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Marco Nilsson

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About Marco Nilsson

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    Gridcoin Moderator

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  1. Gridcoin Future Technology Base

    The upcoming release will fix at least one, possibly two, silent shutdowns which affected Windows users only.
  2. Gridcoin Future Technology Base

    We cannot do global credits as the credits are given out locally per project. For the sake of clarifying what I'm aiming for, consider that we have two projects in the whitelist; SETI with 100k credits gained in the last SB, or some other time period of our choice, and WCG with 50k credits gained. On the next SB SETI has declined to a credit increse of 80k, giving it a 0.8 shares of the SB's magnitude. WCG on the other hand now increased its credits from 50k to 70k, giving it 1.4 shares of the SB: - SETI: 100k -> 80k = 0.8 - WCG: 50k -> 70k = 1.4 Assuming 50000 available magnitude to be allocated: - Total shares in SB: 0.8 + 1.4 = 2.2 - SETI: 50000 * (0.8 / 2.2) ~ 18181 magnitude allocated - WCG: 50000 * (1.4 / 2.2) ~ 31800 magnitude allocated - You provided 250 credits to SETI this SB so you get 250 / 80000 * 18181 = 56.81 magnute from SETI - You provided 0 credits to WCG so you get nothing If that makes any sense. If a project does not increase (due to lack of WUs for example) it gets no magnitude allocated to it. If you decide to switch projects you do not lose magnitude provided that the projects give out reasonably similar proportional local credits based on work done. It does heavily favor magnitude to new projects which see a sudden rush of researchers. Not sure how to combat that. I'm hoping my proposal can either be tweaked to make it somewhat foolproof or shot down entirely so we can focus on something better. This, along with the Linux magnitude scraper, can be implemented in the current client as well if we wish to do so. Edit: @huppdiwupp pointed out that this will even increase the incentive to project hop. The idea might not be doable.
  3. Gridcoin Future Technology Base

    Currently we allocate magnitude evenly across projects. This has indeed shown to be an issue when a project runs out of work. The lucky ones who crunched the project are then rewarded fully until their RAC decays. This also means that in order to maximize profit you have to continuously chase the projects with the least competition. This goes against the spirit of the coin and I would sleep a little bit better if I could just pick the projects I'm interested in and be rewarded fairly. So, my proposal is that each project is allocated magnitude based on how much it has progressed since the last superblock. Then each researcher is allocated magnitude based on how much they helped that project progress. I know it's not perfect but in my opinion it is a more fair distribution than the current one. If a project stops handing out WUs then that project is not allocated any more magnitude. If you switch projects you get credited roughly the same as on your previous project since it's all about pushing the project forwards. This also removes the RAC buildup/decay. There are at least two flaws in my proposal: - WU hoarding - How do you determine project progression on new project? I see WU hoarding as a non issue in the long run, but the initial progression increase must be solved in some way. Right now I don't know how.
  4. OS X builds - Feedback & Bug Reporting

    I'd like for us to include OSX builds in the Travis build process. Can anyone help us out with that?
  5. New Coin Launch Announcement - GRC - GridCoin

    If I got the URL right it looks like we can't access their stats. Or their servers were down:
  6. The one thing missing to GRC

    Nickname: ravon, denravonska Real Name: Marco Nilsson Nationality: Swedish University Degree: N/A Profession: Software Engineer Professional Experience: Embedded construction machine control system (15y), Industrial, automotive and naval data logger (3y). Language specialisations: C++, Python Me and Gridcoin Joined: August 2016 Tasks: Development and administrative development tasks.

    Yeah, my scribbles in gedit are way too ghetto. Need a proper tool, or at least an easy to use spreadsheet.
  8. New Coin Launch Announcement - GRC - GridCoin

    Directly to the bounty claimer is probably easiest.
  9. New Coin Launch Announcement - GRC - GridCoin

    It will be difficult to implement since the wallets have no idea who owns what. It is technically possible to do it like gridcoinstats does but it comes a cost on both RAM and performance. It is much simpler to just pay everyone the same for the same work done. Regarding mixing age into the formula, that was remove when we switched to the _previous_ stake engine (V3) since it was insecure. Move your wallet to cold storage for a few months and get a big stake boost when you come back.
  10. New Coin Launch Announcement - GRC - GridCoin

    You need to go to their site and make a donation. It will give you an address to where you can send the exact amount specified. Me and bullshark donated earlier today. /Marco
  11. New Coin Launch Announcement - GRC - GridCoin

    You can use one of the V8 stake winners. He's sitting at 1.2k GRC now, if that's enough. https://gridcoinstats.eu/cpid/563266a68be74bc9edbaf1fe8304c8f3 2k should stake once every week on average. Unless my calculations are off.
  12. New Coin Launch Announcement - GRC - GridCoin

    I wish I could take the credit but my graphics card did all the work :(
  13. ROI (Return On Investment

    @Mark Patton gridcoinstats is developed by @startail. It uses the blockchain (edit: and project stats) to derive information about your magnitude, balance, owed amounts and staked blocks. It has zero control over the chain itself and cannot alter your magnitude. What it shows as your magnitude comes from the data it downloads from the project servers at the time of a superblock and is not a value that's updated in realtime. The site updates when it gets new information. Some projects, like SETI, can even take months to validate work units and credit your account. Those work units will not affect your mag until they are verified.
  14. New Coin Launch Announcement - GRC - GridCoin

    @Erelas That comparison swings both ways though. In order to gain the same stake weight with magnitude and stake every other day you need to invest in enough hardware to get 20000 mag. That is something only the pool can do and that's only going to get harder. People are vastly overestimating the significance their magnitude has on their stake weight. Yes, it is not ideal to have to invest a lot in order to stake and claim your rewards. There are three proposals being discussed right now: - Use your beacon to stake, with a weight either based on magnitude, researched owed or a combination. - Pay everyone above a certain owed threshold in each superblock. - Implement a system where users can manually claim their rewards like on Steemit. Each have their pros and their cons. V8 had to be implemented, there wasn't any way around it. Now we need to see how we can make it so you can get paid in a reasonable time frame without investing a fortune.
  15. New Coin Launch Announcement - GRC - GridCoin

    That's right, and it's less of a debuff the more people we get since everyone's mag keeps declining. Based on past test I would not be surprised if the end result is that you need 10k GRC to stake daily. Edit: No, it'll be closer to 20k.

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