Post
Topic
Board Announcements (Altcoins)
Re: Gridcoin (GRC) - first coin utilizing BOINC - Official Thread
by
einsteinium
on 01/10/2014, 15:17:55 UTC
Ebola is topical subject, EMC2 is considering making a public donation, we need to know if you are willing to join our campaign as a strategic partner if we carry it forward?


what is EMC2? sorry but i don't know...

edit: just to add this-->

have you seen this link? https://bitcointalk.org/index.php?topic=791247.new#new

gridcoin is without doubt a cause coin...

Thanks for sharing that asdlolciterquit that is the first time I've seen that.  I think there are some other coins with goals that align with Gridcoin very well.

EMC2 = Einsteinium
It is a scrypt PoW where 2% of every block goes to their foundation in perpetuity, proceeds are divided between coin maintenance/promotion and donating directly to scientific projects.  I remember when it was launched last spring, there was a lot of hype around the coin then all the anon coins and asic resistant algorithms came into vogue and people moved on.  I believe they have actually made a donation or two from the foundation but I would have to check on that. 


RTMoney, thanks for that, yes most of what you said is absolutely correct.   The 2.5% collected is distributed for projects (the 2%) and for promotions (.5%), none for coin maint.

Our site highlights most of the donations made.  The absence of our coin creating developer and multiple P&D attacks has lead to many challenges.  The new development team (1 month old) is wrestling with many of those challenges. 

Our mission is to advance science in any way we can, we are reaching out to the community at large and other cause coins in particular to help us to realize our mission.

Gridcoin has indicated (on website) a desire to sponsor science fairs we would love to be a co-sponsor in that regard, we could take the lead or play a supportive role, we are ready to initiate that initiative at any time.

As indicated above, we are also considering making a donation to the Ebola matter, however we need strategic partners to consider it fully as well as to carry it out if approved by a joint exploratory committee made up of reps of the various cause coins that want to consider the matter.