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  1. 22 points
    smika

    CRYPTOHAWK!!!!

    CRYPTOHAWK CryptoHawk ICO is in phase 2 right now. Phase 1 has been completed succesfully. We had no Pre-ICO. Website: https://cryptohawk.com World's first "All-In-One" solution. - Payment provider, exchange service, crypto credit cards and crypto ATM's. - Softcap reached already - Swiss based company🇨🇭 - Our currency will be listed on the most popular exchanges after the ICO. - Community +8000 members - Already received 3955 emails - 25% profit participation proportionally for all investors as soon as we launched our exchange service. Payments are at the end of every month. -Tokens sold for more than 34 countries - Unsold tokens will be burned -There is no minium or max. investment amount. Tthe first investor level starts at 250 USD.
  2. 15 points
    Hi guys, I want to share with you what will be for me the next ICO that will multiply quickly (x43 TIMES): Exchange (all in one): CRYPTOHAWK.com (Payment provider, Exchange, Credit card and ATM) https://cryptohawk.com/ Reasons why to buy according to my analysis as an investor: -They will BURN 95% of the tokens. -MARKETCAP of only 700k usd !!! (comparing it with Switcheo that went up 7 times in 1 month and is worth 30M, the rest of the decent exchanges are not worth less than 30M) -An excellent and VERY PROFESSIONAL TEAM and ADVISORS, you can talk to any of the ceos and respond right away. -They have a very nice DEMO version -The new WEBSITE will be launched in a few days and they are investing capital in this project. -It will be at least 1 MAJOR EXCHANGE, and will have the most important tokens by investor vote. I hope that my analysis will serve many. Greetings and good investments for all.
  3. 12 points
    Gridcoin Research 3.6.2.0/MSI=43.8 Leisure Upgrade https://github.com/gridcoin/Gridcoin-Research/releases/tag/3.6.2.0 ### Added - Add "backupprivatekeys" RPC command, #593 (@Foggyx420). - Add more transaction details to the UI, #573 (@tomasbrod). - Add Additional logging to diagnose PoR reward loss (@tomasbrod) ### Fixed - Reduce startup time by 15 seconds, #626 (@tomasbrod, @Foggyx420). - Prevent email being leaked in CPIDv2 block field, #621 (@tomasbrod). - Fixed memory leaks when receiving orphans while in sync, #622 (@denravonska). - Unconfirmed balance was not shown in UI, #615, (@Foggyx420). - Fix memory leaks when clearing orphans, #609, (@MagixInTheAir). - Fix an issue where multiple beacons could be advertised in rapid succession, #604 (@Foggyx420). - Stake weight in the UI will no longer include old DPOR weght, #602 (@Foggyx420). - Fix stake modifier mismatch which caused nodes to get stuck on first V8 block, #581 (@tomasbrod). - Fix beacon auto advertisment issue when done automatically, #580 (@Foggyx420). - Fix for loss of PoR rewards due to reorganize, #578 (@tomasbrod). - Fix upgrader compile error on Linux, #541 (@theMarix). - Fix duplicate poll entries, #539 (@denravonska). - Importing private keys will no longer require a restart for the addresses to show up, #634 (@Foggyx420). - Fix invalid backup filenames on Windows, #569 (@denravonska). ### Changed - Code cleanup (@Foggyx420, @tomasbrod, @denravonska). - Several NN consensus sync improvements, #616 (@Foggyx420). - Windows nodes will no longer automatically reboot/shutdown, #605 (@denravonska). - Display "No Polls!" in poll window if no polls are running, #596 (@MagixInTheAir). - Change poll min search length from 2 to 1, #595 (@MagixInTheAir). - Return the results of "backupwallet" RPC command, #593 (@Foggyx420). - Changing the community links #654 (@grctest)
  4. 11 points
    ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ VUZZBEE ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ Disrupting the Link Sharing and Online Revenue Models White Paper● Telegram ● Twitter ● Reddit ● Medium ● Bounty (Coming Soon) ● ANN ● VUZZBEE is a decentralized link sharing website just like reddit but with a reward system. Users get Vbee tokens for interacting with the website. VUZZBEE WORKS PRESALE LIVE! (30% Bonus! Buy with STEEM or ETHEREUM) REFERRAL PROGRAM (ONGOING) Find us on Website ● Telegram ● Twitter ● Reddit ● Medium
  5. 11 points
    All, I'm sorry that I have limited time available today as I have to pick up my son, but I wanted to post a public reply regarding my side of the exchange with Martin Grothe from Ruhr in May. He emailed the original vulnerability in the first paper, one that his college security class was able to reverse engineer the Gridcoin CPID check function and expose Gridcoin email addresses. That led to the realization that the biggest result of this was the ability to steal a CPIDs POR rewards if one was smart enough to create code for a replay attack (May 2017). I worked patiently with Martin for about a week, while Gridcoin devs plugged the issue by releasing beacons and keypairs (keypairs for CPIDs). The misunderstanding started to come into play when Martin explained that his team had come up with a solution that relied on creating a NEW cpid each time a researcher wants to join Gridcoin. I expressed that people have an affinity to the EXISTING cpids as credits are tied to them, and it would be better to have a keypair system that allows the RESEARCHER to choose the CPID. I privately released the version we have now, with the ability for RTM to Delete keypairs using a trusted key (in contrast to forcing researchers to create new CPIDs to use Gridcoin). In a nutshell our communication broke down after this, as his side was threatening to go public with the info, and insinuating that his solution was the only viable solution and that I could not possibly create a viable solution to the problem, while my view was he didnt understand the fundamental operations required over his short hacking tenure - therefore, our talks broke down and I started to consider him hostile. Afterwards, I was not aware of new vulnerabilities or for that matter any publications published anywhere, up to this point. In addition we now have Tomas Brod on board, who has been analyzing the code and committing changes over the last 5 months, which I was under the impression plugged all of our smaller vulnerabilities (that need time to be tested and released as a mandatory). I was operating under the assumption that we have tackled or almost tackled (through unreleased code) everything on our security punchlist.
  6. 10 points
    HAWK token details: What the HAWK token represent: The HAWK is a security token. Any token holder gets a part of the 25% profit participation. Token symbol: HAWK ICO start date: January 1st, 2018 ICO price: 1 ETH = 10,000 HAWKS ICO payment methods: ETH, BTC, DASH, BCH, XRP, LTC, STRAT, WAVES, XMR, ZEC, USDT, Fiat (Bank transfer) ICO supply: 100,000,000 HAWKS Max token supply: 150,000,000 HAWKS Token platform: ERC20/Ethereum Blockchain Whitepaper: https://cryptohawk.com/whitepaper ICO website: https://cryptohawk.com
  7. 10 points
    Mercosity

    Gridcoin Future Technology Base

    It's not over 'until the fat lady sings' .. Rob, I believe you are a 'brilliant mind' and developer .. Please could you try and become more a part of the community as at the moment you are sort of standing on a 'pedestal' and it does seem to me that not only are you looking down at us but we are looking up at you. I don't really know how to put this into wrds any better than that. Your Gridcoin Community, it is yours as much as it is ours, has progressed a long way in the last year. There is a large 'core community', of very dedicated Gridcoiners, who are trying their very best to fulfill the need to 'fire fight' problems whilst progessing this project down an equitable, secure socioeconomic eco friendly path. We are aware we are far from perfect and realise that in order to achieve any of our longterm goals and ambitions for this project that we have work together utilising the synergy that a cyber community of this sort offers. We have had and will continue to have disagreements. However in the long run, the majority of theses 'skirmishes' are resolved with time and in most cases the personalities involved are still talking to each other with the same commitment and dedication to shared goals. I appeal to you to continue to stay active in the community and please would you consider joining one of the Gridcoin Community's bi-weekly hangouts on mumble. We will 'bend over backwards' to facilitate any requirements you may have regarding times, security or any other matters that may concern you about joining the hangout. The community members as a whole who would benefit from you revealing your vision of the future of the Gridcoin Project and I'm sure that there would be many questions that community members would like to ask. Thanks for your work ..
  8. 9 points
    They automatically delisted us when our volume fell short of .50 bitcoins over 30 days, but I went into skype and spoke to him, I asked him to please do us a favor and keep us going as our project has not reached full potential. He agreed and sent me a link, notifying me that for a lot of coins, once marked for delisting, there is no turning back, and fake volume will not save the coin, but for us since he likes us, he re-enabled us. Thanks C-CEX! I asked him if we could be entered on a notification list to be notified in advance next time. Waiting for C-Cex's response.
  9. 9 points
    Gridcoin Research 3.5.9.9/MSI=43.3 Leisure Upgrade https://github.com/gridcoin/Gridcoin-Research/releases/tag/3.5.9.9 - RPC: getblockstats, enhancements to getmininginfo, remove unused commands, add debug1-10 commands - GUI: Prevent crash recv items list, toolbar align, remove unused menus, fix splash screen dismissal bug, allow copy paste for certain fields, TxList double click Message, remove Galaza, diagnostic screen fix, QT58 support, icons - Dependencies: OpenSSL 1.1.0 support, C++11 support - Translations: Lithuanian, Russian, Swedish and Chinese and various other Countries - Buffer overflow protection - Remove dead code - Neural Network: UTC timestamps - Thread Safety: Added global lock - High CPU Usage: Improved - Staking: Removed repetetive block signing and 1 cent staking and reboot bug for beacons, updated beacons in memory after advertising, clearer stake messages, kernel improvements - Log: Use more efficient log command - Config File: Auto Backup - ARM: Optimization to build
  10. 8 points
    https://medium.com/@CryptoHawkAG/cryptohawk-newsfeed-446616f90c42
  11. 8 points
    DEVELOPER COMPENSATION All, We have about 32 million GRC in the foundation wallet and barely spent any, primarily because we created this coin through a community grass roots effort and only spent on highly efficient expenditures. Such as tiny amounts for marketing ad banners and recently two hangouts. However we now have about 10 developers working on GRC and I would like to show some appreciation by making a reimbursement system for 6 months as a test, to foster an environment for high quality releases that improve the overall Gridcoin experience - the wallet code, the scalability and the user experience. I propose that we compensate everyone at the same rate to start off with - including myself at $30 an hour, for invoices that include productive items. Another words, if a dev spends 10 hours and produces nothing, the dev should not add it to the invoice. However if it was research relevant and necessary for the project, add it. I would like to see invoices for completed work units- for example: 20 hours for refactoring this code that is unit tested, 10 hours for adding this feature that is unit tested etc. The future compensation of our next block of 6 month will hinge on us doing a good job this time around. I propose to handle the invoices and consolidate them and keep them on file, and then compensate the dev for the work. (If this poll is approved in the wallet). Devs, keep the invoices for two weeks or up to a month at a time, create an excel or notepad containing the hours, description of the item, and amount, and grand total owed to you and forward them to me. Please forward the invoices to contact@gridcoin.us via e-mail. The poll will be created in the wallet, and this will cover expense requests between August 1 2017 and Jan 31 2018. At that point we will have to seek a brand new vote to continue this system and will know how successful it is. (If you are currently working on something in July, you can include the expense on the August invoice). Please look for the vote in the wallet, and vote for this to be approved or denied. It will be called Developer Reimbursement 6 month package. Thanks, Rob
  12. 8 points
    A short roundup on what happened the last hours regarding the security paper(s): Martin Grothe (one of the authors) joined our Slack group. Rob and Martin had a productive talk which you can read in #development. At least one of the bigger issues has already been tackled by Tomás so it is not a concern anymore. Martin will reassess the latest codebase and has signalized interest in becoming a Gridcoin developer. Due to this little hiccup we may have found another valuable developer. Please do not quote me on this and post it everywhere on Steemit etc. (yet). I feel the community is growing in numbers and the activity increases daily. Both on the members and the developers side. You have proof if you join the crowded IRC and even Slack becomes so active I can't read everything anymore :D The only thing that does not reflect the things I see is the price... yet :) Kind Regards, Quez
  13. 8 points
    Gridcoin Research 3.5.9.3/MSI=42.7 Leisure Upgrade - Fix neural network inability to stake superblocks - Require superblocks to be populated with more than half of the whitelisted projects - Add subfolders to Neural Network
  14. 8 points
    WELCOME TO THE ANN FORUM The Cryptocurrency Announcements forum is forum coin launches and information about new cryptocurrencies. Anything un-related to the list below will be moved: Cryptocurrency / cryptocoin / token / project launch announcements Client / Wallet updates Major coin announcements NO GIVEAWAYS - SPECIFIC THREAD (in thread GIVEAWAY is OK) (use giveaway forum) NO PROMOTIONS (referral link type threads - please use promo forum) NO GAMING / GAMBLING (unless it's a cryptocurrency - please use Gambling forum for ANN, promo forum for referral) NO REFERRALS (see above for posting referrals in the promo forum) NO DISCUSSIONS THREADS (please post them in the Cryptocurrency Discussions forum, this forum is for coin launches and updates) ALL THE ABOVE WILL BE DELETED OR MOVED WITHOUT NOTICE, DEPENDING ON THE CONTENT. Use this forum for Cryptocurrency Announcements only. Please use other forums for related content.
  15. 7 points
    Welcome To The Future of Anonymous Cryptocurrency! DeepOnion is an anonymous cryptocurrency that is natively integrated with the TOR network. We increase the level of privacy for our crypto users to reduce the likelihood of being hacked or attacked by other legal & illegal entities. With DeepOnion, you can send and receive onions (ONION) over the TOR network. With DeepOnion your anonymity is guaranteed, you can send and receive private transactions using the DeepOnion wallet. Features: Highly Secure Transactions: The highly secure wallet is designed to keep your identity safe from government agencies and prying eyes. Instant Confirmations: Send and receive instant payments. You no longer have to wait several minutes or hours to receive a payment confirmation. Secure Wallet: Download the secure wallet for Windows, Mac or Linux. A paper wallet is also available if needed. Untraceable Payments: Send and receive payments anonymously and hide your identity. All transactions are private and sent through the TOR network. Cryptopia.co.nz: DeepOnion is proudly listed on the highly secure Cryptopia. You can buy and sell DeepOnion currency with ease. Free Airdrop: POW + POS + No ICOs or Crowdfunding means free coin distribution. We're also offering 40 rounds of free airdrops! Helpful DeepOnion Links: Official site: https://deeponion.org/ Official forum: https://deeponion.org/community/ Bitcointalk ANN: https://bitcointalk.org/index.php?topic=2006010.0 Apply AirDrop: https://deeponion.org/community/apply.php FACEBOOK: http://facebook.com/deeponionx TWITTER: https://twitter.com/deeponionx REDDIT: https://www.reddit.com/r/DeepOnion ENG Telegram: https://t.me/DeepOnionCoin Youtube ENG: https://www.youtube.com/deeponion
  16. 7 points
    SLT

    [ANN] SLT: Decantralized Market

    Due to high interests of some highly profiled marketers we decided to honour their request for mutual benefits. We are going to extend time frame for Round 1 and raise available tokens for sale from 1 000 000 to 1 500 000 SLT tokens Round1 ends 30/3/ 2018 https://www.facebook.com/groups/SLTTokenOfficial/
  17. 7 points
    Frank0051: "The counter-factual of this program having not being in place (i.e., in your opinion did this program actually drive additional development or just reward development that would have occurred anyways given the rise of GRC to 20 cents)": This program definitely drove new development to GRC, I estimate the rate to be approx. 50% more than we would have had in hours if we did not compensate devs. The biggest impact it had was continuing compensation to the devs that stepped in to maintain the codebase right at the time when I became too busy, meaning the support was very valuable. Regarding the other metrics Frank0051 asked about, I think they are valuable questions. I'm going to make an effort to answer those for the sake of the benefit of the program in general. Sinisa_Puzar: Are rewards paid in $? We base the pay rate in USD, and pay in GRC, using the midpoint exchange rate of GRC on the day of payroll. James C Owens: Have you ever downloaded any material from Tim the Ripper Owens when he filled in for Rob H - Maybe the Glorious Burden (I was thinking we could have a sing-off when the price hits $1 per GRC!)? On a serious note I agree with the assessment and wanted to stress that crypto-developers have an average yearly contractor wage much higher than general devs. In Dallas, we're talking $250K per year as an employee, that would be more like $150 per hour as a contractor. @AN0N - The above is why I think $60 is moderate to low, but should be high enough to attract quality permanent developers to GRC without constant turnover. Dont underestimate training requirements for Marco and iFoggz, it would take Marco 6 months to train a new dev to debug GRC. One point I wanted to stress to everyone is the $60 rate increase was partially due to the assessment that these developers have not been charging us for R&D, overhead, forum posts, or a massive amount of debugging. Its very common to have to wait for the chain to sync, read the logs, research an issue and waste half of your night on something that is not even billed for - I know we could ask the devs to bill more hours but they are simply too honest - they wont bill us for wasted time. (Ive tried suggesting that). Please be cognizent of that as it is a major component. @Xaminmo - Thank you for the kind words and positive outlook but I wanted to set the record straight on a few nuances: The foundation wallet was moved to keep it off site in a cold wallet hence the reason it does not stake much. The payroll funds *do* come from the foundation balance, not from my wallet. My wallet is not big enough to pay all the payroll from interest alone, LOL. And regarding working full time for GRC - I still have a lot of irons in the fire. @ALIM3NT - Payment Systems: I have a custom made program that is capable of generating PDFs, and more professional invoices, and sql reports, but I think the prerequisite to this is for one, requiring the devs to use it for timesheets, and two: receiving more than $5k per month in billings. I realize that $60 is a professional rate and more accountability is required, and Im not against providing that accountability if I see a certain threshhold per month exceeded ($5k). @ALL - General Cap: Let's set a cap here to put everyone at ease: No more than 160 hours per dev per month with a cap of 12 developers max per month. We currently receive about 30 hours per month per dev with 5 devs.
  18. 7 points
    jamescowens

    Gridcoin Future Technology Base

    A few comments... I am a relative newcomer to Gridcoin - I have been solo staking and pursuing research associated with Gridcoin since the middle of September. I use my real name, and you can look me up: https://www.gridcoinstats.eu/cpid/bc0621a4ac4610ffa400a0d298c02e23. Magnitude ~225 and balance about 180k GRC. I have been participating in distributed computing since 1999 with the original SETI client, and have been a BOINC contributor since its inception. I have a combined cobblestone score of almost 1.9 billion, and am ~#600 in the world by total credit and ~#159 in the world by RAC. So I think I can speak with some weight about BOINC contributions. 1. I signed onto Gridcoin because I believe it is the most altruistic of cryptocurrencies. It actually motivates people to use their spare cycles to do something good for humanity rather than simply generating heat. The stewards of Gridcoin need to always keep this in mind. 2. In this discussion, I see a founder who has been disengaged from the community for a while, but has suddenly come back on the scene with a heavier hand than ideal. I see a lot of disagreements that seem to be based on bruised egos. Folks need to calm down and talk rationally about the vision for GRC III. We need to keep the egos out of this. Given the time and money now invested in Gridcoin by many people, the stewards of this community owe it to the community to make the right choices. "First do no harm" should be the maxim. We cannot put into place changes that could be ultimately destabilizing and worse than what we have now. I voted yes to Halford’s proposal in the client poll, but that is a qualified yes, with the expectation that reality will be that the final vision for GRC III will be a mix of different contributions that further the stability, security, and scalability of Gridcoin. I sincerely hope that we have a spirited, but civil debate, and we end up with a hybrid of the different proposals that have been put forth which represents the best path forward. We need to stop looking at this as a black or white issue, and instead look at the actual technical and economic merits of the different components. Putting a coin together that ties into a complete other ecosystem (BOINC) and does so in a secure and scalable manner is a very difficult task. It is a much harder task than a straightforward "me-too" cryptocurrency... 3. If we want broad based participation in GRC that fits with its ideals, then we have to recognize that much of BOINC research is performed by individuals in a private capacity using personal computing resources. (I am one - these are my own machines - 6 quite capable hosts that do the work.) The ideal would be for everyone to participate in network from a block creation, research credit, and voting power standpoint proportional to their balance AND magnitude. However, there is an inherent tension in blockchain technology between scalability (performance) and transparency/equality. Consider that the Bitcoin network can manage about 50 tps or so. VISA’s network, on the other hand, can handle 50k tps+. The challenge for blockchain technologies to approach commercial private transaction networks in throughput is immense. A distributed transaction network that requires verified journal copies among all the nodes in a purely peer level manner is not going to scale well. This is because regardless of the actual technologies employed, each transaction is going to have a specific network entry point, and this transaction is going to have to be replicated across all of the nodes in a secure manner that prevents corruption of the ledger. The mitigation is to require only a few nodes to confirm a transaction to consider it “done” and then allow additional confirmation to occur afterwards, but we all know that carries risk of forks (the blockchain version of a replication A-B B-A conflict), replays, etc. Maybe we don't care to reach a VISA level of throughput. Quite frankly that level of throughput will never be required for GRC, unless we envision it being used for daily transactions at the cash register. This in fact is the biggest question around cryptocurrencies! Are they cash or gold? Or something in between? It seems that the general approach to solving these scalability problems among many of the new cryptocurrency developments is to divide the network into a set of “privileged” nodes, sometimes at multiple levels, to control the size of the set of nodes required to synchronize critical information (and also be able to create blocks), thereby reducing the overall network communication load and overall latency. Obviously, Halford’s proposal to adapt Dash’s Masternodes is a version of this. My guess is that we are not going to get around it. Some form of privileged nodes are going to have to be implemented to support scalability. We also have the additional issue of the interface to the BOINC project servers, which are inherently non-scalable, and require effectively a near O(1) relationship between Gridcoin network size and the load on the BOINC servers. We also cannot demand changes to the BOINC server logical interface structure as this would be untenable – it would be very difficult to get all of the BOINC project admins to agree and then keep the changes up to date. This complicates matters for us. We have to ensure a non-spoofable interface to the BOINC project servers to determine proper research credit, but can’t have everyone crowding in and cross-verifying. Again the specter of a set of privileged nodes (maybe even more constricted in the BOINC statistics case) rears its head again as the only viable solution to this problem. I don’t see a way around that either. The question is the exact form of these privileged nodes and who gets to participate. I am uncomfortable with Halford’s initial investment outlay of 400k GRC and a static IP address to act as a Master node. GRC is supposed to be primarily about contribution to BOINC research, but we need wallets to stay online to ensure network stability. The 400k level of investment plus a static IP requirement for a master node will all but eliminate the participation of researchers in the master nodes, and essentially divide the network into commercial investors that run the master nodes, and the researchers who are then second class citizens. (According to Gridcoin stats, there are only 175 addresses with balances 400k or greater, and some of these addresses could actually be part of the same wallet/node.) I agree that the number of master nodes has to be controlled. But what are the right requirements to participate? Personally, even though I have a dynamic IP set by my ISP, my machines stay up 100% of the time, and the IP address rarely changes. I run a full node, which has port 8333 forwarded from my router/firewall. To me it is important to be able to fully participate in the securing of the network. I have a level of service at the ISP that is not throttled in any way, so I don’t have an issue with the amount of data. I suspect that there are many other researchers with moderate balances that fit into that category. I think the balance requirement should be lower than 400k, maybe in the 25-50k range, and the requirement for a static IP should be removed. (Almost no one running machines personally has a static IP, because to get a static IP requires a commercial ISP account, and that is difficult and expensive to get for home.) It would seem to me that the qualification to act as a master node should derive from both balance plus magnitude. We need to adopt an appropriate formula. Maybe it should be something similar to the voting shares, where balance + magnitude is combined together. 4. As I have read the ongoing thread here at Cryptocurrency Talk, I feel like folks are calming down and getting down to the business of hammering out what needs to be done. Let’s hope this continues – we will get a great result if everyone can work together. (This is also posted on Steemit.)
  19. 7 points
    Typically, when security vulnerabilities are disclosed by security researchers this is done in private and patched before being publicly disclosed within update release notes (so that it's not abused in production by malicious actors). There has been no intentional deceit against Gridcoin users, the security researcher's work was news to the majority of the community (due poor communication). This has never been an official Gridcoin 'ethos/statement', just a snippet which you began posting everywhere. How are you supposed to be trusted if you're a new user in the first place? It's an exclusionary stance and I don't stand by it; cryptocurrency is trustless by design for a reason. Likewise, life isn't fair, you don't need to be tolerant of everything, people can be who they want to be, they can be as private as they individually wish and they don't need to refrain from anything. That's entirely up to you and frankly we can't provide you financial advice; there are always other BOINC teams to crunch for and very similar cryptocurrencies like foldingcoin/curecoin which could use your computing power if you desire rewards. You should always diversify your investments (monetarily, emotionally and time wise), rather than put all your eggs in a single basket. Such individuals have severely degraded their own reputation by repeatedly creating poor quality content (It’s often said that the definition of insanity is doing the same thing over and over and expecting a different result). I have seen zero complaints about reddit posts being downvoted, only steemit posts because there is a loss of potential rewards behind poor quality content being flagged by the community. I'd suggest that such users rather than regurgitating information they don't understand to the public, that they spend some time performing analysis on the topics to create quality content that people actually want to reward. If you disagree with downvotes, acquire more steem power to negate downvotes. Steemit != Gridcoin
  20. 7 points
    Gridcoin Research 3.5.9.7/MSI=43.1 Mandatory Upgrade for Windows Users - Neural Network business logic rule fix inability to stake current superblock
  21. 7 points
    Good news for all: The neural network is pretty good right now in that it comes to a consensus and is efficient (in that it does not ddos the project servers) but now I am receiving complaints that its no longer 100% decentralized because of the cache. So I have great news in that respect. The BOINC project servers have a feature that will give Gridcoin pieces of the RAC (IE chunks) with a hash that allows us to prove the authenticity of the RAC, without downloading huge 500 meg files. This is a major breakthrough for us as a network. This means that we will be able to re-write the neural network to stream our RAC across many nodes efficiently and feed the data back into the neural network in a decentralized fashion and come to a consensus using a different method than we currently use. My top priority is to make a test case out of this feature over the next few days and if it works, we will slate this in for high priority coding to upgrade the neural network to use this new feature. Rob
  22. 7 points
    Dear Gricoin community, Rob forwarded a media/blog inquiry to me who asked several questions regarding Gridcoin. Please read my response, maybe find typos or give me a hint on things I need to change. Proposed answer: Dear XXX, again, I like your interest in Gridcoin. I will try to answer all your questions. A short disclaimer: I am only a part of the Gridcoin community and consider myself as an active Gridcoin supporter, but I am not a developer. 1) I started being interested in cryptocurrency in late 2014. A friend and I were talking about the possibility of using old hardware such as decomissioned smartphones or computers when he told me about BOINC, the Berkeley Open Infrastructure for Network Computing. I learned that my old stuff could do more than catching dust - I learned I can help CERN in doing science (as an example, but I was and still am very interested in particle physics). Well, a day later I did not need to heat my room anymore as several devices were running. I thought about the costs of electricity and had a Google whether someone or something could reimburse me for producing those scientific results. Voila, I found Gridcoin which was running since 2013. That's were I got interested in cryptocurrency. 2) I believe you are familiar with Proof-of-Work and Proof-of-Stake. Being an energy engineer (I care about energy production and how we can improve it to increase efficiency, decreasing CO2 emissions etc.), I believe Proof-of-Work is the worst of all securing algorithms. It is like the opposite of what energy engineers try to do accomplish on the production side. For Bitcoin's security, every 10 minutes one (!) SHA-256 hash is being "drawn" like a lottery ticket to create a block for the blockchain while myriads are being discarded. Millions of USD are being wasted in form of electricity just to keep Bitcoin running. 2013 Forbes reports Bitcoin consumes up to 15 million USD - daily (https://www.forbes.com/sites/timworstall/2013/12/03/fascinating-number-bitcoin-mining-uses-15-millions-worth-of-electricity-every-day or http://marginalrevolution.com/marginalrevolution/2013/12/the-real-costs-of-virtual-money.html), 2014 Bitcoins energy consumtion is being compared to the one of Ireland (https://karlodwyer.github.io/publications/pdf/bitcoin_KJOD_2014.pdf). On the other hand, Proof-of-Stake gets rid of the immense energy consumption, initially introduced by Peercoin. But the only way to generate new coins is already having coins where an interest rate is being issued. This is the perfect example of the Matthew Effect - the rich get richer. So what makes Gridcoin different? Gridcoin uses Proof-of-Stake to secure the blockchain while it adds Proof-of-Research on top of it to disable the Matthew Effect. Proof-of-Research is similar to Proof-of-Work but it does not rely on stupid hashing where 99.999999+ % of the "results" of computation are being discarded. In Gridcoin, the hash lottery is replaced by BOINC computation where every single solved workunit is a part of a solution of a scientific question or a crowd computing project. Another upside of Gridcoin is that it is ASIC-proof and therefore likely to stay decentralized. Traditional Proof-of-Work blockchains have the problem that the hashing algorithm is very easy to implement on specific hardware such as FGPAs or ASICs. Therefore their mining has become very centralized in China where energy and this specific hardware are very cheap. Centralization for an international payment network is always bad and Bitcoin was initially constructed to oppose centralization from banks. Gridcoin reimburses work in more than 20 different BOINC projects that all run one or more different algorithms that are changing from time to time which is why it is not worth developing specialized hardware for it. In short words: One Bitcoin or Ether equals a certain amount of wasted energy. One Gridcoin equals a certain amount of a scientific projects solution. That's why I support it. 3) You are right. Traders who likely do not go into depth regarding each coin's technology or community are risking the complete loss of an investment. Rule #1: Make yourself comfortable with terms around blockchain. Read about every currency you invest in. Professional fiat money traders would probably never invest in a currency of a country where they have no clue how their society works, what their industry is looking like and what the government currently decided on. The same should count for cryptocurrency traders. Rule #2: Be cautious about cryptocurrencies that are pre-mined or start with an ICO. They can be a scam promising everything but delivering nothing (Gridcoin has started at 0 GRC in the beginning in 2013, there ha been no premining or ICO). Rule #3: Never trust a 3rd party with your coins. Keep your coins in your own wallet when you do not plan to trade them. Centralized exchanges for example may get hacked or simply run away with your funds. Decentralized exchanges might be a better choice IF you want to trade actively. Rule #4: Secure your own wallet with a good password and don't give anyone an incentive to try to hack you (don't talk about the amount of your funds). Rule #5: Always backup your wallet, it may have to survive your house burning down. I assume that traders will usually ignore #3 to #5. Hopefully you know what happened to MtGox users. 4) Well usually the reasons for running an own cryptocurrecy are either to make fast money with a scam coin or if you really believe you can do it better than all other cryptocurrencies. Gridcoin is sticking around for nearly 4 years now and we did not have an ICO or any form of pre-mining, that's why you will see for yourself that we are no scam coin which tries to rip off trusting investors. When he first announced Gridcoin, Rob Halförd really believed and obviously still believes in Gridcoin to be the best cryptocurrency. As I said, I am just a community member. But I am very proud on what we achieved. Supporting Gridcoin makes me feel doing the right thing as it opposes the wastefulness of other currencies and supports international science. Every time a new member joins our community who really is interested in the technology and who is learning about its background, the usual first comments are "wow, this is really a useful coin" or "why didn't I hear anything about Gridcoin before" (Yeah, why is Gridcoin not more present in the media? ;) ). 5) I think the worst parts of running an own cryptocurrency without funding to pay for marketing or any development work is that we as a community have to do everything just out of belief and good faith without being certain that you can live from the benefits of your work. Currencies like Ethereum have a multi million dollar foundation paying developer and marketeers so that they do not need to worry about paying their rent or food. A paid job usually is easier to do than a job on a voluntary basis, but we do it and we like to do it. That by the way shows that the Gridcoin community is a strong one as there have been no big dumps now that the price is rising. Most of us, maybe all believe Gridcoin can make it to a top 10 or even a top 5 coin in the coinmarketcap. Gridcoin has the potential to become an international payment network with the best backround there can be for a high technology society: science. But there are other lows, such as big hacking attempts to desintegrate the blockchain. I believe that Gridcoin's "competitors", other coins that also see Gridcoin as a potential big player, tried to attack us but all failed just making us stronger as technology and community. 6) Well if I was not supporting Gridcoin I probably had more time for my PhD thesis, but I guess Gridcoin can impact society more than my research results on an optimized energy production system. Maybe some of us were supporting other cryptocurrencies that try to achieve similar things like Primecoin or FoldingCoin which are rewarding prime number or protein folding computations respectively - which Gridcoin does also do, but it rewards many many other projects, too. 7) For Gridcoin the next steps are growth in community members, development team and price side by side to be recognized as a serious alternative coin. Anything other currencies out there are able to do Gridcoin is also capable of so the following steps for cryptocurrency in general also count for Gridcoin. I think the next big step is Bitcoin being adopted in Japan in 260,000 stores as payment method. People, not like you and me, but maybe like my parents are recognizing that Bitcoin is out there and that it has certain benefits. Other cryptocurrencies will soon be recognized as well, hopefully including Gridcoin. In medium to long term, cryptocurrencies will likely be regulated to decrease their usage in the black market. Probably goverments will force people to register their names to a certain public address to be able to control certain money transactions. As far as I can tell, Gridcoin will be ready to include the demanded changes. In general I assume the cryptocurrency market will grow - massively. Maybe up to the ranks of credit cards such as MasterCard, or even more. Which currency(/ies) will reach that state is to be seen, but I doubt Bitcoin will keep position 1 in the coinmarketcap forever. 8) I consider myself as a part time trader, but I only trade Gridcoin (to increase my Gridcoin stack) following my rule #1 which I already stated above. Follow the 5 rules I stated until you set up your own rules as I do not think mine are perfect, but they work for me. 9) I am involved in other projects that do not specifically state Gridcoin on their names, but most of those (side) projects focus on supporting Gridcoin's success. 10) I already consider Gridcoin as a success as we are definitely incentivizing people to join BOINC to support science and crowd computing in general. Speaking of financial success, I think that once Gridcoin grows to a top 5 coin - so the price has to multiply by factor 100 from now - I'd maybe sell some of my holdings. But I always say I will keep at least 50% of my GRC until I can buy a mango shake on Palawan (Philippines) with it. Lets call this my personal specific goal. Kind Regards, Quez Edit: Thanks Peppernrino and Grisou for finding typos
  23. 6 points
    The ongoing ICO Cryptohawk is a new all in one solution for cryptocurrencies that offers dividends to holders via trading fees. 25% of profits from fees will be distributed monthly. The more hawks you hold, the more you make. If interested, contribute here! [Cryptohawk](https://cryptohawk.com/index?ref=QUrrK5Yx) Thanks for any project interest/contributions! As always dyor before going in on anything.
  24. 6 points
    @Lenn: Regarding the 150 hr per month * 12 developer cap, that was an absolute maximum, estimated if we actually hired 6 new devs and had all of them working on something groundbreaking concurrently, with an equivalent expense of $9600 per month or $115,200 * 6 months = grand total $691,200, and yes, that would allude to having a rock star team pushing out Gridcoin III in 6 months, but I don't anticipate having those new devs in practice, or spending more than $84,000 total in six months (this is basing our prior 6 month period total of $48K * 2). The 150 hour cap was added as an absolute maximum but only intended if we attracted well known new talent that bloated payroll. Our foundation wallet has 32 million in it (thats 1.9 million equiv $), Ill post the address here when I create iFoggz rain expenses tomorrow. @All Regarding communication: The old rates were born from the spirit that we were going to build this platform on a primarily volunteer/free basis and the compensation was more of a public assistance payment than a salary. I wanted to increase the desirability of Gridcoin IT developer compensation in order to maintain high quality devs and attempt to increase the zeal for working GRC problems, and also attempt to transition to competetive blockchain rates. Part of the logic behind this was that we have had ~32 MM GRC in the foundation since we created the foundation and interest alone has kept the balance stable, therefore the conclusion is if we can afford to pay top quality devs, we should do so as we are primarily an IT platform - we can afford high quality compensation then lets start spending it on building an actual decentralized neural network and rebase the codebase, so that we have something to be proud of that is scalable. If we stay in our current stagnation phase, where IT is reluctant to work on a problem because there is not a good salary, then I argue we will linger here longer and potentially backslide as the rest of the crypto world moves forward (with security updates and new features). So you all know my commitment to the projects financials, and since I dont actually expect us to spend more than double what we spent the last 6 months, let me add one more rule to our 6 month cap: We may not spend more than 10% of the foundation funds in 6 months on development costs. That means we must not spend more than 3.2 million Gridcoins over a 6 month period in this program. This goes into effect immediately. So our payroll limit is 3.2 million between March and August 2018. So with our 20% participation in poll rule, I see that the $60 per hour compensation level for 6 months has been approved with 90 million share votes over 304 people, (20% of our money supply is 80 mil) so it passed, at 93.7% yes. However the "Needs more discussion poll" did not pass, with only 11.4 MM share weight (thats about a 3% poll weight). With that conclusion, it appears to be safe to start paying our invoices at $60 per hour for March - August 2018. (I have a few in my inbox, but the total is only approx $3,000 owed in backpayments). If anyone disagrees with this discussion please jump in and raise your concerns.
  25. 6 points
    SpectroCoin.com is giving away free virtual bitcoin debit cards. Post here how you would use a bitcoin debit card and we will send you a voucher for a free bitcoin debit card. The virtual bitcoin debit card costs only 0.5USD and physical only 8USD, card are available in GBP,USD and EUR.
  26. 6 points
    First, let me introduce myself. I am Barton26, the newly appointed "Gridcoin Testing Coordinator". My job on the dev team is to oversee testing of new releases and monitor situations like the one we are currently in. Recently users have raised many valid questions about the current state of development and when the exchanges will be reopened. I am writing this quick update for those who have not been following the latest information on Slack or GitHub. Here is a list of "breaking issues" that were identified in the original forking period that lead to the closing of the exchanges: 1. Crashes due to tally 2. Forking due to PoR checks 3. RPC slowdowns 4. Unable to get past 1163544 5. Inability to sync from 0 without getting stuck Here are the most recent updates from the development team regarding these issues: 1. Fixed in hotfix. 2. Believed to be either entirely or mostly fixed. Still being actively tested. 3. Fixed in hotfix. 4. Fixed in hotfix. 5. Under active testing. As you can see, we have made significant progress towards a production-ready release version. Our current testing priorities are Proof of Research Check forking (believed to be fixed, but we want to be sure) and syncing from 0 without getting stuck. Syncing from 0 is slow to test due to the length of time it takes to sync over 1.1 million blocks on production and nearly 500k blocks on testnet. Please bear with us as we finish testing and hopefully verifying that this hotfix is ready to be released. We will make the announcement to open exchanges when we feel that the hotfix is stable and ready to be deployed to production. Thank you for your patience in this difficult time. I apologize for the lack of communication and I will personally strive to communicate on other platforms to keep as many of our users up to date as possible. Please know that the development team is working as hard as they can to get this hotfix released as soon as possible. If you have any questions feel free to comment below. -Barton26 (Gridcoin Testing Coordinator)
  27. 6 points
    TheCharlatan

    Gridcoin Future Technology Base

    The proposal for PoSE sounds insecure and near unachievable. How would you ensure that the network is not periodically attacked and certain nodes hindered from the voting process? In Proof of Work this is trivially evaded, since one miner would take much longer to find a single block than many miners, which means that you'd constantly have to attack the entire network over weeks for it to succeed - an impossible scenario given the resources this would take. Mining is supposed to secure the blockchain. Target nonces are made purposefully hard to have competition between miners on who gets to solve the next block. It is an arms race by design and works well like this. If you invert this scheme by giving higher monetary rewards for lower nonces, you remove the incentive for innocent miners to do proof of work (as you stated above). An attacker however would not care about this small reduced reward, if this would mean, he could just increment nonces faster to be able to successfully mine several blocks in succession and execute a successful double spend. You even implemented a similar scheme before in pre V8 gridcoin and it was successfully exploited on livenet by doing more proof of work. I cannot see how this would survive an attacker, and therefore reject this proposal in its current state.
  28. 6 points
    @cru-BUM Yes, you can say that Gridcoin is not profitable. But why do you need to say it a 100 times? I'm not sure what you want: You don't like to buy Gridcoin (to stake) - but others should do so to increase the price??? You publish that Gridcoin is a "bad coin" - but you wonder why the price doesn't go up??? Please do me a favour and find a more profitable coin. Thank you.
  29. 6 points
    It's not even the devs. It's whoever runs gridcoinstats, who aren't affiliated with either GRC or Collatz. The kid is raging at all the wrong people for all the wrong reasons, and won't listen to reason. A slight delay in updating stats on a website is to be expected. Maybe he should build his own website that transcends space and time in order to tell you what your stats will be in a week. But I don't see that happening.
  30. 6 points
  31. 6 points
    Yes, I think we can all agree if we spend $100,000 of foundation funds in 6 months on development, we should pause the program and let everyone pore over the invoices. I agree, lets cap the program at $100k max expense, at approximately the average price GRC is trading at the midpoint of the program. I plan on consolidating a monthly invoice to the foundation, and uploading it at the end of the month, so for example, if we start in August, everyone should see the July-August invoice by the end of August publically. Then we will payout within a couple days of posting it in GRC to the devs. The invoice is a PDF with detailed rows containing the workitem, the devs name, the hours, the total for that dev, and a grand total.
  32. 6 points
    With all the Steem articles flying around, i thought I would post my first... https://steemit.com/gridcoin/@bgb/a-grcpool-com-six-month-retrospective
  33. 6 points
    There's an issue in the blockchain (developers are working feverishly to put out a fix) that they believe is causing this. Basically it has been described to me as a "parsing issue" that results in the SB missing projects. Sorry I can't be more technical than that. I've been assure this is absolutely *not* an issue of some sort of malicious DDOS attack on the project servers. That concern was brought up by a community member and should be considered FUD because it is the least likely explanation for this issue. The amount of resources it would take to take down two dozen project sites for several hours to cause a temporary glitch in the blockchain isn't worthwhile for anybody. I can also assure everyone that I was actively browsing PrimeGrid and YAFU while this current SuperBlock was being created and can confirm there were no issues with those servers at that time that I was able to notice. The best thing everybody can do right now is close your wallet make a backup of your CONFIG file, then edit it to change the EMAIL ADDRESS and CPID to say "INVESTOR". Re-launch your wallet and confirm that it says "Investor" next to Project and CPID. Once you do this, your wallet will be able to stake PoS blocks and earn interest, while helping to secure the blockchain and improving the odds of reaching consensus and creating another SuperBlock more quickly.
  34. 6 points
    startail

    DEVELOPER COMPENSATION

    Rob states a fixed rate of reinbursment, $30/hour. This rate is a very low and the community is getting experienced developers for a very good price. Reaching out to other places asking what they will request, you will not get this low. Rob also states a reasonable timeframe system with productive items. With "productive items" I'm sure that he are quite able to understand what are and aren't productive items. None is saying that someone could go out and say they spent 300 hours on something and then hasn't anything to show. It wouldn't even work. Rob will most likely be the one in the end that can assess and approve something from someone as he will also be the one taking invoices and sending out funds. IF we would use up the entire foundation fund on paying developers, which I would have NOTHING against since I think this is just what the funds would be very good suited for, we are talking about ~50 000 man hours. That's a shitload of hours to be spent on development, that's almost 6 years of development! Stop being so ranting and questioning person and start come back with some constructive ideas on how you wish this could be done if there's something that bugs you. Rob has FOR ONCE reached out and asked about something. I know how many that have been wondering why Rob never sais anything or if he's left everyone for themselves. Now he states a REALLY GOOD QUESTION, and all you give is ranting. - What do YOU think is a better way to do? - What do YOU think is a good upper limit? - What do YOU think Rob should do to handle the development?
  35. 6 points
    I don't think the negative talk around here has any real impact on the market. It is just time for the pull back or dump in general. As a very regular alt coin trader (200,000 trades), it was clearly time for this to happen, and it is time to start picking out the bottoms and buy back in. Besides from a trading view, the more FUD the better the buy opportunities, which might be the goal of the FUD to begin with. As development goes, we shouldn't care to much about the market. Instead, believe in the product and the services we can develop for BOINC, science, and cryptocurrency, or whatever your take is because it is fun, interesting, complicated, and a challenging project. Personally, from a pool perspective I would like to see more formal statements on social media regarding issues. I realize we might not want to be putting out, that 'hey we had a poor superblock with only 5 projects today, sorry for the zero mag', but people hearing about the problems from the community first is better than the steem articles or other negative social media that might result. From the pool perspective, I feel like I have to put out statements for network problems before 2000-3000 people start emailing me or messaging me. The pool is ignoring the network whitelist today because it was so far off. Maybe it shouldn't do that, but maybe it makes sense for the pool members. If they were put at 0 mag today I am sure my email and phone would be blowing up and it would be nice if I could point them to an "official" community message. ... Just my 2 cents.
  36. 6 points
    Larrimar

    GIRACOIN Official Announcement

    Giracoin: new cryptocurrency from Switzerland GIRACOIN The new cryptocurrency from Switzerland that will soon hit the market. Developed by Gira Financial Group AG, a licensed financial intermediary and a member of SRO PolyReg recognized by the Swiss FINMA. Giracoin employs a hybrid blockchain combining both the high security of PoW and the simplicity of PoS. Our end goal is not to be as complicated to use and implement as the rest of the altcoins in the market, but to eliminate complexity and pursue usability of our cryptocurrency, like a regular currency that we are accustomed to, so that even non tech-savvy users will be able to comprehend easily what cryptocurrency is really meant for. Nothing fancy, just a simple and fast payment solution with low volatility, stable price and increasing value and profitability. We want to achieve and assure our merchants and investors that Giracoin will be a great alternative digital asset with minimized exchange losses from price fluctuations. Our Proof-of-Stake process will make that possible, and at the same, will allow our users earn interest of up to 3% annually from their staked coins. LINKS AND REFERENCES Official Web Site: giracoin.com Technical Whitepaper: Download PDF Block Explorer: blockexplorer.giracoin.com Online Wallet: girapay.com Desktop Wallet: Linux and Windows under beta testing. Mobile Wallet: Under development Merchants Portal: girabuy.com Exchange Portal (coming early 2018): giraexchange.com SRO PolyReg Membership: Click to verify Official Facebook Page: facebook.com/giracoinofficial SPECIFICATIONS Algorithm: SHA256 Protocol: Hybrid PoW + PoS Starting Difficulty: 0.0002441371325370145 Maximum Supply: 21,000,000,000 GIRA Block Reward: 2,600 GIRA Block Time: 60 seconds More specifics will follow. I will be updating this thread every now and then. Special note: I took the opportunity to announce Giracoin on behalf of our developers since they'd be better off coding than answering inquiries. I am part of the marketing group with direct communications with the management and development team in Switzerland. If you want to know more about Giracoin on a personal level, you may connect with me through my Facebook page
  37. 5 points
    Below are the polls for the Gridcoin 4.0-2018 General Roadmap. Any questions asked here will be relayed to the appropriate steemit thread. Any questions asked on any of the steemit threads will be relayed here. Please, do not be afraid to ask questions. We want to make sure that everyone understands what they are voting on. The polls were made by @Tomas Brod with address: SFhy5MRyNqVcC2pCtEYeMSULe6wA5SPYMk. -------------------------------------------- Gridcoin 4.0-2018 General Roadmap Poll - Solving the Stake Weight Problem Steemit Link: https://steemit.com/gridcoin/@jringo/gridcoin-4-0-2018-general-roadmap-poll-solving-the-stake-weight-problem Gridcoinstats Link: https://gridcoinstats.eu/poll/roadmap:_solving_the_stake_weight_problem Gridcoin provides a transaction fee reward for staking a block. As a result, many users with large balances do not contribute to securing the blockchain. They do this because Gridcoin promises 1.5% interest on all GRC in circulation so long as the GRC stakes a block at some point in time. This means that a GRC coin can be kept offline indefinitely, and as soon as it is brought online and stakes a block it receives all interest it is owed. For large balance holders the time between bringing a coin online and staking with that coin is negligible. We propose removing interest earned and replacing it with Constant Block Reward. Essentially, each block staked will reward the staking node with a set number of GRC. This will stop rewarding idle coins, forcing investors to keep a balance online in order to earn idle profit, which in truth will no longer be idle profit. The resulting increase in blockchain security is good for all of Gridcoin as it provides stability and brings more trust to the Gridcoin network. Do you think the Stake Weight Problem is something that should be fixed in 2018, and how?" EDIT: It was brought up that this article does not summarize what a masternode update would entail. Those of us putting this together definitely succumbed to the curse of knowledge here -- we recently had an extremely in depth conversation about masternodes so it did not even cross our minds to put a synopsis in this article! You can find the in depth conversation here. If you are interested in learning more, I would highly recommend reading some of the in depth thread. Below is a summary. Note that the masternode proposal was already turned down, however we do not want to completely dismiss the idea. It might be explored further in an open-source arena as opposed to an extremely centralized environment, which was a major complaint with regards to the original proposal. The results of the poll regarding the original masternodes proposal can be found here. A masternode system is based on the Dash blockchain. It is the idea that development and financial decisions would be made by a select few "masternodes." These masternodes would be determined based on the commitment of a minimum number of GRC. For example, the proposal suggested 400,000 GRC would be required for a user to qualify for masternode status. This minimum can be changed to anything. The pros and cons of this sort of system are discussed and debated in the thread linked above. -Yes, Constant Block Reward with continued exploration into more long term solutions. -Yes, Masternodes. -Yes, Not Constant Block Reward or Masternodes. -No -Need more information -Abstain -------------------------------------------- Gridcoin 4.0-2018 General Roadmap Poll - Determining Magnitude Steemit Link: https://steemit.com/gridcoin/@jringo/gridcoin-4-0-2018-general-roadmap-poll-determining-magnitude Gridcoinstats Link: https://gridcoinstats.eu/poll/roadmap:_determining_magnitude Magnitude is the Gridcoin variable which determines a user’s Earned Research Rewards. Gridcoin currently calculates a user’s magnitude through the BOINC variable Recent Average Credit, or RAC. Total Credit Delta, or TCD, is the proposed replacement for calculating user magnitude. Instead of using RAC, magnitude would be calculated by determining the difference in a user’s credits earned on a specific project between superblocks. As with anything, there are benefits and drawbacks to a TCD system. There are many aspects to a magnitude determination structure. Below are those we have compiled and how they manifest in each structure. It is up to the community to discuss the pros and cons of each. Charge Time RAC - A user must charge their RAC for an extended period whenever they start a new project or rejoin a project after an extended absence. TCD - After the initial collection of a user’s stats, there is no charge time in TCD. Deflation Time RAC - When a user leaves a project, they maintain a RAC for the time required for their average to reach 0. TCD - There is no deflation time in TCD. BOINC Project Runs Out of WU or Otherwise Fails RAC - So long as a project is whitelisted and a user has RAC on that project, that user will be rewarded with GRC, regardless of active work done. TCD - A user is rewarded with GRC only if there is a difference between that user’s completed credits between superblocks. Note - While TCD presents an improvement over RAC with regards to a project running out of work units, it is intend to and works best with a steady stream of work units. Earnings Estimation RAC - It is difficult to accurately estimate RAC -> Magnitude -> GRC for a user. TCD - It is relatively simple to accurately estimate TCD -> Magnitude -> GRC for a user. Loss of Service RAC - When a user loses service, they continue to be rewarded with GRC based on their RAC and RAC decay time. TCD - When a user loses service, they are not rewarded with GRC until service is restored. Cycle to Reward Relationship RAC - Due to using an average, the connection between RAC and actual cycles contributed to BOINC projects is indirect. The connection is rooted in the individual credit system of each project. TCD - The relationship between TCD and actual cycles contributed to BOINC projects is more direct than RAC. The connection is rooted in the individual credit system of each project. "Do you think Total Credit Delta is something that should be implemented in 2018" -Yes -No -No, but we should not use RAC either. -Need more information -Abstain -------------------------------------------- Gridcoin 4.0-2018 General Roadmap Poll - Proof of Research Blockchain Steemit Link: https://steemit.com/gridcoin/@jringo/gridcoin-4-0-2018-general-roadmap-poll-proof-of-research-blockchain Gridcoinstats Link: https://gridcoinstats.eu/poll/roadmap:_proof_of_research_blockchain A blockchain is a chain of blocks held on many nodes of the blockchain’s network. A block is a collection of information compiled by a single node of the network and confirmed and accepted by other nodes. There are dozens of protocols that determine which node is given the privilege to compile information into a block. The two most common protocols are Proof of Work (PoW) and Proof of Stake (PoS). Being given the chance to compile a block is known as “Securing the Network” and is one of the principal technologies behind a blockchain. The network security protocols are ways of decentralizing power. Because a blockchain is nothing more than a series of blocks, and blocks are compiled by nodes on the network, it can be said that whoever compiles the most blocks owns the blockchain. If Bob can compile, or secure, 90% of the blocks, Bob gets to say what information goes into 90% of the blockchain. The purpose of most blockchain security protocols is to distribute that power among many nodes so that no one entity can compile 51% of the blocks. Currently, Gridcoin uses a Proof of Stake protocol. PoS is common among many blockchains today. It relies primarily on a statistic which any node can easily retrieve from the blockchain and confirm: How many coins does an address have? The number of coins held by an address is known as “Stake.” There are other variables to PoS, such as time, which differ among blockchains, but all PoS blockchains use stake as their principal security statistic. The current PoS protocol used by Gridcoin is known as “Stake V8.” Gridcoin is a unique blockchain. Most blockchains contain stake as the only clearly defined and confirmable statistic. Gridcoin, on the other hand, contains Stake along with BOINC statistics. Before Stake V8, Gridcoin used these BOINC statistics, which calculate a variable, known as “Magnitude,” to help decide which node is given the privilege of securing a block. Stake V8 was implemented because of a security flaw in that protocol. It may be possible to again use magnitude to secure the blockchain, however it is unknown if this can be done securely. "Should we continue exploring ways of using research done on BOINC (magnitude) to secure the blockchain?" -Yes -No -Need more information -Abstain -------------------------------------------- Gridcoin 4.0-2018 General Roadmap Poll - Receiving Earned Research Rewards Steemit Link: https://steemit.com/gridcoin/@jringo/gridcoin-4-0-2018-general-roadmap-poll-receiving-earned-research-rewards Gridcoinstats Link: https://gridcoinstats.eu/poll/roadmap:_reward_payment_method Earned Research Rewards (ERR) are the rewards a user has earned for crunching work units for BOINC projects. Currently, there is one way for a user to receive their ERR. They receive their ERR when they stake a block on the Gridcoin blockchain. As mentioned in the [article](link) covering poll #3, a user’s balance is the main variable that determines how likely a user is to stake a block. In other words, a user with a high balance is more likely to stake a block than a user with a low balance. For many users it is effectively impossible to stake a block and receive their ERR in a reasonable amount of time. This forces them to join a pool. When a user joins a pool, they lose all their BOINC stats and they cannot use their magnitude to vote in the Gridcoin client. There have been two ideas put forward that would allow non-staking balance users to be solo miners but still receive their ERR. Manual ERR Claims (MERRC) Manual ERR Claims intends to provide an alternative to receiving ERR through staking. Additionally, MERRC adds an economic tool to the Gridcoin ecosystem in the form of Manual Claim Fees. MERRC works much like the rewards claiming of steemit. At any time, a user would have the option to manually claim their ERR in an upcoming block. This claim system would function as an alternative to standard staking and pools, which would remain unaffected. To prevent spam, a fee similar to a transaction fee would be required to manually claim your rewards. This is the Manual Claim Fee (MCF). It is possible, though not immediately necessary, to distribute MCFs to an array of entities such as stakers, the GRC Foundation, Gridcoin development bounties and projects, BOINC projects, charities, relief efforts, causes and crowdsourcing. MCFs could also be used as an economic tool, for instance they could be burned to control inflation. There would need to be an extended conversation if we decide to develop MERRC in order to determine a future path. For simplicity of implementation it might make most sense to treat MCFs as transactions fees, fees that are added to blocks as rewards for staking. More information on using MCF as a source of funding can be found here. Superblock Payouts Another alternative is to pay all users with a ERR value greater than 5 in each daily superblock. The upsides are frequent payouts for everyone, including new users. On the downside, there is no incentive to hold mined coins. The large volume of transactions would also mean that the block size limit would likely have to be lifted for the size of these superblocks. "Do you think we need a way other than staking a block for users to receive their earned research rewards?" -Yes, focus on superblock payout -Yes, focus on Manual ERR Claims -Yes, I support both options exploring both -Yes, but I do not like either of these options -No -Need more information -Abstain -------------------------------------------- Gridcoin 4.0-2018 General Roadmap Poll - Securing Superblocks Steemit Link: https://steemit.com/gridcoin/@jringo/gridcoin-4-0-2018-general-roadmap-poll-securing-superblocks Gridcoinstats Link: https://gridcoinstats.eu/poll/roadmap:_securing_superblocks_dwp Gridcoin currently forms a superblock by having all nodes request data from each whitelisted project simultaneously. This process causes high network and server load and does not scale. Dynamic Witness Participation will serve to replace the stats gathering aspect of what is now called the "Neural Network" with a new C++ iteration integrated directly into the client, making the network cross-platform. Dynamic Witness Participation will use a dynamic process to select delegate nodes which create superblocks. Only the delegate nodes download the necessary data from the BOINC project servers and work to create the superblock. The algorithm will run independently on different projects. Any node willing to serve as delegates in the creation of a superblock will indicate such when they stake a standard block. When too many nodes are willing to serve as delegate, the network will choose a subset through a dynamic selection process. This limits the number of active connections and decreases stress on BOINC project servers. Once selected, all delegate nodes download the project stats data, process it into a shareable format and place a vote for their version. Delegate nodes then form a consensus on the data set to be used in the superblock. Finally, a delegate node with the agreed upon data set is randomly chosen to create the superblock and end the process. Note that this delegation process is ONLY for the creation of superblocks. All standard blocks will continue to be secured through the Proof of Stake protocol. "Do you support the continue exploration of Dynamic Witness Participation for superblock creation in 2018?" -Yes -No -Need more information -Abstain -------------------------------------------- Thank you for your participation!
  38. 5 points
    blockchaintoken

    10,000 YeastCoins bounty

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  39. 5 points
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  40. 5 points
    Frank0051

    Gridcoin Future Technology Base

    I do think it's a bit disingenuous for us to be praising one person with 56M in voting shares for swinging the vote when several us us have complained about the vote weighting.
  41. 5 points
    Tomas Brod

    Gridcoin Future Technology Base

    You are loosing trust Rob. Multiple members are showing you that you proposals are flawed and insecure. I know it is hard to invent a secure system. There were attempts by me and other members. You are advised to read the technical details and learn what problems are there and then try to how you are going to solve them. If you decide to ignore the problems and push your changes in, there are going to be security incidents. There are no my proposals vs yours. We should work together and improve. Also if you just want to setup a coin and then leave it on autopilot, you should make sure that it is secure, otherwise it is going to fail. Also calling our (my and the rest of community) proposals as piecemeal and your one-swoosh is not entirely correct. Even if you use another codebase, you would have to implement gridcoin logic on top. You would have to implement your NN, associator, reward system, staking/mining tweaks and voting. How is that less piecemeal than DWP, GAA and BM+MRC+Superdrop? I do not ask you to take them, I am just asking to consider them. It would be best if some existing coin provided support for our features, but to this point no one provided a clear mapping of features to services. CM was the closest, but he mostly wrote "yeah, we could use this for that..", but not HOW to use it. And please note that Total Credit Delta (TCD) was my idea, so stop attributing it to Marco /ravon.
  42. 5 points
    23/10/2017 - Added ONE PAGER and updated GENERAL WHITEPAPER on https://token.gimmer.net/. 07/11/2017 - Updated the images and the token sale date. 15/11/2017 - The images about our presale and token sale dates, bonuses, roadmap and our beta have been successfully updated!
  43. 5 points
    Gridcoin Research 3.6.3.0/MSI=43.9 Leisure Upgrade https://github.com/gridcoin/Gridcoin-Research/releases/tag/3.6.3.0 ## [3.6.3.0] 2017-10-09 ### Fixed - Fix problems sending beacons on Windows, #684 (@tomasbrod). - Fix clients getting stuck at V8 blocks when syncing, #686 (@tomasbrod).
  44. 5 points
    Gridcoin Research 3.6.0.2/MSI=43.6 Mandatory Upgrade https://github.com/gridcoin/Gridcoin-Research/releases/tag/3.6.0.2 - Fix incorrect V8 height trigger check. - Fix invalid superblock height formatting, #532 (@denravonska). - Fix several spelling mistakes, 533 (@Erkan-Yilmaz).
  45. 5 points
    @ximocoves double check whether your wallet is unlocked fully to be certain it is not this problem :) @Erelas and @dutch I absolutely agree that v8 has an undesirable side effect that newbies can't stake that easy. But v8 massively increases network security after all. A secure network is much more valuable than low balance staking possibilities as long as we have a working pool maintained by a trustworthy member of our community. And it is supposed to be open sourced eventually so getting newbies started should not be a problem anymore. I have tried to remember my statistics classes back in school and put together a formula that @BGB is hosting as calculator on https://www.grcpool.com/help/calculators In v8, 1 GRC equals 1 weight AFAIK. At the current Net Weight of about 150 Million you will need a balance of 3700 GRC to stake with a probability of 50%+ within 1 month. Maybe @bgb should also add 6 months, but I guess this brings you to more than 99% staking chance at 6 months. Remember, you only need to stake once within 6 months to get full payment as a solo miner. Another thing should be content of the discussion (that may also be moved to a dedicated topic!): Is there a solution? Yes there is. In the development channel on Slack we already discussed one, but it is still in a conceptual phase: The Neural Network is supposed to be enhanced, referred to NN2.0. It will then be able to pay every researcher in the superblock and researchers do not have to stake anymore. Again, this is just a concept as of now, but it should be mentioned as the discussion felt like many people are blaming our very very busy and awesome devs (it still feels nice to speak in plural :D ). I hope I could offer input for the discussion and I would prefer it to stay at a formal level without any personal conflicts, please. Kind Regards, Quez
  46. 5 points
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  47. 5 points
    Gridcoin Research 3.6.0.1/MSI=43.5 Mandatory Upgrade https://github.com/gridcoin/Gridcoin-Research/releases/tag/3.6.0.1 ### Added - Added [V8 stake engine](https://github.com/gridcoin/Gridcoin-Research/wiki/Stake-V8) set to start producing V8 blocks at block 1010000. This fixes several security issues, see wiki for details. - Blocks can now carry identification from the "org" argument/configuration option (@tomasbrod). - Add "reorganize" RPC command (@tomasbrod). ### Changed - Berkeley DB V6+ compatibility, #451 (@xPh03n1x). - Improved poll loading speeds, #497 (@denravonska). - Versions now contain the git hash, #500 (@tomasbrod). - Improved security on NeuralNet votes, #496 (@Foggyx420). - Improved RPC help. It now supports "execute help" and "list help", #512 (@Foggyx420). - Voting is now integrated in wallet as a tab and cleaned up, #416 (@skcin, @JoShoeAh). - Improve low-peer mining ability on testnet (@tomasbrod). - Improve poll error message when low on funds, #415 (@Erkan-Yilmaz). - Code cleanup (@denravonska, @tomasbrod, @Foggyx420, @skcin). ### Removed - Remove RPC commands: - DAO, #486 (@denravonska). - volatilecode, testnet0917, testboinckey, chainrsa, testcpidv2, testcpid, windows error report disabling, list betatest, fDebug4/fDebug5 flags (@Foggyx420). - Set magnitude boost to be removed at 2017-Sep-07 00:00:00 UTC ### Fixed - Fixed security issue where superblocks could be injected, #526 (@tomasbrod). - Fix poll sorting bug, #512 (@skcin)
  48. 5 points
    ZenMercenary

    DEVELOPER COMPENSATION

    You are being deliberately facetious/difficult with your second "suggestion." That would be a misrepresentation of Rob's proposal, and you are fully aware of that. Everyone in the Slack channel told you the same thing.
  49. 5 points
    If it were a blank check, I would not be voting for it, but as it is, I will be voting for it, as it is something we sorely need. Thousands of hours have been spent on development for free, I think its time to compensate the devs in some way. When a developer is actually paid for something, development productivity, quality and speed of us reaching the goal increases. There is a lot of work required to port the neural network and/or upgrade it, and I would rather see foundation funds for this type of expense rather than armchair quarterbacks who want reimbursed for conference calls.
  50. 5 points
    Good point and you are right! We are doing this behind the scenes however. We have 2 devs porting the neural network to c++, one dev making the neural network consensus work better, and volunteers have the guts of GRC on the bench working on different ideas for ease of use, cosmetic improvements etc. I realize we may be doing some things backwards, but they are in progress now. Quezs strengths in marketing should not be hampered imo - although I am for the grass roots cost savings, but if its something like $3500 while we havent spent any of the foundation funds on advertising it sounds like a good initiative.
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