The Gridcoin Fireside #20 - Blockchains and Cryptocurrency Part 2: Value, Money, Currency

jringo (63)in #gridcoin • 5 years ago

The Gridcoin Fireside #20

Blockchains and Cryptocurrency Part 2: Value, Money, Currency

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The Gridcoin Fireside is a participatory podcast brought to you by the Gridcoin community. It is intended to introduce and explore DLT, cryptocurrency, and crypto-economics from a science oriented perspective.

The audience is welcome to participate through voice-comms or via the discord text chat.

Join us every Thursday at 8:00pm EDT on the Gridcoin discord server.

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Recorded on September 19th

Blockchains and Cryptocurrency Part 2: Value, Money, Currency

This week we discuss how blockchains and cryptocurrency are changing the way we view, use, and define currency, money, and value. We also touch on debt in the world of science.

Time	Subject
2:00	News Team Requirement Removal Testing Continues Gridcoin.world Open for Donations Project Brief Next Week Blockchain Offline Transactions Funding the Running-Costs of Gridcoin.World GRC Listed on TXBit Thor Challenge
18:40	Community Highlight: Roboticmind
19:45	Blockchains and Cryptocurrency Part 2: Value, Money, Currency
26:30	AI and debt?
36:10	Where does crypto get its value?
52:15	Debt in the scientific system
58:15	Gridcoin Grants
1:06:45	Closing Comments

What is Gridcoin?

Gridcoin is a multi-incentive permissionless blockchain initiated in 2013. It mints and distributes cryptocurrency in relation to the processing power a network participant directs toward data-driven analysis and scientific discovery, as well as through a proof-of-stake reward mechanism. The Gridcoin blockchain monitors processing contributions to the Berkeley Open Infrastructure for Networked Computing (BOINC). BOINC hosts major institutional computing projects such as IBM’s World Community Grid, SETI, and CERN, alongside projects developed by students, enthusiasts, mathematicians, researchers, and citizen scientists. Access to Gridcoin's computation resources is free, while computation contributors are incentivized with cryptocurrency minted by the Gridcoin protocol.