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RE: GridCoin got competition?

in #gridcoin6 years ago

BiblePay's code is built to support multiple projects,
World Community Grid (WCG) is the 2nd project supported by BiblePay.
https://www.worldcommunitygrid.org/team/viewTeamInfo.do?teamId=JRD1XTFK92

BiblePay also does not have a research payout issue like Gridcoin,
where a Gridcoin research miner may wait months to receive payment for work done,
all BiblePay researchers are paid daily from the blockchain.

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'issues' is a loaded word, it tends to make people think there is a problem. There is no problem per se, its PoS based so you get rewards in line with your staking frequency, in any mature PoS system small holders have to wait a long time. Fortunately there are a few community run pools to help newbies on their journey. The devs are also working on a potential demand-based payout, the user withdraws research rewards when they want to.

We welcome the competition. After all, more competition means more work to scientific research. If someone is catching up on Rosetta I guess we have to push harder, but it's still a win for either party :)

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