Abstract   A revised version of the proposed research reward mechanism described in [1] is presented. The updates to the mechanism are in response to real-world conditions that limit the normalization

Introduction   We in the Gridcoin community promote our coin as an environmentally-friendly alternative to other cryptocurrencies, but the reality is that even our model of coin minting is insufficient

Abstract   A GRC research reward distribution mechanism based on a normalization of work units (WU) is introduced. The motivations for this mechanism are described in [1], and this proposal generalizes

Hi everyone: Following up on my previous posts, I'd like to explore the possibility of whitelisted ranking projects. This is the centralized approach to solving the incentive problems I have been writing

Summary: A model which distributes GRC directly proportional to FLOP contributions is proposed. This necessitates an equivalence between CPUs and GPUs; this is done on the basis of energy consumption,

Update: the snapshot got me synced. The problem in the image below is the same, except that it says that the sync check passes. Important thing is done, but if anyone has an answer to the other problem

Introduction   Hi GridCoin Community: In my last post, I wrote about why the current GridCoin reward mechanism - magnitude distribution - may not be the most optimal. In a recent post, @fortex pointed

Hi GridCoin Community:    I am writing this post to address what I see as incentive problems inherent in the current magnitude distribution. I describe some of the problems, and touch on Total

It seems terribly unfair and irresponsible at this point. Tens of thousands of GRC minted for almost no work. If we aren’t accountable for our blockchain, then who will be?    Edit: I should

Hi Gridcoin community: A few days ago, I upgraded my wallet to the leisure 3.7.1.0 version for MacOS. I recently restarted my computer and upon opening my wallet I found that it automatically reverted