The Gridcoin Fireside #10

Voting

The Gridcoin Fireside is a participatory podcast brought to you by the Gridcoin community. It is intended to introduce and explore DLT, cryptocurrency, and crypto-economics from a science oriented perspective.

The audience is welcome to participate through voice-comms or via the discord text chat.

Join us every Thursday at 8:00pm EDT on the Gridcoin discord server.

Catch up on past episodes here.

Recorded on June 20th

Listen to or download the episode here.

Voting

This week we discuss the ins and outs of the voting mechanism.

We discuss its uses, including informing decisions, managing the whitelist, and releasing funds from the Gridcoin foundation. We also discuss how it works through coin-weight and magnitude-weight, along with some problems and ideas on what we can do to improve the system.

Join us next week for a discussion on Gridcoin incentive structures!

The Project Brief

@Delta1512 introduced us to the BOINC project that started it all, [email protected] He educated us on its goals, how it works, its achievements, and what contributing your processing power to the project actually does.

Be sure to join us next week when he'll be introducing the project [email protected]





What is Gridcoin?

Gridcoin is a multi-incentive open-source blockchain. Incentive one, stake rewards, rewards participants for securing the ledger through a proof-of-stake protocol. Incentive two, research rewards, rewards participants for contributing to approved projects hosted on the distributed computing infrastructure, BOINC.

BOINC, the Berkeley Open Infrastructure for Network Computing, hosts major institutional computing projects such as IBM’s World Community Grid, SETI, and data from the Large Hadron Collider, alongside projects developed by students, enthusiasts, mathematicians, researchers, and citizen scientists.

Want to Learn More?

Website: https://gridcoin.us

Discord: https://discord.gg/jf9XX4a

Steemit: https://steemit.com/created/gridcoin

White Paper: https://gridcoin.us/assets/img/whitepaper.pdf

-- Github --

Codebase: https://github.com/gridcoin-community/Gridcoin-Research

Community: https://github.com/gridcoin-community