The Gridcoin Fireside #1

Distributed Ledger Technology and Gridcoin 4.0.2 (side-staking!)

The Gridcoin Fireside is a participatory podcast intended to introduce and explore DLT, cryptocurrency, and crypto-economics from a perspective of the sciences.

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

Join us every Thursday at 8:00pm EST on the Gridcoin discord server!

Recorded on April 4th

Listen to or download the episode at: https://grcpod.podbean.com/

A crash course introduction to distributed ledger technology, the differences between permissioned and permissionless DLT, where it comes from, and what it enables.

We end by discussing the recently released update to Gridcoin, 4.0.2, and side-staking.

Relevant Links:

https://boinc.berkeley.edu/trac/wiki/BoincOverview

Gridcoin Discord

Don't forget about the bounties!

Bounty 1: Image

We need an image that we can use as a header for posting.

Bounty: 1000 GRC

Themes(you don't need to hit all of them): Data, science, distributed computing, fire,... sides?

Due by: April 11th

Submission: Submit your image by pming jringo on discord

Winner: Chosen by jringo

Bounty 2: Intro/Outro

We need some music to play as an intro and outro to the podcast!

Bounty: 5000 GRC

Requirements: 10-30 seconds each; no vocals

Due by: April 18th

Submission: Submit your sounds by pming jringo on discord

Winner: Chosen by jringo

Time Subject 2:20 Bounties 4:45 DLT 17:00 Permissionless Ledgers - DLT with ideologies and value-system 20:00 Examples of what DLT can do 24:00 The Network Sector - A market of networks 33:00 Brief aside on AWS vs BOINC 37:00 An introduction to DLT incentives 44:20 Gridcoin 4.0.2 45:00 Side-staking and closing thoughts

What is Gridcoin?

Gridcoin is a dual-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/Gridcoin-Research

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