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#196423 New Coin Launch Announcement - GRC - GridCoin

Posted by Rob Halförd - (Gridcoin) on 05 October 2015 - 09:52 AM



The generous community has funded those 3 services well and I thank them!


We really do have a very strong community here and I'm proud to be part of it."



Yes, we do, and judging from some other threads I have read in crypto's, I think we might have the best community EVER!  And I feel the same way!  


Overall, our community is hard working, honest, gratuitous, intelligent, pleasant and always has the greater good in mind.  


Cheers to our community!

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#221092 New Coin Launch Announcement - GRC - GridCoin

Posted by Rob Halförd - (Gridcoin) on 01 August 2016 - 11:06 AM

Alright, great news!  I finally found a co-dev!


Hes very experienced, goes by the handle "Joe", and wrote part of Augur:


He's a c++ developer, worked on the back end of Truthcoin, done a ton of github commits, and also wrote an exchange crypto arb program while running 50 simultaneous coins.


Hes got his PhD in Math and masters in Statistics.  He has worked as a risk manager at an Options trading company! (How exciting is that?) So hes also very excited about quant.gridcoin.us.


I negotiated a starting rate by the hour for him and gave him an assignment to compile the latest and look at the syncing problem the external nodes have been having.  We are emailing back and forth.

Im going to cover the charges for his invoices at first, but in the long run Im hoping to bill back 1/2 of the charges to the foundation that are related to Gridcoin only (IE Ill cover most of the wages related to the quant fund out of my pocket).



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#26164 [Give Away] Bitcoin sCrypt? GET SOME! BTC sCrypt to give away (yes, you c...

Posted by fuzzy on 09 January 2014 - 04:07 AM



Free Bitcoin-sCrypt can be obtained from this online faucet:



Fuzzy is no longer giving away free BTCS.





Dear Friends,


Because of the overwhelming response to this thread, I am giving away another 50 coins at a rate of one (1) coin per user. Please continue to post your addresses here, ONLY IF YOU ARE A NEW Bitcoin sCrypt USER! If you have already received a coin, please do not post again.


I have created a donation thread, and as coins are donated to this specific purpose, I am giving them away. Let's go!


Please read below exactly what I am giving away, this is the Scrypt version of Bitcoin. Wallet details below - enjoy!



Dear Friends,


Because I am extremely happy that we now have a great Bitcoin sCrypt wallet, that syncs from scratch and that can co-exist with Bitcoin SHA-256 on a system, I am giving away some coins! I will give away 5 coins to the first 10 posts, 3 coins to the next 10, and if there is more interest, I will continue to give away 1 coin to each address posted until I have given away 150 in total. If, after that there is more interest, I might give away some more! To be clear, this is Bitcoin sCrypt that I am giving away, NOT Bitcoin SHA 256


Download the new client here:


Windows 1.2.0



Proceed with care moving over your wallet.dat file, or if you are new to Bitcoin sCrypt, just let it sync. If you have questions on this, post it in a separate thread, I will help you there, this is just for wallet addresses!


Sync, and then generate a new address, post it here, and I will send some coins your way. Spread the word! 



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#213152 New Coin Launch Announcement - GRC - GridCoin

Posted by Vortac on 17 April 2016 - 03:32 PM

Our science advertising campaign has been active for ~24 hours now. We got 258 clicks, 88586 impressions, average click-through rate (CTR) is 0.29%, average cost-per-click (CPC) is only 5 cents. We got quite a lot of clicks from mobile-optimized websites, but we stand to gain more from desktop users, so I am tuning the campaign towards them. Desktop clicks are usually a little more expensive, so by tomorrow average CPC will probably increase somewhat, to 6 or 7 cents. Still quite affordable, I have never imagined we could get away with such a low price on Google AdWords.


This campaign is now running from a separate Google account, registered solely for Gridcoin advertising purposes. If anyone wants to take a look into it, I will send him the login instructions.


If this campaign is getting results, we should see some brand new users joining in, with zero BOINC credits (since we are targetting general public here really). At this rates, I estimate 60-70 USD will be enough for 1000-1500 clicks which again should be enough to make an initial assessment of campaign (un)successfulness. Bear in mind however, that conversion rates for such ad campaigns are usually well below 5% and our Gridcoin conversion can be quite difficult for newbies.



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#198150 New Coin Launch Announcement - GRC - GridCoin

Posted by RTMoney on 23 October 2015 - 09:59 PM

Finally published the video. Learned a lot, disappointed in the difference between what I see on my computer and what I see on youtube after all the a/v conversions but the message is there:


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#195574 New Coin Launch Announcement - GRC - GridCoin

Posted by BGB on 29 September 2015 - 06:56 PM

BGB from IRC just posted this GRC tutorial video and I think it is pretty good. I think this will help all the new people a lot!! If he registers on this forum I think we should give him some extra GRC as a reward. He really did a great job!




Thanks. I have been a lurker on the forum for a while. This was my first video tutorial ever. I want to continue building on it, for example #2 might be converting it to BAM and setting up or configuration multiple projects. Then security, research age, troubleshooting problems etc... I want to let the system run for another week or so just to show magnitude and how all that works out. I would prefer to get into the code side of things, but I just don't have time and Rob does such a damn good job. I was looking for something to contribute....

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#140404 New Coin Launch Announcement - GRC - GridCoin

Posted by Eyes on 19 October 2014 - 01:51 PM

Thank you. This is an argument I can work with.


I wish I could put this down in German, my native language, but I guess it wouldn't be fair in front of the others who couldn't follow this or argue.

Open discussion and constent has always been an importent point for this community and especially to Rob.


I agree to the way you have to see it, looking only at the numbers.

Because I can't really argue the global numbers, I want to tell you how I, as a 1st day supporter feel about GridCoin and the development of the coin.


The current step of converting "old" to "new" GridCoin was a technically nessesary step on the way of getting out of numerous problems and dowsides of the "old" system.

The old system up till today has weaknesses that are the result of fixes and necessary workarounds to ever new threads to the system.

I.e. tha fact that up til tomorrow (yes, it's gonna be OVER) people with mininmal boinc contribution and massiv asic hardware can abuse the system to hoard huge amounts of GRC pisses me off! It makes me sick, that they make more GRC per hour then I make in a month with 16 cores dedicated to boinc!

However, this is having an end tomorrow, wich makes me more then happy.

From the technical side, allowing this to happen was absolutely necessary to secure the blockchain taht had been attacked dozens of times. At that time, there where no scrypt asics on the horizon and this seemed to be a goable way.

Time flies and technical development flies even faster. For about 2 months we have hashrates in the tera hash regions instead of the good old megahashes.


Rob and the community found a way, to end this ASIC WAR introducing the new Gridcoin, but it took time.

It's not like something you slip from out of your sleeve and present it. The system was re-designed from scratch, tested, improved, discussed and agrred on by the active community.

IT IS a big annoyence to me, that in the past 4 weeks single individuals have potentially earned more then I did in the whole last year, but I accept this looking at the futur potential.


Just for you to put the gravity of my opinion into relationship with your numbers:

Within the last year, I have spent ~2,000 Euros on Hardware and ~1500 on extra electricity.

I invested 1000+ hours with setups, tests, discussions, suggestions and things developers do to find problems.


I converted all my coins early, so as of today I own 1,333,851 new GRC.

My address is RxWx4oFnC7YpRxt79M7TuSyHeP9CrZEDri, in case you want to check.

My CPID is 9606aa8d8e264ee80594b83ec77227c9 in case you want to see my contribution.


You see, I have no reason, from an investors point of view to call this fair, but despite all the downsides, problems and unfair earnigs of a few in the past, I strongly support this coin and will not stop to point out the benefits:

  • From tomorrow on, the only way to earn GRC is to invest power in boinc!
  • There's no investment someone can make to increase his payouts that is not directly beneficial for boinc
  • This is the only coin that has this feature so far and will be for a long time
  • The Development, not only of software but also of the whole architecture behind rewarding only boinc contribution is a revolution that has been achieved by the common work of Rob and some strong supporters of a great idea.
  • Some have found ways in the process to use the system for their own benefit, but the mayority here has been extremely supportive through heavy times and if they are rewarded, they deserve it. Those who tricked the system in the meantime are shut of as of tomorrow.
  • After more then a year, GridCoin is still alive wich compared to hundreds of other coins is an achievement of people who really believe in their coin.

Write what you have to write, but please don't miss your chance to point out the good and unique points too and don't underestimate the fundamental change GridCoin will bring to the crypto world. I'm using 100 % of the mining effort for science and with this, the coin I mine is the first one to keep a promise that was made the very first day of existence.



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#233546 New Coin Launch Announcement - GRC - GridCoin

Posted by Rob Halförd - (Gridcoin) on 12 February 2017 - 08:53 PM

Gridcoin Research
Leisure Upgrade
- Removed the dependency on Netsoft to test a new CPID
- Modified 'list cpids' to detect the users projects and CPID without a call to Netsoft
- Modified 'execute proveownership' to work in a decentralized fashion
- Tested 'execute advertisebeacon' to ensure it works with a valid new CPID with 0 rac
- Note: New users must have boinc installed with at least one project mounted in order to advertise a beacon
  and the Gridcoin e-mail setting must match the project server e-mail address value.

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#230825 New Coin Launch Announcement - GRC - GridCoin

Posted by Rob Halförd - (Gridcoin) on 02 January 2017 - 09:40 AM

Hi All,

So I'll try to cover the lions share of whats been happening.

First, Alien mentioned above that I'm a Sr. Programmer at a midsize data company. That used to be the case. However approx. 2 years ago, I started a consulting company and quit my day job. I thought this would be positive for Gridcoin in that I could hire someone to relieve my responsibilities and I could focus more on Gridcoin.

Over the last 2 years, I have not successfully been able to train anyone to alleviate the workload. The only thing I have Not tried, is interviewing a local c# full time candidate. Thats what I am doing now. (Right now).

In November, one of my clients had a Huge change request. They asked this project be completed by the end of of 2016. It is finally finished. However they require support now.

Approx 2 weeks ago, I raised my rates. They "seemed" to hesitantly accept the rates.

So in summary, I am now hiring a local programmer and we will see what this brings.

As far as Gridcoin goes, I would like to launch a new initiative (regarding development). Instead of me being 100% responsible, why dont we have a volunteer or set of volunteers bring on a fairly advanced programmer, and we can try cross training the devs, and give them the deploy keys (as long as they prove to be proficient). Then in parallel I will still attempt to hire a proficient c++ developer, funded partially by the foundation (pending the outcome of the future vote).

I feel that we are starting to lag behind, and through this effort (cross training) I think we can build up a dev team and catch up on progress. In addition I will not be the only central point of contention for the coin: we will have a decentralized dev department. I would also like to do this with the web site (cross train a webmaster) and any other centralized repo we have left.

On the subject of Removing the Team requirement:

I'm seeing a lot of messages, mostly by the same people, that want to remove the team requirement, and they want to know what technical requirements need to be done to remove the constraint.

We can talk about that, but first I want to ask a few questions, to let everyone understand the ramifications.

If we were to Remove the team Gridcoin requirement, imo, Gridcoin would fall into shambles (as far as our compute level on boincstats-not necessarily our price or user count). A user posted on here a few weeks back: We are #4 on boincstats on such and such page, look at the growth! The only thing stopping us from moving up is removing the team so we can be #1! We would have more interest (by new users). NO. That is Not the case, here is why. Once you remove the team, random users through attrition and maintenance will gradually not care about being part of our team, and when they reset a project or recreate a project they wont go through the hassle of selecting Gridcoin. Our boincstats will slowly drop to the bottom rung.

Then we lose all leverage with any future service provider or deal (Ideas such as RTMs and Quezs to sell Burp rendering, or sell computing power) are out the window. We would have to write our own version of boincstats, to convey the compute power of our network and have people rely on that UI or text dump, instead of the gold standard (boinc stats). We could not compare ourselves side by side to any reference point. So that also weakens our integrity.

I think the only way we can approach this is to solve the data aggregation key problem first. Maybe persuade boincstats to make an aggregation key for us. But their answer will be - we already have aggregation by Team, why make a new one? If we had a way to report on our network without a team, via boincstats then to me it would make sense to consider the idea as viable. So to summarize, I think that aggregation key makes more sense to pursue first, to find if its even possible.

Or are we thinking along these lines: Once boinc participants know they can also be compensated, the huge influx of new users will constantly join, and we "become" the entire boinc network (as word would spread to every boinc user). We would have no boincstats reports, but we instead write a report and UI that shows the computing power. It still feels unusual to have no ability to compare our network to any other live teams or users in any type of leaderboard list.

Realize guys, that since boinc is running venerable software its not easy to add a web field for Gridcoin across all projects (as that would take a tweak in 70 places) and there is no guarantee anyone would honor the change - or boincstats - and no guarantee a process will be changed for us - hence the dilemma here.

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#225936 Gridcoinstats - More than just Another Blockexplorer

Posted by startail on 16 October 2016 - 06:57 AM

After some development I have now made my latest Gridcoin Project available. The page is still very much in active development and many of the functions are NOT available yet. The design is not yet fully optimized, but functional.


I present to you; Gridcoinstats.eu


This page will be a one stop for anyone to track any data on the Gridcoin network. From Blocks and Transaction details to Addresses and CPIDs with Magnitude. I have set this up for optimized uptime possibility with many fail safes to make sure the page reaches as close to 100% uptime without human interaction. It should be a place to be able to rely on.


After the last update we are now having many functions for every day usage.


Following Functions are running:

- Block Details

- Transaction Details

- Address Details + History

- CPID/Magnitude Details + History including Est. Magnitude and Interest

- Voting Details

- Projects Details

- Projects News

- Projects WU Status

- Historical Graphs for Projects WUs, Magnitude, Wallet Balances etc.


- HTTPS Support for the website



- My Page; A Place you can track specific addresses and CPIDs. No login required, a unike key will be generated to track changes.

- Open API over HTTPS for anyone to request data from; Perfect for Bots and projects that can't run a full wallet.



If there is anything specific that anyone would like to see, just give me a shout.

Donations are greatly appreciated @ SGi9Ap7HcKM7rqHE7CK8tCzJDCgzdDZJj7

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#215428 New Coin Launch Announcement - GRC - GridCoin

Posted by Rob Halförd - (Gridcoin) on 15 May 2016 - 11:34 AM

Gridcoin Research
Leisure Upgrade
- Fix neural network: ensure RAC timestamps are current and synced within 24 hours.  Reduce size of master database by filtering unecessary rows.
- Remove potential database memory leak
- Add watchonly support (req by Derp): Bitcoin d4640d7, 952877e, d7d5d23, f87ba3d, 0fa2f88, f606bb9 (Affects RPC calls for getbalance, listreceived, listreceivedbyaddress, listreceivedbyaccount, listtransactions, listaccounts, listsinceblock, gettransaction).
- Added code to keep the node in sync.  Periodically, if the client falls out of sync for more then 30 minutes, the client asks other nodes for blocks, clears orphans, clears ban flags, reconnects to the network, reloads the chain and resyncs.
  b. Added execute recover (this manually attempts to recover).
- Moved Surpassed max inbound connections to (debug=true) to remove spam from the logs.
- Add hex support to getrawtransaction for coinvault.io.

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#206789 [Discussion] Mandatory team 'Gridcoin' membership requirement

Posted by RTMoney on 19 January 2016 - 01:04 PM

When I consider changes to Gridcoin I ask myself 3 questions:

  • Will this increase/decrease security?
  • Will this benefit/hurt BOINC?
  • Will this benefit/hurt Gridcoin?

The short answer to these questions is that removing the team requirement will lower CPID security, will be at best net neutral and is likely to be a net detriment to BOINC, and will be at best a net neutral for Gridcoin but is likely to be a detriment in the long term. Therefore, I believe the requirement should remain. For those willing to read, my reasoning is in the rest of the post.


Before I start pointing out the problems with removing the team requirement, I want to help everyone understand that more researchers does not make the market price higher. There are 3 ways the value of anything is increased: velocity (or utility/use), restriction of supply (holding/saving), or increase of demand (buying). More researchers covering their costs by selling sell their coins increases supply available for sale. If you understand economics in the absence of more demand, more supply equals lower price. If you don't believe me refer to the price of oil as the most recent example. That being said, I don't believe the discussion of price has any place in the topic of a team requirement as it is all speculation anyway and there are much larger forces that will move the price around.


Security is of utmost importance when you consider that the tokens we issue do have a value and when money is involved, bad actors tend to have more incentive for bad behavior. By having the team requirement, when a CPID changes their team affiliation they prove they own the CPID and they effectively announce their intent to participate in the Gridcoin network. Once a CPID sends a Beacon the work for that CPID is then credited to the correct address. It is very difficult to steal a CPID, but If someone discovered a way to connect to a CPID without the real owner knowing under the current system they couldn't get credit for the real owners work because they would have to change the team affiliation first. Without the team requirement they could connect, receive credit for others work and no one would be the wiser. There are ways to make the security around CPIDs stronger but removing the team requirement lowers security however you look at it. It's the equivalent of turning off the firewall on your router if you don't need to, sure you might have other protection on your network and maybe you would be okay, but if you don't need to turn off the firewall why would you remove the protection?


The whole point of Gridcoin is to help increase BOINC participation. Removing the team requirement distributes rewards to people who are already donating resources to BOINC for free. The individuals who do know about Gridcoin but choose to stay with their team for whatever reason are giving up an economic incentive voluntarily. By allowing them to receive an incentive they would otherwise forego an increase to difficulty is experienced without an increase in BOINC contribution. This has the effect of making magnitude harder to achieve for everyone else while simultaneously and does not increasing contributions to BOINC, something I am not in favor of. I'm not against a larger network or higher difficulty/lower rewards because of increased BOINC contribution, in fact I am all for increasing the network contribution to BOINC and that is what Gridcoin is here for and currently doing. The opportunity cost of this is the person who would consider BOINCing if they could offset their costs can no longer offset their costs without an increase in market price, which as discussed before isn't going to automagically happen if we opened the team requirement flood gates so to speak. The net effect of this is the marginal profit motivated BOINCer who can no longer cover costs stops contributing or the marginal profit motivated potential BONICer does something else because the reward is too low. By giving rewards to people who are already donating to BOINC for free we will dilute the rewards and push contributors on the margin out, this is a net detriment to BOINC.


The argument has been made that "potentially" there is capacity that isn't being utilized that would come online if these individuals could offset some of their costs. Assuming this is true (this is a HUGE assumption) and we increase the contribution to BOINC due to rewarding Gridcoin to everyone then the question that must be asked is: How much untapped capacity is this and what is the opportunity cost? First, the BOINCer in question could already start a second CPID, join Gridcoin and put that capacity toward BOINC, not leave their team and get paid for that unused capacity. This leads me to the conclusion that IF this capacity does exist, it is extremely small or the economic incentive is too low for the Researcher to set up the wallet and extra CPID. Thus this extra capacity doesn't exist or the marginal reward is already too low. Either way the dilution will have the effect of lowering the net contribution to BOINC as marginal capacity is pushed out or people who have never contributed to BOINC realize that the reward is too small for them to be interested in starting.


The most compelling argument for removing the requirement is so a few members can go around to team forums and talk about Gridcoin without being berated and accused of team poaching. To me this is at best giving up a long term benefit for a short term gain. We all know how this will go, a very small group of Gridcoiners will go around spamming team sites for a month we will see a sudden spike in network participation, then the posts will trail off to a trickle and every now and then someone will ask a question and no one will be around to answer it and network growth will level off again. This may increase the number of Gridcoin users in the short term but the BOINC pool of users is limited and it is shrinking. This does not increase contribution to BOINC and access to team forums comes at an extremely high cost.


If we remove the the team requirement our rankings will be threatened and the contribution of Gridcoin to the scientific community will be more difficult for non-experts to quantify. Remaining a top team on every project site and and every stat site is a persistent presence in front of BOINCers. Also, the contribution Gridcoin has made to BOINC remains easily quantifiable and easy for anyone looking at the numbers to understand. The media, public, Berkley, project leaders, etc. all know exactly how much Gridcoin has contributed with one glance, this is a huge advantage in promotion and discussions about Gridcoin. Giving up the team requirement would sacrifice a long term benefit of leader board position for a short period of promotion on team sites. Thus this is likely a net detriment to Gridcoin.


I could continue on with every point in the OP but for the most part every argument for removing the requirement is speculation/opinion and a counter argument can be made for keeping the team requirement that is equally as speculative/opinionated. These are the facts: Security would be lowered, team ranking would be threatened, marginal/profit motivated Researchers would be pushed out or fail to ever start contributing. The downside risk of changing a system that has been a part of our very success is far greater than any potential upside benefit, therefore I believe this discussion should be dropped in favor of spending that time and effort promoting Gridcoin and BOINC to people who don't already BOINC.

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#203808 New Coin Launch Announcement - GRC - GridCoin

Posted by evoked on 13 December 2015 - 03:41 PM

You are all right in your own way. I want to apologise to the entire community for my inability to accept the situation and resorting to such low levels of remarks, comments, arguments and reasoning. You have done very well. You should be proud of your success. It does suck - so badly - that i lost my coins and that I did not keep up with the process. Though i assure you i did not come back because of the price and did not miss out due to being lazy. I just want my original coins to valid and be able to be a part of the network. Though with that being said, that does not give me the right to demand the community to vote in my favour like a spoilt person. 


It was publicly announced and the grace period is over. You decided as a community what to do with the remaining coins and made a decision. If i wanted to be a part of it, i should have been there to do so. But i wasnt and its past that point. I did not mean to offend or insult anyone. I was looking for justice and believe that in a p2p network and a decentralized arena no person is above another, no matter if you are the founder or a node. Lesson learnt and thank you all for your patience. I did not want it to turn out like this. I respect GRC and what it is doing and has done. It will always be above CureCoin and FoldingCoin imo as the leader of this. I acted out of anger and that is no excuse to speak and demand the way i did. Good luck to you all and thanks for actually trying to help me out despite it all. 




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#195582 New Coin Launch Announcement - GRC - GridCoin

Posted by Blaze9 on 29 September 2015 - 09:26 PM

Man, I just joined this Gridcoin movement. I'm a Graduate Student at a university in the States, and we do research using Next-Generation Sequencing. As such I built a fairly beefy compute cluster for my department/mentor/project. We just finished a large segment of our calculations and my cluster is totally idle. I can't wait to see ResearchAge go live. 


Rob, this is one hell of a project, thank you for giving people the initiative to do @home research!


We at the Academia end of the stick really really appreciate it! 

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#179725 New Coin Launch Announcement - GRC - GridCoin

Posted by Rob Halförd - (Gridcoin) on 22 April 2015 - 08:38 PM

Gridcoin Research
Leisure Upgrade
- Removed all extraneous Gridcoin Classic functions from Research codebase
- Removed 90% of dead code (NOTE: I did not get around to removing zerocoin's libs yet; will work on that in phase II)
- Started phase I of cleanup - this will take longer than expected
- Added Gridcoin Galaza Game to the Advanced menu (Note: this is primarily to release the code into opensource) - play it from the menu
- Tested the coin in Prod successfully (safe to upgrade)

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#170525 New Coin Launch Announcement - GRC - GridCoin

Posted by sEpuLchEr on 27 February 2015 - 05:57 PM

Just did a simple twitter header. If anyone wants to use it, it's here http://i.imgur.com/4yF6KRx.png



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#169976 New Coin Launch Announcement - GRC - GridCoin

Posted by Rob Halförd - (Gridcoin) on 24 February 2015 - 08:49 PM

First, I could not resist the BU magnetism, so I had to join in on the madness, so I bought a 105gh asic miner today.  I just installed it, and my RAC is up to 3000 already within 6 minutes of hashing, and I have a brand new CPID to test this with.




This will be interesting; Ill report my findings over the next 30 days.


I do want to add a couple of things that I think we should do, and I believe others like TheLostBoy feel the same way....


We should embrace the BU project for the positive aspect of the charitable contributions funding science projects in distress.


We should work our way up to the #1 global position.




Then, I think we should remember our roots.  Our mission is still to benefit the most complicated science problems that will help humanity, such as Ebola, aids cures and creating new nanomaterials.


I already feel that the credit per cobblestone ratio reward is causing a frenzy of activity to participate in BU strictly for huge credit rewards and it is disrupting the entire foundation of boinc (by overrunning the other projects and causing people with old rac to feel like the efforts are diminishing).


I think once we have a little more leverage (IE top #1 position globally) we should ask that the reward system is re-evaluated to make BU an equal share among all the projects.  The pie chart should be approximately equal, not 99% BU and 1% hard science.



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#167328 New Coin Launch Announcement - GRC - GridCoin

Posted by Rob Halförd - (Gridcoin) on 13 February 2015 - 09:07 AM

If I'm not mistaken, we are waiting to make sure the noobie rules didn't get broken with some of the changes that were made, there have been some issues getting past the first 3-5 blocks for a couple new researcher and it is being investigated.  


There has been some further discussion in the white-list thread and I think consensus is that a couple projects deserve a closer look and possible exclusion due to some information discovered about the projects after further review: 



Once these two things get squared away we might be ready unless Rob has some other changes I am currently unaware of.  



As a reminder there are ~51 more days left until classic reward drops from 10 to 0.1 

RTM, Cobra, All,


Well I'm happy we chose that date for classic to move to .1 as with the schedule we are moving on we would probably need every last day to go live.  Sorry for the dry humor and Im partially exaggerating lol.


I have an update that I think explains a lot.  I believe this will be a good enhancement to gridcoin.  Ive been mining as cobra for 24 hours on one of my smaller nodes with 5000grc.  I was able to generate 3 POR blocks and then the client stopped generating (and its been about 18 hours).  I was able to dive in and see whats going on.  


Basically what is happening is before the client heads into the stakeminer to generate a POR block, it selects some coins for staking by finding all applicable unspent unstaked coins with a maturity > 16 hours.  The SelectCoinsForStaking will work for approx 1 minute, until it has a coin set that exceeds its threshhold.  It turns out, the static threshhold in GRC is Balance minus reservebalance.  Another words, if possible, we stake all your coins.  So this explains why we have such a long lull after the entire balance is staked.


So, for a change, I think we need to determine If this is a POR block being generated, lets not stake more than half of the available unspent balance.  This way even with halfs of halfs, we should not run out of mature coins for POR.  And that algo would be self regulating.


I think this will be a fundamental change that really needed to be integrated in our system the whole time and it should smooth out the areas of volatility we experienced.  I think it completely explains with certainty why the newbies stopped staking after a few blocks and the rules were so elusive, the whole time it was due to running out of coins.  The higher GRC nodes did not experience this because they would break out in approx 1 minute with enough coins to stake and never actually exhausted the entire balance at once.


So in light of this, Ill work on a mandatory change and have it done by the end of the day.



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#161337 New Coin Launch Announcement - GRC - GridCoin

Posted by RTMoney on 15 January 2015 - 02:00 PM

Here is a sneak peak at something I've been working on the last couple days - live data charts for blockchain visualization:



Still a little slow and the charts are currently fixed to look back at the last 500 blocks but I should have that fixed by this weekend along with a few other updates to the research block explorer.

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#195191 New Coin Launch Announcement - GRC - GridCoin

Posted by andrew_wood on 26 September 2015 - 07:52 AM

Hello Everybody,


The PiGrid Kickstarter project seems very worthwhile, I just donated to the cause.  Creating a plug-n-play option such as PiGrid will expose GridCoin to the general public and allow the masses to assist the scientific community without PC configuration requirements of BOINC or the GRC client, which is a huge benefit!  I'm excited to see the upgrades and progress on documentation and other efforts to make GRC simple, stable, and easily available for everybody.  I can assist with updating and editing the documentation.


I haven't been involved long with GRC, however I'm very impressed with the dedication, knowledge, responsiveness, perseverance, and philosophy of Rob Halford and the entire GridCoin team.  With such resources developing the backend of this project, it will succeed and thrive.  Thanks to all.



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