Post
Topic
Board Announcements (Altcoins)
Re: BiblePay | 10% Charity | POW/PODC | CPU/Cancer Mining | Sanctuaries
by
nsummy
on 19/01/2019, 23:51:06 UTC
We wouldn't have spent so many hard hours on PODC if we knew we were retiring it.  It felt like the way to go when we were creating it, but maybe its better that Gridcoin takes this part of the market. 

No sense in bashing each other over this - lets all calm down and try to get along.

The bottom line is, let's face it, we had an original vision that any old PC could mine BiblePay right on the CPU with the original POBH algorithm.  The only thing that stopped us was the botnets copied our software out to hundreds of PCs and we didn't like our standard users getting hurt like that.  With POG, we go back to that original vision.  So please dont be upset, just switch to POG.  The idea is thousands of commodity PCs and users can participate without any mining knowledge, its great!

For anyone new to Proof of Giving (POG), here are some references:

Past Discussions:
- https://forum.biblepay.org/index.php?topic=319.0
- https://forum.biblepay.org/index.php?topic=323.0
- https://forum.biblepay.org/index.php?topic=327.0

Testnet thread:
- https://forum.biblepay.org/index.php?topic=335

Wiki Pages:
- https://wiki.biblepay.org/Proof-of-Giving-for-Beginners
- https://wiki.biblepay.org/Proof-of-Giving-II

Thanks for posting this, I have been confused by all of the POG talk.  Honestly though this, coin gets more and more confusing.  I know that's a common complaint but I read both of these wiki pages and it makes little sense.  If this requires a centralized pool whats the point of it even being a crypto currency?  I think the developer(s) are honestly chasing their tail.  There isn't a single coin out there that "whales" haven't exploited.  And I hesitant to even use the word exploit, since they are just following the rules.  The fact of life is that those with more resources have the ability to earn more.