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Author Topic: Gridcoin (GRC) - first coin utilizing BOINC - Official Thread  (Read 576198 times)
XMShowcase
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March 20, 2016, 07:55:02 AM
 #4661

Pump & Dump in progress..

hehe, i like this coin .. even shaking P&D  Cheesy
good news  Grin
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March 20, 2016, 08:15:26 AM
 #4662

At least there is a good reason: https://www.reddit.com/r/Futurology/comments/4b4drk/a_currency_minted_by_doing_science/

Pump & Dump in progress..
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March 20, 2016, 04:16:00 PM
 #4663

bought some trying to get back to my wallet now


so downloaded the msi

wallet looks to have installed.

clicked the download blocks....went through all that

still say not synced and no blockchain downloaded?





█████           █████        ██████████████▀▄███▄       ▄███▄      ▄▄▄████████▄▄▄        ▄▄███████▄▄         ▄███▄
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March 20, 2016, 09:47:59 PM
 #4664

can't help you right now as i have to leave, but come to https://kiwiirc.com/client/irc.freenode.net:6667/#gridcoin there is always someone around that can help you
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March 20, 2016, 10:19:12 PM
 #4665

clicked the download blocks....went through all that

still say not synced and no blockchain downloaded?

Make sure you have connections to peers.
If so, just wait...sometimes it takes several hours to sync, after an initial install.
Patience is key here, even if it looks as the wallet doing nothing.

Cheers, djoser.

BTW: What the frog is going on with GRC/BTC price today??? Any obvious news i missed?

Why mine when you can research? - GRIDCOIN - REAL crypto without wasting hashes! www.gridcoin.us
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March 20, 2016, 10:26:32 PM
 #4666

bought some trying to get back to my wallet now


so downloaded the msi

wallet looks to have installed.

clicked the download blocks....went through all that

still say not synced and no blockchain downloaded?

It will be a lot quicker to sync if you use the snapshot... http://download.gridcoin.us/download/downloadstake/signed/snapshot.zip provided on the official Gridcoin site.

Once download just extract to the appropriate directory and it should sync the remaining blocks relatively quickly.

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April 16, 2016, 08:21:12 AM
 #4667

The block explorer (http://www.gridresearchcorp.com/gridcoin) seems to be stuck on block 523487.

Why mine when you can research? - GRIDCOIN - REAL crypto without wasting hashes! www.gridcoin.us
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April 16, 2016, 10:32:39 AM
 #4668

True, I'll let the person in charge of that blockexplorer know.
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April 21, 2016, 06:29:17 PM
 #4669

Can someone explain me the economics of GRIDCOIN?

I do understand that miners use their calculating power to help scientific researches and then are rewarded with GRC.

However I don't understand how does it work on the customer side, if a lab need some computational power does he needs to pay the miners? Or he can use the miners for free?

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April 21, 2016, 07:22:55 PM
 #4670

If a scientist or a commercial entity wants to get computational power from Gridcoin they will have to setup their own Boinc project, which then has to be vetted by the Gridcoin community and voted on for acceptance into the whitelist: http://gridcoin.us/Guides/whitelist.htm


Can someone explain me the economics of GRIDCOIN?

I do understand that miners use their calculating power to help scientific researches and then are rewarded with GRC.

However I don't understand how does it work on the customer side, if a lab need some computational power does he needs to pay the miners? Or he can use the miners for free?


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April 21, 2016, 09:11:20 PM
 #4671

If a scientist or a commercial entity wants to get computational power from Gridcoin they will have to setup their own Boinc project, which then has to be vetted by the Gridcoin community and voted on for acceptance into the whitelist: http://gridcoin.us/Guides/whitelist.htm


Can someone explain me the economics of GRIDCOIN?

I do understand that miners use their calculating power to help scientific researches and then are rewarded with GRC.

However I don't understand how does it work on the customer side, if a lab need some computational power does he needs to pay the miners? Or he can use the miners for free?



Thanks for your answer traderman but that does not explain what is the purpose of the coin? When some projects are in the whitelist and use the computational power, do they have to use Gridcoins ?

Sorry but it is still confuse for me even if this project seems really interesting.
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April 21, 2016, 10:57:40 PM
 #4672

Do some research on boinc and you'll understand.

If a scientist or a commercial entity wants to get computational power from Gridcoin they will have to setup their own Boinc project, which then has to be vetted by the Gridcoin community and voted on for acceptance into the whitelist: http://gridcoin.us/Guides/whitelist.htm


Can someone explain me the economics of GRIDCOIN?

I do understand that miners use their calculating power to help scientific researches and then are rewarded with GRC.

However I don't understand how does it work on the customer side, if a lab need some computational power does he needs to pay the miners? Or he can use the miners for free?



Thanks for your answer traderman but that does not explain what is the purpose of the coin? When some projects are in the whitelist and use the computational power, do they have to use Gridcoins ?

Sorry but it is still confuse for me even if this project seems really interesting.

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April 23, 2016, 10:16:48 AM
 #4673

If a scientist or a commercial entity wants to get computational power from Gridcoin they will have to setup their own Boinc project, which then has to be vetted by the Gridcoin community and voted on for acceptance into the whitelist: http://gridcoin.us/Guides/whitelist.htm


Can someone explain me the economics of GRIDCOIN?

I do understand that miners use their calculating power to help scientific researches and then are rewarded with GRC.

However I don't understand how does it work on the customer side, if a lab need some computational power does he needs to pay the miners? Or he can use the miners for free?



Thanks for your answer traderman but that does not explain what is the purpose of the coin? When some projects are in the whitelist and use the computational power, do they have to use Gridcoins ?

Sorry but it is still confuse for me even if this project seems really interesting.


It's free for science projects and for commercial projects there might be some kind of fee in the future, but that is still open.
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May 06, 2016, 09:10:15 AM
 #4674

Great news for the Gridcoin community!
PiGrid shipped the first plug-n-play devices, that combine BOINC research with Gridcoin wallet features.

https://twitter.com/PiGrid_com/status/728485208492810241
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May 06, 2016, 05:05:14 PM
 #4675

Great news Quez, does the PiGrid device connect to a pool?

Great news for the Gridcoin community!
PiGrid shipped the first plug-n-play devices, that combine BOINC research with Gridcoin wallet features.

https://twitter.com/PiGrid_com/status/728485208492810241
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May 07, 2016, 04:31:25 AM
 #4676

Great news for the Gridcoin community!
PiGrid shipped the first plug-n-play devices, that combine BOINC research with Gridcoin wallet features.

https://twitter.com/PiGrid_com/status/728485208492810241
Only five months of delay from the original promised date, and the give a fantastic compensation of 200 GRC. How many GRC can have they made with the 50 PiGrid sold during this 5 month? You think it's nice and fantastic, from a bit more realistic point of view I feel goxed. And with no project update for more than a month, last on 27th March and they told that time that PiGrid was almost shipped.
 Roll Eyes

Beware with ENT, shaddy things happen when try to mine it...
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May 07, 2016, 09:44:38 AM
 #4677

In future updates you will be able to choose between pool mining and solo mining mode.

Great news Quez, does the PiGrid device connect to a pool?

Great news for the Gridcoin community!
PiGrid shipped the first plug-n-play devices, that combine BOINC research with Gridcoin wallet features.

https://twitter.com/PiGrid_com/status/728485208492810241
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May 07, 2016, 09:46:15 AM
 #4678

I want to clarify that a Kickstarter pledge is not like ordering in an online store. We are building a project for the Gridcoin community and the backers help us realize that project.

Obviously there can be unforseen issues during the development of such a project from scratch. This fact combined with high expectations that we have ourselves and only a small (but growing) development team leads to delays. We would like to apologize for any inconveniences.

Additionally I would like to point you to the Kickstarter conditions (https://www.kickstarter.com/terms-of-use):

"At the same time, backers must understand that when they back a project, they’re helping to create something new — not ordering something that already exists. There may be changes or delays, and there’s a chance something could happen that prevents the creator from being able to finish the project as promised."

Quez

Great news for the Gridcoin community!
PiGrid shipped the first plug-n-play devices, that combine BOINC research with Gridcoin wallet features.

https://twitter.com/PiGrid_com/status/728485208492810241
Only five months of delay from the original promised date, and the give a fantastic compensation of 200 GRC. How many GRC can have they made with the 50 PiGrid sold during this 5 month? You think it's nice and fantastic, from a bit more realistic point of view I feel goxed. And with no project update for more than a month, last on 27th March and they told that time that PiGrid was almost shipped.
 Roll Eyes
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May 10, 2016, 06:32:28 AM
 #4679

Gridcoin represents a good cause,
Wishing the best for the project.

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May 27, 2016, 11:15:11 PM
 #4680

The coin and the cause are great. But why the low trading volume?
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