Tonight! on the Gridcoin Fireside -- Building a Treasury System

in #gridcoin5 years ago

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The Gridcoin Fireside

Tonight! August 15th at 8:00pm EDT

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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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Last Week's Episode

Don't worry! There were some technical complications while editing the two hour discussion on wealth distribution in cryptocurrency. The episode should be hosted later today.


Tonight!


Building a Treasury System

A treasury system is a way to raise funds for an endeavor.

Treasury systems are very likely necessary for economic networks to function and grow.

There are several ways to implement a treasury system in blockchain/cryptocurrency networks. There are a few examples in the space already. Others are still being developed.

Gridcoin is positioned to build some fairly unique structures and mechanisms that maintain a treasury system.

Manual Reward Claim Fees are one such mechanism.

The recently proposed gridcoin.world verified side-staking address concept is another.

Others are listed in this thread from almost two years ago.
The Gridcoin Treasury

Tonight we explore it all.

See you soon!

Gridcoin Discord



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There is no project brief this week. Join us next week for a discussion on World Community Grid!



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.

Want to Learn More?

Website: https://gridcoin.us
Discord: https://discord.gg/jf9XX4a
Steemit: https://steemit.com/created/gridcoin
White Paper: https://gridcoin.us/assets/img/whitepaper.pdf

-- Github --

Codebase: https://github.com/gridcoin/Gridcoin-Research
Community: https://github.com/gridcoin-community

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