RE: My Thoughts on the Value of Gridcoin
I have responded in depth to this post here. My direct response to your proposal is pasted below. I will be checking comments here and on my in depth response so comment wherever or make a new in depth post! Thanks for the amazing discussion!
Regarding @decayingzombie's Proposed Project Rain (there are 3 so far)
Instead of talking about the dangers of setting up a profit based BOINC project economy, I am going to suggest another way we could help fund projects looking to get some compute done on BOINC while maintaining the absolutely critical aspect of prioritizing volunteer work. If we begin to look more like Golem, iEx, or SONM, what’s the point? If we get into it, I can describe the danger I see in your proposal later. Not saying it’s a bad idea, just that I think it needs to be seriously explored before any action is taken.
This is a copy and paste of my response to @nightshift1134’s post. It’s just a rephrasing of his idea describe in that post. I have added one line from that comment to this one.
This might look like:
We make a project, let's say GRCStarter@home. The data processed by this project changes based on the decision of whoever runs it -- community, an individual, whatever. The Mag awarded to every CPID on GRCStarter@home is based on the average GRCStarter@home RAC of all CPIDs working on the project.
To find out which projects award you how much of your magnitude, type
list explainmagnitude
in the debug console.
Cause:
The project can change data.
Effects:
Topical data processing = good for media.
Can not run out of data, with proper maintenance.
Researchers can submit compute requests to be hosted on GRCStarter@home and they will get the attention of many new users and philanthropic heavy magsters.
Cause:
Low mag users can work on this project to increase their mag. High mag users can work on this project to help new or low mag users.
Effects:
Heavily invested entities can help Gridcoin and BOINC without requiring direct involvement.
Publicly traceable philanthropic competition.
Cause:
The process of getting a new user onto Gridcoin and BOINC is condensed into the clients required to operate Gridcoin and BOINC -- a massive simplification.
Effects:
An additional measure of network health and statistics.
The project website could be a hub of information for new users -- tutorials, FAQ, tech documents, BOINC info, project info, etc.. Education!
What do ya'll think?