The Fireside Chat Episode 08 - CBR + MRC + SideStaking

jringo (63)in #gridcoin • 6 years ago (edited)

The Fireside Chat 08 - CBR + MRC + SideStaking

The Link

On this episode we discuss Constant Block Reward (CBR), Manual Reward Claims (MRC), and we introduce some economics and the concept of SideStaking and utilizing micro-transaction fees for funding.

Links From The Episode

Gridcoin State of the Network Report
The Mentioned Cat Video
CBR Update #2
CBR Update #1
Up-to-Date CBR Poll Results
An Introduction to Manual Reward Claims (MRC)
An Introduction to a Treasury

Next Episode

Join us for the next episode next Thursday, May 24th, at 8:00pm EST, midnight UTC, on the Gridcoin discord.

Next week, we will be joined by foxifi for a discussion on GRC as a socially responsible currency.

Discussion Topic: Gridcoin - A Socially Responsible Currency

This will be a less technical episode, which may be a welcome break after a stint of protocol focused discussions. Bring your thoughts about how Gridcoin operates and incentivizes an economy based on science.

The Fireside Chat is hosted every Thursday at 8:00pm EST, midnight UTC, on the Gridcoin discord server and covers topics on Gridcoin, cryptocurrency, blockchain, and DELTA.

What is Gridcoin?

Gridcoin is an open-source blockchain that mints and distributes cryptocurrency in relation to the processing power a network participant directs toward data-driven analysis and scientific discovery. Currently, the Gridcoin blockchain is secured through a proof-of-stake protocol and monitors processing contributions to the distributed computing infrastructure, BOINC. BOINC, the Berkeley Open Infrastructure for Network Computing, hosts major institutional computing projects such as IBM’s World Community Grid, SETI, and data from the Large Hadron Collider, alongside projects developed by students, enthusiasts, mathematicians, researchers, and citizen scientists.