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RE: Why Gridcoin Should Embrace SPARC "Competition"

in #beyondbitcoin7 years ago (edited)

As @jringo points out none of these "competors" have any products or platforms live yet. They are pure speculations and token sales. They have a theory while Gridcoin has a real viable platform running.

Gridcoin is a free to use, based on voluntary work. We reward projects users on their behalf, no cost for "renters". All our "competitors" want the cost to be handled by the renters.

SPARC openly admits in our reddit forum that their whitepaper is outdated and invalid, right on the beginning of their token sale! That's insane.

I don't think anyone dislikes some competition, I mean we have another 500,000+ users on the BOINC platform that can join any day to compete.

Development is not slow but very much alive and there are going to be paid developers soon enough. The SPARC team has done a very poor job on collecting their facts.

Additionally:
I would never join a project that keeps track of their users by posts on a forum. They have a centralized way if collecting stats and distributes tokens.

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As always, I appreciate your input SC.

I agree that there are many differences between Gridcoin and SPARC. That's the main reason I encourage people to just take their existence at face value and focus on our own project as opposed to putting too much effort into belittling theirs. They're going to spend some time in the same BOINC space as us, ultimately with the exact same short-term goal which is to compensate people for BOINC crunching.

I don't believe the "slow development" comment was meant as a jab so much as stating a reality that goes along with not having paid developers. Rob's compensation proposal going into effect is going to make a huge difference in this area.

But does this permit them to spend time in our Gridcoin space.

The information they're sharing on our Subreddit is relevant to Gridcoiners, so yes.

I think there is a responsibility to keep something so clearly not ready for launch out of this space.

I'm not concerned about other projects "visiting" our space and don't think anyone should feel threatened about it.

What I AM concerned about is the fact that they have:

  • an outdated whitepaper with misinformation, according to themselfs on reddit
  • only going to use their biggest leverage for a short time. They say they will only use BOINC for a short period of time but is the largest pitch they have.
  • highly centralized with no details on how payouts are done or what criteria a user need to do.

If anyone think they should be given a go I think it's only fair to point out these flaws. I'm just saying that they feel very sketchy at the moment, but I hope to be proved wrong.

I wish a fair playing field for everyone and hope this isn't some scheme to lure people of their BOINC credentials.

I would advice anyone that tries them to be aware and NOT us the the same credentials as they do elsewhere. I hope my concerns are unjust

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