to include a restriction on forum topic, so that it relates to science at least.
anonerd
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March 13, 2015, 08:57:49 AM
 #4060

I think most people like science, so most forums I think will be applicable. I think if I narrow it down to just science it might cut out a lot of potentially interested users.

I am running a Gridcoin Research Promotion.

0.001 BTC / 250 GRC Research for posting on other forums!

>>>>>>
https://bitcointalk.org/index.php?topic=986083.0 <<<<<<<
cool! you might want to include a restriction on forum topic, so that it relates to science at least.
Even newcomers with a science background complain they don't see whether their setup is configured correctly.
Gridcoin as of now is a still a topic for geeks and setting up BOINC is complex and might end frustrating.
Without restriction, your promotion could end up in a forum of pet lovers between guides for Chihuahua nutrition.

Still waisting energy on Proof-of-Work? Use your Rigs for scientific progress!
Member of Gridcoin-Germany - http://uscore.net (en) - http://uscore.de (de) - http://gridcoin.us (ann)
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