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Sparood
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October 15, 2014, 10:33:48 AM |
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I would like to ask both of you to head over to the cryptocointalk forum.
There is a dedicated help thread to amswer your questions. I don't mine gridcoin so it's hard to answer for me.
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Whoever mines the block which ends up containing your transaction will get its fee.
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pallas
Legendary
 Offline
Activity: 2716
Merit: 1094
Black Belt Developer
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October 15, 2014, 10:58:56 AM |
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I would like to ask both of you to head over to the cryptocointalk forum.
There is a dedicated help thread to amswer your questions. I don't mine gridcoin so it's hard to answer for me.
Do you mean this thread: https://cryptocointalk.com/topic/18805-gridcoin-proof-of-research-information-and-support/there are 2 questions from yesterday and no answers... I thought more people would read my questions here. |
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alicea
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October 15, 2014, 12:02:41 PM |
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Who is the dev?
My opinion is that the problem starts when there's PoR and scrypt PoW running in the same time. I think that a better idea would be to have pure PoR or PoS/PoR, because it's safer. Maybe instead of repairing blockchain every day (or twice a day), it would be better to finish PoW and switch to pure PoR (or rather PoR/PoS) now? And I wonder if the PoR block minting is a good idea (let's compare it to curecoin, where the research makes no blocks but a normal trasfer hashed by asics, here it should be hashed by PoS). By this ocasion the reward algorithm could be improved: no halvings, but more proportional amount of coins to the amount of points in long term.
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traderman
Legendary
Offline
Activity: 1260
Merit: 1001
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October 15, 2014, 12:18:03 PM |
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The dev Rob, does not really post much on bitcointalk, you should probably head over to cryptocointalk! Who is the dev?
My opinion is that the problem starts when there's PoR and scrypt PoW running in the same time. I think that a better idea would be to have pure PoR or PoS/PoR, because it's safer. Maybe instead of repairing blockchain every day (or twice a day), it would be better to finish PoW and switch to pure PoR (or rather PoR/PoS) now? And I wonder if the PoR block minting is a good idea (let's compare it to curecoin, where the research makes no blocks but a normal trasfer hashed by asics, here it should be hashed by PoS). By this ocasion the reward algorithm could be improved: no halvings, but more proportional amount of coins to the amount of points in long term.
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Sparood
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October 15, 2014, 07:43:40 PM |
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Who is the dev?
My opinion is that the problem starts when there's PoR and scrypt PoW running in the same time. I think that a better idea would be to have pure PoR or PoS/PoR, because it's safer. Maybe instead of repairing blockchain every day (or twice a day), it would be better to finish PoW and switch to pure PoR (or rather PoR/PoS) now? And I wonder if the PoR block minting is a good idea (let's compare it to curecoin, where the research makes no blocks but a normal trasfer hashed by asics, here it should be hashed by PoS). By this ocasion the reward algorithm could be improved: no halvings, but more proportional amount of coins to the amount of points in long term.
PoW is only running on classic, PoR is the new chain with the converted coins. Are you on CCT yet? |
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firedoner
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October 15, 2014, 09:22:30 PM |
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when can we start exchanging our old coins for the new??
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Sparood
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October 15, 2014, 10:08:23 PM |
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when can we start exchanging our old coins for the new??
You can start already, please follow the instruction on the burn page carefully! I have asked Rob to remove the text saying you cannot use it yet. |
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RTMoney
Newbie
Offline
Activity: 40
Merit: 0
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October 16, 2014, 02:29:07 AM
Last edit: October 17, 2014, 05:20:00 PM by RTMoney |
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The dev Rob, does not really post much on bitcointalk, you should probably head over to cryptocointalk! Who is the dev?
My opinion is that the problem starts when there's PoR and scrypt PoW running in the same time. I think that a better idea would be to have pure PoR or PoS/PoR, because it's safer. Maybe instead of repairing blockchain every day (or twice a day), it would be better to finish PoW and switch to pure PoR (or rather PoR/PoS) now? And I wonder if the PoR block minting is a good idea (let's compare it to curecoin, where the research makes no blocks but a normal trasfer hashed by asics, here it should be hashed by PoS). By this ocasion the reward algorithm could be improved: no halvings, but more proportional amount of coins to the amount of points in long term.
We spent almost 4 months discussing, voting as a community, and testing the Proof-of-Research wallet. Most of the information about testing and discussion is contained in these threads: https://cryptocointalk.com/topic/13792-testers-wanted-gridcoinstake/https://cryptocointalk.com/topic/16940-proof-of-research-and-economic-variables/and starting about page 270: https://cryptocointalk.com/topic/1331-new-coin-launch-announcement-grc-gridcoin/In all there are well over 150 pages of in depth discussion that lead to the current launch of Proof-of-Research. The new wallet is pure Proof-of-Research plus Stake now. Only the wallet in retirement uses scrypt Proof-of-Work and the community decided that 6 months was a sufficient amount of time to convert the Classic coins to the new Research coins. For the next 6 months there will be 2 wallets, the Classic wallet that runs on Proof-of-Work with a reduced reward and the Research wallet that runs on Proof-of-Research plus Stake. For the most up to date information visit the wiki at: http://wiki.gridcoin.us/Main_Page |
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alicea
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October 16, 2014, 10:49:19 AM |
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The new wallet is pure Proof-of-Research plus Stake now. Only the wallet in retirement uses scrypt Proof-of-Work and the community decided that 6 months was a sufficient amount of time to convert the Classic coins to the new Research coins.
Great! I didn't understand it properly before  One more question - my world community grid shows: Gridcoin 10/14/2014 - Current 0:002:06:48:15 9,964 the email is in .conf file When should I receive first coins? |
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firedoner
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October 16, 2014, 01:23:13 PM |
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before i burn coins do i have to have a new wallet installed as well as the classic wallet??
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Sparood
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October 16, 2014, 08:45:57 PM |
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before i burn coins do i have to have a new wallet installed as well as the classic wallet??
Yes! |
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traderman
Legendary
Offline
Activity: 1260
Merit: 1001
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October 16, 2014, 08:52:13 PM |
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Please read the instructions carefully before doing anything! Also try a small amount first just to make sure you know how the process works!! http://pool.gridcoin.us/CoinExchange.aspxbefore i burn coins do i have to have a new wallet installed as well as the classic wallet??
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alicea
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October 16, 2014, 10:29:17 PM |
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The new wallet is pure Proof-of-Research plus Stake now. Only the wallet in retirement uses scrypt Proof-of-Work and the community decided that 6 months was a sufficient amount of time to convert the Classic coins to the new Research coins.
Great! I didn't understand it properly before One more question - my world community grid shows: Gridcoin 10/14/2014 - Current 0:002:06:48:15 9,964 the email is in .conf file When should I receive first coins? Tried to run boinc on GPU...and went back to mining. GPU computing must be improved or a clear instruction what to do, what settings, what variables etc published. Otherwise the best crypto-idea will fall and only we, three persons will write in this thread. BTW: when I'll get my coins for CPU-computing during last days? |
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traderman
Legendary
Offline
Activity: 1260
Merit: 1001
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October 17, 2014, 12:52:35 AM |
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The Gridcoin classic wallet will be shut down on the 20th of October and the new POR (Proof of Research) wallet will be going live on the exchanges!! So if you want wait till the 20th and then you can buy some POR GRC on the exchanges and start with the new wallet which is much more simple to run! Forget about GRC classic!
The new wallet is pure Proof-of-Research plus Stake now. Only the wallet in retirement uses scrypt Proof-of-Work and the community decided that 6 months was a sufficient amount of time to convert the Classic coins to the new Research coins.
Great! I didn't understand it properly before One more question - my world community grid shows: Gridcoin 10/14/2014 - Current 0:002:06:48:15 9,964 the email is in .conf file When should I receive first coins? Tried to run boinc on GPU...and went back to mining. GPU computing must be improved or a clear instruction what to do, what settings, what variables etc published. Otherwise the best crypto-idea will fall and only we, three persons will write in this thread. BTW: when I'll get my coins for CPU-computing during last days? |
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alicea
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October 17, 2014, 07:13:56 AM |
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I mean PoR only, and I don't want to buy anything I have the new wallet and computing since a week. I'd like to know when my GRC will be in my wallet only. The Gridcoin classic wallet will be shut down on the 20th of October and the new POR (Proof of Research) wallet will be going live on the exchanges!! So if you want wait till the 20th and then you can buy some POR GRC on the exchanges and start with the new wallet which is much more simple to run! Forget about GRC classic!
The new wallet is pure Proof-of-Research plus Stake now. Only the wallet in retirement uses scrypt Proof-of-Work and the community decided that 6 months was a sufficient amount of time to convert the Classic coins to the new Research coins.
Great! I didn't understand it properly before One more question - my world community grid shows: Gridcoin 10/14/2014 - Current 0:002:06:48:15 9,964 the email is in .conf file When should I receive first coins? Tried to run boinc on GPU...and went back to mining. GPU computing must be improved or a clear instruction what to do, what settings, what variables etc published. Otherwise the best crypto-idea will fall and only we, three persons will write in this thread. BTW: when I'll get my coins for CPU-computing during last days? |
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traderman
Legendary
Offline
Activity: 1260
Merit: 1001
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October 17, 2014, 11:41:01 AM |
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For POR you need coins in your account that are "staked". This is not like POW where you find blocks with actual hashing!! Do you understand that? You either need to convert old GRC classic to new POR GRC or you have to wait till the around the 20th of October when the POR GRC starts trading on the exchanges and get some POR GRC so you can start staking in your wallet!! IF you have no coins right now in your POR wallet you will not receive anything!! You need to have coins in your POR wallet!! I mean PoR only, and I don't want to buy anything I have the new wallet and computing since a week. I'd like to know when my GRC will be in my wallet only. The Gridcoin classic wallet will be shut down on the 20th of October and the new POR (Proof of Research) wallet will be going live on the exchanges!! So if you want wait till the 20th and then you can buy some POR GRC on the exchanges and start with the new wallet which is much more simple to run! Forget about GRC classic!
The new wallet is pure Proof-of-Research plus Stake now. Only the wallet in retirement uses scrypt Proof-of-Work and the community decided that 6 months was a sufficient amount of time to convert the Classic coins to the new Research coins.
Great! I didn't understand it properly before One more question - my world community grid shows: Gridcoin 10/14/2014 - Current 0:002:06:48:15 9,964 the email is in .conf file When should I receive first coins? Tried to run boinc on GPU...and went back to mining. GPU computing must be improved or a clear instruction what to do, what settings, what variables etc published. Otherwise the best crypto-idea will fall and only we, three persons will write in this thread. BTW: when I'll get my coins for CPU-computing during last days? |
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pallas
Legendary
Offline
Activity: 2716
Merit: 1094
Black Belt Developer
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October 17, 2014, 11:56:43 AM |
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For POR you need coins in your account that are "staked". This is not like POW where you find blocks with actual hashing!! Do you understand that? You either need to convert old GRC classic to new POR GRC or you have to wait till the around the 20th of October when the POR GRC starts trading on the exchanges and get some POR GRC so you can start staking in your wallet!! IF you have no coins right now in your POR wallet you will not receive anything!! You need to have coins in your POR wallet!!
This wasn't clear to me as well. The wallet says "boinc mining" and it's not true. Also it's a pity I have compiled, installed, worked on it and boinc-end and I'll not get anything for days, cause I need to have stake power for a coin which currently I can't buy. Not everybody's been following the coin for months. I've gotten in a couple weeks ago and read a lot of docs, but I didn't notice that for POR I need POS, and it seems I'm not the only one. |
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traderman
Legendary
Offline
Activity: 1260
Merit: 1001
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October 17, 2014, 12:22:15 PM |
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Then go to one of the exchanges and buy a small amount of classic GRC and convert it to POR GRC using the burn page: http://pool.gridcoin.us/CoinExchange.aspx then you will have some stake in your wallet! For POR you need coins in your account that are "staked". This is not like POW where you find blocks with actual hashing!! Do you understand that? You either need to convert old GRC classic to new POR GRC or you have to wait till the around the 20th of October when the POR GRC starts trading on the exchanges and get some POR GRC so you can start staking in your wallet!! IF you have no coins right now in your POR wallet you will not receive anything!! You need to have coins in your POR wallet!!
This wasn't clear to me as well. The wallet says "boinc mining" and it's not true. Also it's a pity I have compiled, installed, worked on it and boinc-end and I'll not get anything for days, cause I need to have stake power for a coin which currently I can't buy. Not everybody's been following the coin for months. I've gotten in a couple weeks ago and read a lot of docs, but I didn't notice that for POR I need POS, and it seems I'm not the only one. |
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