Hey Gridcoin-Folks,

today, Gridcoin reaches the lowest reward phase with the last reduction of block rewards. The protocol will stay at this level regardless of new and growing BOINC users.

Proof-of-Research consists for one part of Proof-of-Stake paying interest to stakeholders for securing the blockchain and for the other part of Proof-of-BOINC with a block subsidy paid towards active research participants. A comparison of those different proof mechanisms was done by user RTM: https://www.youtube.com/watch?v=SSg2Dt61DQs

At this stage, the Max Block Subsidy is reduced from 75 to 50 GRC.
Interest on positive balances is reduced from 3.0 percentage points to 1.5 percentage points per year.

For details and examples on reward calculation go to
http://wiki.gridcoin.us/Proof-of-Research

As of now, Gridcoin has a working "Research Age" feature which is able to support hundreds of thousands of researchers without mining losses. One month ago, Robert Halford introduced this new feature in a screencast:
https://www.youtube.com/watch?v=_c2V_5t04lg

Discussion: https://www.reddit.com/r/CryptoCurrency/comments/3tknur/today_gridcoin_reward_reduction_reached_lowest/

Regards,
Uscore