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Showing 20 of 46 results by Grctest
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Topic
Board Development & Technical Discussion
Re: Bitcoin needs to move to POS. Thoughts?
by
Grctest
on 08/05/2016, 22:34:27 UTC
In a hypothetical scenario where the consensus mechanism has become too centralized, a move to POS instead of another POW mechanism would be beneficial for BTC, IMO.
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Topic
Board Speculation (Altcoins)
Re: [LTC] Litecoin Speculation
by
Grctest
on 27/04/2016, 12:44:53 UTC
I don't see any point in Litecoin anymore.. they had faster blocktimes/conf times & ASIC resistance over Bitcoin, now none of those are selling points over many of the new altcoins.
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Topic
Board Altcoin Discussion
Re: Top 5 Altcoins to collect
by
Grctest
on 27/04/2016, 12:42:37 UTC
Gridcoin https://gridcoin.us and Bitshares are my main two altcoins I'm invested in.
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Topic
Board Altcoin Discussion
Re: Gridcoin vs curecoin
by
Grctest
on 25/04/2016, 23:41:36 UTC
Do I have to register with a team to get my curecoins or can I leave it team 0?

For CureCoin, you MUST be folding for team 224497 (CureCoin Team) in order to earn CURE
Why not open curecoin up to all teams?
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Topic
Board Altcoin Discussion
Re: Gridcoin vs curecoin
by
Grctest
on 25/04/2016, 23:08:55 UTC
Foldingcoin is better than both of them but thats just my opinion
Foldingcoin has a central issuing authority though.

It'd be very cool if we could port folding@home's user statistics to the BOINC scoring system in order to earn GRC for folding.
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Topic
Board Altcoin Discussion
Re: Gridcoin vs curecoin
by
Grctest
on 25/04/2016, 23:06:39 UTC
I invested in curecoin and then found out about gridcoin. Both are "help the medical world" coins. Which one has better LONG term prospects and why? Are there other coins in this sphere?

It depends whether Gridcoin plans on rebooting again and confiscating any coins that aren't burned, again. Yeah, I missed out on this and lost a bunch of GRC that I'd mined back in 2014. Just something to be wary of.

http://wiki.gridcoin.us/Gridcoin-Classic

- Former Gridcoin holder, now empty bagholder.

On one hand, the burn period was 6 months long during a switch from proof of work to proof of stake, it was pretty difficult not to know it was going on.

On the other, lessons learned - proof of burn should be performed via snapshot & import wallet sharedrop method (like BTS).

There will be no such transition again though, so you should get crunching again using the pool.

I've been looking into proof of burn on Gridcoin to project rain custom assets onto Gridcoin users: https://cryptocointalk.com/topic/44611-monitoring-selfburn-addresses-for-custom-beacons/
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Topic
Board Altcoin Discussion
Re: What is your current crypto portfolio?
by
Grctest
on 23/04/2016, 11:32:58 UTC
Mainly Bitshares and Gridcoin.
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Topic
Board Altcoin Discussion
Re: Easiest way to create an altcoin for own use?
by
Grctest
on 23/04/2016, 11:23:48 UTC
Launch an user issued asset on Bitshares.
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Topic
Board Altcoin Discussion
Re: If you signed up on the LISK site and received FREE Lisk. You were scammed.
by
Grctest
on 07/04/2016, 20:40:32 UTC
So what were you scammed out of?
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Topic
Board Altcoin Discussion
Re: Hot Coins
by
Grctest
on 07/04/2016, 20:28:26 UTC
In my opinion it's wise to hodl ETH, MAID, BTC, and REP.
good choises but LISK needs to be added
At present Im not convinced of the LISK devs.
Nor am I.. two guys who left crypti & ran a successful ICO off the back of crypti's work. It's the same as forking BTC and creating an ICO for it.
Not confident in LISK at all.
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Topic
Board Altcoin Discussion
Re: Crowdsales -- how to find them
by
Grctest
on 07/04/2016, 19:17:54 UTC
ICO/IPO/Crowdsales are the cancer killing cryptocurrency. Snapshot/Sharedrop or GTFO. Grin
Post
Topic
Board Altcoin Discussion
Re: Can Litecoin Survive the Innovation Wave
by
Grctest
on 07/04/2016, 19:06:31 UTC
Litecoin doesn't even have a counterparty fork.. it's a dead clonecoin. There are dozens of new cryptocurrencies that dwarf litecoin in functionality and innovation. Litecoin had faster block times than bitcoin and ASIC resistance - now ASIC resistance is gone and block timings are a joke compared to Bitshare's 5 second block timing.

The only thing it's got going for it is the current liquidity & ranking on coinmarketcap. The bubble will pop.
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Topic
Board Service Discussion (Altcoins)
Re: Cloud Mining Altcoins
by
Grctest
on 07/04/2016, 18:58:50 UTC
You could use azure/google/amazon free cloud trials to earn Gridcoin by crunching BOINC work units on behalf of team gridcoin.
Post
Topic
Board Service Discussion (Altcoins)
Re: Litecoin no longer has a forum.
by
Grctest
on 07/04/2016, 18:57:47 UTC
Dead clonecoin is dead. It only has liquidity going for it now.
Post
Topic
Board Mining (Altcoins)
Re: Most stable & best coin to mine at the moment?
by
Grctest
on 07/04/2016, 18:51:16 UTC
I'd vote for Gridcoin http://www.gridcoin.us

Gridcoin rewards BOINC computation (CPU/GPU/ASIC - 26 projects & individually rewarded). BOINC has existed for more than a decade, and will continue to exist well into the future - that seems pretty stable to me.
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Topic
Board Mining (Altcoins)
Re: How can I SOLO mine any Altcoin
by
Grctest
on 07/04/2016, 18:49:57 UTC
You can solo crunch Gridcoin pretty easily. There's guides on how to do so on the main website: http://www.gridcoin.us
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Topic
Board Mining (Altcoins)
Re: HELP NEEDED ON CPU MINING.
by
Grctest
on 07/04/2016, 18:48:39 UTC
Gridcoin is a pretty decent crypto to contribute towards - you could crunch BOINC work units using the pool and earn Gridcoin for the next couple decades. BOINC has existed for like.. 15 years now? CPU work will always be available.
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Topic
Board Mining (Altcoins)
Re: Mining altcoin with laptop
by
Grctest
on 07/04/2016, 18:46:48 UTC
Yeah, you can earn Gridcoin http://www.gridcoin.us by crunching CPU BOINC projects with a laptop's CPU.
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Topic
Board Mining (Altcoins)
Re: is there still any point to mine using GPU rigs?
by
Grctest
on 07/04/2016, 18:43:46 UTC
Gridcoin http://www.gridcoin.us (rewards BOINC computation) has had GPU support for a while now. Why waste electricity on hashing with your GPU when you could be contributing to real scientific research?

If you've got Nvidia you can crunch:
GPUgrid: Full-atom molecular simulations of proteins
Asteroids@home: Asteroid research - it uses photometric measurements of asteroids observed by professional big all-sky surveys as well as 'backyard' astronomers. The data is processed using the lightcurve inversion method and a 3D shape model of an asteroid together with the rotation period and the direction of the spin axis are derived.

If you've got AMD you can crunch:
Milkyway@home: Creation of a 3d map of the milkyway galaxy using data gathered by the Sloan Digital Sky Survey. This project enables research in both astroinformatics and computer science.
POEM@HOME: Models protein folding using Anfinsen's dogma

There's also some multi-gpu compatible projects:
Collatz Conjecture: Attempting to disprove the Collatz Conjecture
Einstein@home: Search for spinning neutron (pulsars) stars using data from the LIGO gravitational-wave detectors, the Arecibo radio telescope, and the Fermi gamma-ray satellite
PrimeGrid: Search for prime numbers. Primes play a central role in the cryptographic systems which are used for computer security. Through the study of prime numbers it can be shown whether current security schemes are sufficiently secure.
SETI@home: Search for Extraterrestrial Intelligence (SETI)
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Topic
Board Mining (Altcoins)
Re: Any decent GPU/CPU only coins to mine?
by
Grctest
on 07/04/2016, 18:21:34 UTC
Gridcoin rewards BOINC computation - there are dozens of CPU projects & a few GPU projects (all projects are rewarded on an individual project basis). Worth looking into - it's funner crunching BOINC because you're contributing to scientific advancement/research instead of burning electricity on POW.