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RE: GRCStarter@Home Proposal
The most practical way to look at it is as a clone of WCG.
It is a blockchain ledger, beginning as a centralized project, which distributes processing power to projects which might not otherwise have enough work or participants.
The centralized version determines the distribution of this work based on a running poll in the Gridcoin client.
What's stopping me running many user accounts to earn more than my fair share? I have no doubt that this will be abused by many.
See @applepiie's comment
Were there any alternative names that came to mind before 'grcstarter' ?
This is only a placeholder name.
What? So it's a BOINC project at first but then it becomes its own cryptocurrency/blockchain?
I will be sure to elaborate on the potential of integrating a blockchain into a BOINC project in v2 of the proposal.
Dude first you took my idea 0 to 100, now yiu done went from 100 to 1000! Lol cant wait to see this idea of yours.
haha I hope it works! xD