You are viewing a single comment's thread from:

RE: Brainstorming new BOINC projects!

in #gridcoin8 years ago

Rain

Project Rain

This is the project I've been working on recently.

'Project Rain' is the practice of distributing crypto assets to BOINC users based on their verified BOINC computation; it was initially devised within the Gridcoin network and has been expanded to multiple cryptocurrencies and all BOINC teams through this BOINC project.

Through this BOINC project, you will be able to match a user's BOINC CPID to their multiple crypto asset addresses/accounts to which you can distribute your asset against.

Think of Project Rain as a new share-dropping vector that doesn't require end-users handling wallet private keys nor providing proof of IRL identity.

What is exciting about project rain is that there are currently over 500,000 active BOINC users and 4 million total registered BOINC users to whom you could potentially distribute your choice of asset.

There are currently 36 supported cryptocurrencies.

The project is pretty much ready to go live, I'm just waiting for improvements to the BOINC password hashing mechanism before proceeding to production.

https://github.com/grctest/project-rain-site

Sort:  

I just thought of something.
If this project exist, and BOINC work can be rewarded as many other cryptocurrencies.
Gridcoin will surely lose interest in it, don't you think?
Or maybe I don't get it...

Ideally Gridcoin would become the base BOINC cryptocurrency that everyone attempts to earn whilst earning multiple other BOINC assets at the same time.

The idea is that when project rain is released, there won't just be the one asset (Gridcoin) being distributed for your BOINC computation but rather like.. 10+.

On one hand it could push Gridcoin to the side, but on the other hand if there's no team requirement you could be earning both assets and you could be selling the non-GRC asset rather than selling GRC. If there's a significant amount of new users drawn to BOINC to earn cryptocurrency then that should be good for Gridcoin.

Ultimately, I pursued this idea because the removal of the team requirement in the Gridcoin network is unlikely - project rain makes DPOR potentially possible across 36 different cryptocurrencies.

Wow, this sounds great. And the github issue thread is quite active.

I really hope this will be implemented soon ! :)

Coin Marketplace

STEEM 0.20
TRX 0.13
JST 0.030
BTC 63713.30
ETH 3389.19
USDT 1.00
SBD 2.62