I represented the #Gridcoin community during the 216th BeyondBitcoin hangout episode & donated 12500 GRC (~$500) for sharedrop onto the BeyondBitcoin community!

@Officialfuzzy will be distributing the OPEN.GRC (GRC on the BTS DEX) at his discretion, thanks to everyone that attends and contributes towards the #BeyondBitcoin and #Gridcoin steemit communities!

Where can I listen to this BeyondBitcoin appearance?

About Gridcoin

Gridcoin is a cryptocurrency which securely rewards BOINC computation on top of proof of stake.

What's BOINC? BOINC is an open-source volunteer distributed computing platform which utilizes the spare computer resources on 500k+ computers to attempt to cure diseases, map the milkyway, search for extraterrestrial life, and any other kind of distributable computation.

Anyone who needs a serious amount of distributed computing power (100k+ CPUs) almost entirely for free can create a BOINC project to create a distributed cloud service of their own desire (fairly easily) whilst the Gridcoin network potentially rewards your project's volunteers on your behalf.

I covered the following topics during hangout #216

Community

• Team Gridcoin earned 511m credits earned in one day, thats huge! To put that into context the next team on the daily output list managed 238m (half of GRC's output). We're on our way to take 1st place in the all time historical computation leaderboard in approx 70 days!
• The community has organized the printing of physical 3d plastic GRC tokens to commemorate the 1 millionth GRC block!
• We have continued observing a growing userbase, with the majority of the Gridcoin's productivity visible on Slack (Ignore the warning message on signup).
• We have received complaints requesting an increase in moderation of the IRC channel, these have been taken under advisement and the OPs are discussing options.
• We have continued holding Gridcoin community hangouts on a fortnightly basis, the next hangout is the 35th hangout on the 21st July (This Saturday at 9PM BST (compare to your timezone!)). Everyone's welcome to join in!

Voting

• Voting on changing the official Gridcoin logo/branding!
• Leiden classic has been voted out of the whitelist! (Soon to be removed)
• Developer reimbursement - 6 month package - $30/hr
• Whitelist poll: Enigma@Home
• Whitelist poll: Xansons for COD
• Whitelist poll: Sourcefinder
• Anyone can create a poll within the Gridcoin network!

Trading

• In the last fortnight, Gricoin has been trading between $0.02 and $0.04, down from an average value of $0.06 my last appearance on beyondbitcoin #213
• Gridcoin is currently listed ranked 31st on Coingecko!
• When filtering Coinmarketcap by non-premined/non-minable, Gridcoin is ranked 41st!

Development

Continued superblock downtime

• Three leisure updates have been released to patch multiple superblock issues, there have been additional issues observed which are actively being worked on by the Gridcoin volunteer developers. Don't stop crunching though it shouldn't be too long before we've sorted this all out!
• The development branches are far further ahead in terms of development than the current production (even latest leisure) releases. The dev branch will require a mandatory upgrade so we can't release the change without a testnet phase and a large notice period, thus many of the issues in the current production client have been fixed but aren't live yet (so we're currently in a bit of a grey area before the mandatory upgrade).

Recent leisure updates (non-mandatory)

• 'Neural Network' fixes: Folder restructuring, superblock stake inability, minimum project count in superblocks, timezone sync issues.
• Fix speech bug
• Added checkpoint

Gridcoin developers are working on:

• Removal of the mandatory team requirement within the Gridcoin network.
• Massively reworking the superblock & BOINC statistics tracking mechanisms.
• Improved staking, voting, security mechanisms (eta several weeks before we begin large scale testnet phases)
• Improved translations (chinese translation included in the latest client release)
• Improved GUI & branding
• And much more on Github!

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Listen to previous #BeyondBitcoin appearances

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