The Gridcoin Fireside #23 - Blockchains and Cryptocurrency Part 4: Incentives and Economics
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The Gridcoin Fireside is a participatory podcast brought to you by DCUni and 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 EST on the Gridcoin discord server.
In this episode we answer the questions:
Gridcoin Marketing and Engagement Initiative
|13:00||Project brief: GPUGrid|
|35:40||Incentives and Economics|
|43:45||Innovation in a Market of Economic Systems|
|56:45||Marketing in a Market of Economics|
This week delta1512 introduced us to the project GPU Grid
GPUGRID is a project that runs molecular dynamics (MD) simulations for scientists in the fields of cancer, HIV/AIDS, neurological disorders and general scientific and lab simulations.
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.
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