Gridcoin: The Computation Power of a Blockchain Driving Science and Data Analysis - Proposed White Paper Approved
Results
Yesterday marked the end of the poll on the proposed Gridcoin white paper. Here are the results:
- Best Answer: Yes
- Voters: 213
- Voting Shares: 103,402,571
- Share Participation: 21.88%
- Yes Votes: 194 (98.62% of voting shares)
- No Votes: 5 (1.17% of voting shares)
- Abstentions: 14 (0.21% of voting shares)
While not officially considered in the results of the poll, there were an additional 678 votes in the pool. The pool votes broke down as:
- Yes Votes: 560 (85.92% of voting shares)
- No Votes: 6 (0.32% of voting shares)
- Abstentions: 112 (13.75% of voting shares)
Action
As the poll passed validation requirements, the following actions have been taken:
- The files used to compile the paper have been uploaded to GitHub along with the final pdf: Link
- The paper has been uploaded to the https://gridcoin.us website and a link has been placed on the homepage.
The direct link to the pdf of the paper can be found at:
https://gridcoin.us/assets/img/whitepaper.pdf
Moving Forward
Thank you to everyone for voting. We now have an updated white paper!
The network has spoken with an overwhelming voice. The white paper gives us a point of reference for our collective vision, philosophy, intent, general operation, and overall organization.
If you have any suggestions for edits, please make an issue on the GitHub repo linked above, or bring them up for discussion on a community forum. The paper will be updated accordingly. Major changes to the principal content of the paper will be polled at the discretion of the main contributors named in the original proposal (found here).
There is a rough out line of a blue paper started and open to contributions from anyone. The main discussion is happening on slack. There is no ETA on the blue paper, largely because the Gridcoin protocol is evolving so quickly.
While giving the network itself an internal point of reference, the white paper is also meant to serve as a tool for those who wish to educate others on the vision, operation, and potential of Gridcoin. Use it! If you would like to work as a group, there are a number of community members looking to organize larger initiatives that would help spread Gridcoin to those who would most benefit from its network and protocol. Feel free to reach out on discord or slack!
A white paper is also critical when it comes to getting listed on exchanges. We will definitely be looking into exchange options in the coming weeks and months.
Thank You!
Writing and approving this white paper has been an amazing experience. From gathering input, to writing, to designing, through discussions and disagreements, a sense of focus and community was always present. Here's to the continuing development of Gridcoin.
For Science!
Thank you, @jringo for all the effort you put into this proposal. This is truly an amazing milestone for Gridcoin to have a new updated and modern looking whitepaper to show off. Thanks as well to all the contributors, especially those who worked behind the scenes. This was a real community effort from start to finish and really shows what the Gridcoin community is capable of doing.
I look forward to the work being done in the coming months to get Gridcoin on more exchanges.
Scientia, Humana, Libertas
Thanks @jringo for taking the lead on this project and keeping it alive until the end. Also, thank you for all those who contributed to the project. You all did a great job. Keep up the good work and lets make GRC better.
Great work @jringo! You might want to check your % of voting shares from the results from the grcpool as they are identical to the official poll.
You're right! I misread the pool poll stats. I will fix this when I have a moment.
fixed.
Nice! Thanks that you for your effort and the update! It will definitely help getting more people involved in gridcoin :)
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I know a lot of people wouldn't like it, but i'm the only one that, looking to the past, sees GRC more as a lost chance than as something revolutionary?
I can see how one could get discouraged. On the other hand, I don't know. Let's not mistake "shiny and new" for tangible technological progress beyond what Gridcoin already has. Nowadays there is a glut of shiny new tokens promising to do all sorts of things: decentralize X Y and Z, disrupt this or that industry, etc. And blockchain may well be capable of doing those things. But for now, most of these new tokens have yet to deliver on their promises. So something like SPARC looks all cool and awesome, but they haven't actually done much yet. With Gridcoin though, we already have our own unique blockchain protocol for rewarding distributed computing and scientific research in particular (even if the protocol is still in early stages). With this, we've also made a strong statement that blockchain can be environmentally friendly and contribute to the betterment of science. For the moment, we're still ahead; now's our time to focus our vision and collect the resources to compete with up-and-coming tokens!
Ultimately, even if Gridcoin isn't a success in the long term, IMO it would still have been worth it to work with the community here. It's a lot of fun. No one is presumptuous: we're just a bunch of nerds who love science and technology and want to build a cool blockchain protocol around those interests. A lot of the shiny new tokens out there just don't have a community like that.
Think about the BOINC community. It's been around for like 20 years, through thick and thin. I think Gridcoin will be just as steady and long-lasting, even if our market cap doesn't explode to 100 billion like Bitcoin. (but never say never...! haha. maybe we could catch the interest of some tech giant out there like IBM and get seed funding to really develop our technology base. lol who knows.)
I, for one, am not too worried. There is definitely a lot still to do, but through the work of dedicated parties, and with the power of a full blockchain protocol behind it (instead of a simple erc-20 contract), and of course with a little luck, there is not much that a network cannot accomplish.
I respect your opinion and agree that there have been some hick-ups along the way.
The success of the coin will be determined by what we are doing about it now and how we are going to move it forward. With the great piece of work @jringo and the team have prepared we have a framework for discussion to make these next steps.
It is all about volunteers believing in the strengths of the coin and I hope you stick around to see it happen.
Yes, true, but how can you say that, considering gridcoin is so old and so "cheap" . Anyone interested on this methodology wouldn't just want to invest on SPARC? More promising. Or any new stuff that enters the game with dApps, who look more attractive considering the problems gridcoin has had.
I can't really follow the argument that Gridcoin is "old" and cheap and because of this SPARC would be more interesting to invest in and be a more promising option? Besides why would any new stuff entering the game automatically be better.
On the other hand SPARC and other new coins could change the landscape but it is up to us to work on remaining relevant and adding new capabilities and supporting peripheral to Gridcoin.
It is a very poor argument, but it's human psycology.
This is new and shiny, unlimited potential, and this one has not succeeded, if im going to invest on something, what do you do?
Of course i don't think SPARC is the answer to the Gridcoin paradigm, but i don't think this idea won't get revisited further. And don't take me wrong, im the first very interested on Gridcoin suceeding, but i also think that anyone investing a serious amount of money in gridcoin is not in his right mind.
In the case of Gridcoin, our age actually works in our favor because of how much we have contributed to real scientific findings by this point.
We have recently weathered some major storms and have come out stronger, in that our network is now more resistant for forking.
However, I agree that we do not have any especially shiny, interesting new features that people can really sink their teeth into. Our development has been more of an incremental process rather than any major leap forward.
Having said that, we are still a revolutionary coin because our mining process contributes to the betterment of science.
Yeah, but you see, the problem here is that market its just not rational . So while i do still crunch GRC (because i like BOINC, much more than i like GRC), i just wouldn't invest on it. Thankful to have sold in december cause i needed the money.