Gridcoin (GRC) - first coin utilizing BOINC - Official Thread

[traderman]

Looks like Gridcoin is starting to put down more and more power on Boinc!

[datguyian]

The number of new exchanges I've discovered this week is insane... It's good to see, though. I'm sure at least a couple of them will turn out to be nice and reliable, and it's something I've been kind of waiting to see. More competition in the Exchange world is bound to make things better for everyone in the long run.

Anyways, here's one more exchange I found where you can vote on new coins:

https://crycurex.com

And one more that is opening tomorrow that I'm looking forward to:

http://www.altswap.com/

I also bought a few shares for altswap here:

https://cryptostocks.com/securities/80

If you have a few mBTCs laying around, couldn't hurt to buy some shares. It looks like users as well as share holders will be able to vote on new coins, but I'm guessing that shareholder votes will be weighted a bit heavier. Overall, this looks like one of the more promising up and coming exchanges to me.

[zulzedd]

Guys, Grid. What about Linux wallet? People are asking me about it but i don't know what to answer. At same time i know that c-cex using linux wallet, i'm right?

[zulzedd]

I found this interesting site and GRC is listed there. http://www.wheretomine.com/#home But there is no any info about price, diff and other. I wrote a mail to wheretomine@gmail.com in which i put links to Block Explorer and c-cex API. I hope that owners of the site will notice it. You can do the same, guys
And i hope soon we will get modified Block Explorer with total quantity of coins. If i'm right we got 8'940'600 GRC mined already.

We finally got the underlying problem fixed; the coinbase transactions in some circumstances are complicated with all the cpuminers; we had to import all the transactions into a database and modify the block explorer to pull them in, now I am seeing the full coinbase transaction list per block. 
     Now, I need to re-sync the block explorer from the genesis before we can release the new block explorer with the stats on the page.

Hopefully by tonight the numbers will be on the page.

Grid

Great work!

[heretolearn]

Things we need to get right before asking coincapmarket to put our coin there :

1) Linux client with mining capabilities

Reason : People are already starting to ask about it .. and its been about 3 months or more since the launch and yet no linux client ! This won't go down well with the majority of new comers who are to adopt GRC.

Solution : Either the dev can do it himself or hire someone to do it .. because it has been way too long (all other coins generally have all this sorted before launch)

2) More reliable block explorer

Reason : Sometimes the block explorer stalls and does not move ahead and sometimes even resets. This can result in the coin being removed from coincapmarket if its not reliable. It will result in GRC ending up to be a pump and dump coin to an extent (not entirely though ).

Solution : Maybe have 2 versions of the block explorer so that we can refer to either one when the other is down. Also a more comprehensive style block explorer is needed .. something based on ABE perhaps which can show details of the transactions and addresses when searched through it.

3) More marketing

Reason : If we get need to go big we possibly need to tell everybody about GRC .. even people we dont know.

Solution : Every member here should start sending messages to people about GRC (I'm sure many are) but we need more of it. Also  tag line on the site saying something like "Green, Efficient and Useful to Society" Coin. Another thing is a small writeup in a PDF explaining how this coin has the potential to transform the way cryptocurrency exists. This should be like how Vertcoin do it on their site (for the layman but effective and short). If you guys want I could do a write up on it.

NOTE : All this needs to be done on an urgent basis because coincapmarket people are not going to put more than 100 coins on their website apparently. There are about 88 already and he has promised to put up like 5 more .. so we need to get the above done quick and asap or we might miss the bus.

Let me know if I've missed out on anything guys.

Thanks

[heretolearn]

And yea one more thing : Hold your coins till atleast $10-15 (yea I know it will be too tempting to sell before that especially for early miners but if something like Vertcoin can go up to $8 then we can surely do way better considering the fact we are helping society too and not just producing hot air like other coins ).

Best of luck guys and resist the urge to sell for as long as you can

Lets do this.

[s4mmy]

Things we need to get right before asking coincapmarket to put our coin there :

1) Linux client with mining capabilities

Reason : People are already starting to ask about it .. and its been about 3 months or more since the launch and yet no linux client ! This won't go down well with the majority of new comers who are to adopt GRC.

Solution : Either the dev can do it himself or hire someone to do it .. because it has been way too long (all other coins generally have all this sorted before launch)

2) More reliable block explorer

Reason : Sometimes the block explorer stalls and does not move ahead and sometimes even resets. This can result in the coin being removed from coincapmarket if its not reliable. It will result in GRC ending up to be a pump and dump coin to an extent (not entirely though ).

Solution : Maybe have 2 versions of the block explorer so that we can refer to either one when the other is down. Also a more comprehensive style block explorer is needed .. something based on ABE perhaps which can show details of the transactions and addresses when searched through it.

3) More marketing

Reason : If we get need to go big we possibly need to tell everybody about GRC .. even people we dont know.

Solution : Every member here should start sending messages to people about GRC (I'm sure many are) but we need more of it. Also  tag line on the site saying something like "Green, Efficient and Useful to Society" Coin. Another thing is a small writeup in a PDF explaining how this coin has the potential to transform the way cryptocurrency exists. This should be like how Vertcoin do it on their site (for the layman but effective and short). If you guys want I could do a write up on it.

NOTE : All this needs to be done on an urgent basis because coincapmarket people are not going to put more than 100 coins on their website apparently. There are about 88 already and he has promised to put up like 5 more .. so we need to get the above done quick and asap or we might miss the bus.

Let me know if I've missed out on anything guys.

Thanks

Agree too! I know that Rob has so much to do but blockexplorer really should be reliable. Hopefully we see linux mining soon!

[asdlolciterquit]

And yea one more thing : Hold your coins till atleast $10-15 (yea I know it will be too tempting to sell before that especially for early miners but if something like Vertcoin can go up to $8 then we can surely do way better considering the fact we are helping society too and not just producing hot air like other coins ).

Best of luck guys and resist the urge to sell for as long as you can

Lets do this.

10-15$ for 1GRC??

for now, 1GRC = 0,0536$.....

[heretolearn]

10-15$ for 1GRC??

for now, 1GRC = 0,0536$.....

Will be possible if we all hold .... ours is the only coin with a utility. I know it seems a far stretch but look at vertcoin .. just algo change for pool resistance and its taken off .. so why not GRC ?

Maybe for that we need to hardfork it to scrypt n factor algo but for now i think utility is enough ... we will need asic resistance soon because asics have already started coming into the market.

[lmue]

Looks like Gridcoin is starting to put down more and more power on Boinc!

rocket up

[andrewp]

Looks like Gridcoin is starting to put down more and more power on Boinc!

rocket up

We are starting to really pull some serious credits!!!
If you look here, there is already a milion more credits so far today and yesterday we had a record of 1.2 mio..I'm certain we'll make a new record again today!
http://boincstats.com/en/stats/-1/team/detail/118094994/overview

Great Job!
Andrew.

[zulzedd]

I have a little request. Change please BOINC team flag from USA to International. Thanks!

[aigeezer]

I have a little request. Change please BOINC team flag from USA to International. Thanks!

Yes, please. There are team members from all over the world.

http://boincstats.com/en/stats/-1/user/list/0/0/118094994/0

[luckygenough56]

I am very impressed with this. It has different symbols inside the coin to show the different scientific field and an nice green color. Very cool!

https://99designs.com/logo-design/vote-ez45kh

Hey guys, got through the qualifying round and compiled what was rated highest into a few more polls (only 15 this time, 8 entries per poll) in order to determine which 6 designers will go on as finalists. Please go to the thread below for the poll links and help us whittle down who our finalists will be!

https://cryptocointalk.com/topic/4279-logo-competition-rating-for-6-finalists-starts-now/

i like this logo

[asdlolciterquit]

10-15$ for 1GRC??

for now, 1GRC = 0,0536$.....

Will be possible if we all hold .... ours is the only coin with a utility. I know it seems a far stretch but look at vertcoin .. just algo change for pool resistance and its taken off .. so why not GRC ?

Maybe for that we need to hardfork it to scrypt n factor algo but for now i think utility is enough ... we will need asic resistance soon because asics have already started coming into the market.

well, i really hope you are right.

I sold until now a little part of my GRC when the price was higher but now, imho, is really too low. Sure as hell, i'm going to hold and keep mining!

Just a question: in how many month do you think the price will grow like that?

[TribalBob]

To those saying we need a linux capable version, I have already confirmed that compiling the client from source using the supplied directions on Gridcoin's github works on Debian 7 and there is also a Wine compatible version which is what C-CEX is using...

[TribalBob]

And yea one more thing : Hold your coins till atleast $10-15 (yea I know it will be too tempting to sell before that especially for early miners but if something like Vertcoin can go up to $8 then we can surely do way better considering the fact we are helping society too and not just producing hot air like other coins ).

Best of luck guys and resist the urge to sell for as long as you can

Lets do this.

10-15$ for 1GRC??

for now, 1GRC = 0,0536$.....

I really think we will do better than $10-$15. IMHO Gridcoin is more innovative and more beneficial than any other alt-coin currently in existence, to include Litecoin which is currently worth ~$20... If Litecoin can reach $20 when it offered nothing new from Bitcoin other than a cpu-friendly algorithm (which is the same algorithm being used by Gridcoin and many other alts) then gridcoin should easily surpass $20 simply based on the fact that it is one of the VERY few alt-coins to be truly different from it's counterparts/competitors.

Gridcoin is not a simple cut+paste clone, there is a LOT of new custom code that has been added to this client and it rewards you for making contributions that benefit humanity in many different areas of science, health and technology.

I also believe that with the Scrypt-sleep algorithm Gridcoin has the single most fair and even distribution system which is REALLY important to the success of an alt-coin. The point of the coin is to reward those who contribute the most to the research projects and the client does EXACTLY that since the more processing power you contribute to the projects the better your chance of being able to find a block.

Right now, the only thing holding back Gridcoin's popularity is that it's confusing to a lot of people who still don't grasp the full concept, have no idea what BOINC is, are intimidated by learning a new way to set-up mining a coin or are just too obsessed with the garbage alt-coin that they've been pump-n-dumping that they just don't bother to take the time.

What will really boost the value of Gridcoin is when there are services available that accept Gridcoin for payment. When there are goods/services available that people can spend their GRC on, that is when the price/volume will begin to really climb for Gridcoin trading as that is when it will catch the eye of day-traders. Right now there is no purpose to owning gridcoins other than to sell them, we need to create reasons for other people to buy them.

But I firmly believe that within a year we will see many new services accepting Gridcoin (some of which I am working on myself) and I believe that once those services start becoming available, Gridcoin will experience larger and more rapid growth than any other alt-coin to date.

[heretolearn]

well, i really hope you are right.

I sold until now a little part of my GRC when the price was higher but now, imho, is really too low. Sure as hell, i'm going to hold and keep mining!

Just a question: in how many month do you think the price will grow like that?

Hi,

Well Ill be speculating here : if we really get out problems sorted out and hit coincapmarket in the next week and the situation is good with btc then i think say within a month we should hit between $0.5 to $1 .. right now its just $0.07 i think . So lets keep pur fingers crossed and hope for the best.

To those saying we need a linux capable version, I have already confirmed that compiling the client from source using the supplied directions on Gridcoin's github works on Debian 7 and there is also a Wine compatible version which is what C-CEX is using...

Hi ,
The linux version we have that mines runs only on wine ... that won't cut it if we are to go big (which I hope we do). There needs to be a "native" linux client soon with mining capabilities. The github page has 2 versions of the "native" linux version I believe : 1) The normal client (holding a wallet) and 2) The daemon for rpc calls (The version C-CEX is using is this one I believe). Both are incapable of mining.

Quoting form the github page :

1. Native Headless Daemon that will work as a coin client (mining disabled)
# 2. Native Gridcoin-qt GUI Wallet that will work as a coin client (mining disabled)
# 3. Wine version of Gridcoin-qt GUI that will mine and will run on linux, mac and windows

[heretolearn]

Can anybody tell me the "beacon" that is sent out while cpu mining goes to which/whose address ? It's been a mystery to me so far.

[TribalBob]

well, i really hope you are right.

I sold until now a little part of my GRC when the price was higher but now, imho, is really too low. Sure as hell, i'm going to hold and keep mining!

Just a question: in how many month do you think the price will grow like that?

Hi,

Well Ill be speculating here : if we really get out problems sorted out and hit coincapmarket in the next week and the situation is good with btc then i think say within a month we should hit between $0.5 to $1 .. right now its just $0.07 i think . So lets keep pur fingers crossed and hope for the best.

To those saying we need a linux capable version, I have already confirmed that compiling the client from source using the supplied directions on Gridcoin's github works on Debian 7 and there is also a Wine compatible version which is what C-CEX is using...

Hi ,
The linux version we have that mines runs only on wine ... that won't cut it if we are to go big (which I hope we do). There needs to be a "native" linux client soon with mining capabilities. The github page has 2 versions of the "native" linux version I believe : 1) The normal client (holding a wallet) and 2) The daemon for rpc calls (The version C-CEX is using is this one I believe). Both are incapable of mining.

Quoting form the github page :

1. Native Headless Daemon that will work as a coin client (mining disabled)
# 2. Native Gridcoin-qt GUI Wallet that will work as a coin client (mining disabled)
# 3. Wine version of Gridcoin-qt GUI that will mine and will run on linux, mac and windows

I see, I had missed that. I had assumed since the daemon compiled, downloaded the blockchain and accepted RPC calls it was working. That's what I get for assuming...