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Showing 10 of 10 results by mikekolba
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Board Announcements (Altcoins)
Re: Gridcoin (GRC) - first coin utilizing BOINC - Official Thread
by
mikekolba
on 27/02/2015, 17:02:23 UTC
Totally interested here George.  Thanks for your interest.  Would love to see GRC on your exchange at some point.

Mike
Post
Topic
Board Mining (Altcoins)
Re: How to Install, Setup and Mine Gridcoins in Tandem with BOINC [Windows]
by
mikekolba
on 28/02/2014, 15:51:11 UTC
How does this work with the new pool website and pool mining?  How can you GPU mine additional Bionic projects not listed in the projects console?
Post
Topic
Board Announcements (Altcoins)
Re: Gridcoin (GRC) - first coin utilizing BOINC - Official Thread
by
mikekolba
on 16/02/2014, 01:05:19 UTC
I sent a request to have Cryptsy add this coin since this is the most worthwhile/valuable coin out there IMO.  Every exchange should have this coin based on the societal benefits alone.
Post
Topic
Board Altcoin Discussion
Re: Why aren't all coins, sha and scrypt based done like this.....
by
mikekolba
on 15/02/2014, 17:49:48 UTC
Take a look at gridcoin as another example of this.....
Post
Topic
Board Altcoin Discussion
Re: Why aren't all coins, sha and scrypt based done like this.....
by
mikekolba
on 15/02/2014, 17:43:02 UTC
The thought was to keep the current decentralized mechanism for generating coins, but just tie the mining output also to something that has additional tangible value (like curing cancer or creating clean energy, etc).  Doesn't change how a person would use their generated coin or their ability to use exchanges or trade them but gives the mining process some additional inherent value.
Post
Topic
Board Altcoin Discussion
Re: Why aren't all coins, sha and scrypt based done like this.....
by
mikekolba
on 15/02/2014, 17:35:00 UTC
and exactly why they should be tied to a specific purpose Smiley  tie one to clean energy, tie one to cancer research, tie one to seti and astronomy analysis, etc...  Makes a lot of sense to do in so so many ways.

Actually I could eventually see this as a mechanism for allocation of tax dollars.   Bypass the government morons and their pork projects and have us, the people just allocate our "dollars" directly to the projects we want.  Have government budget and spending directly dictated by the people.

Post
Topic
Board Altcoin Discussion
Topic OP
Why aren't all coins, sha and scrypt based done like this.....
by
mikekolba
on 15/02/2014, 17:26:54 UTC
https://www.computingforgood.org/register
http://www.worldcommunitygrid.org/research/viewAllProjects.do

Seriously.  Generate coins by actually using your compute/gpu/asic to work on these math based tasks to

Improve our world.  Cure cancer, aids, improve the environment, improve energy usage, etc...

You can still have exchanges, trade coins, etc but have the coins generation directly tied to specific projects like these so there's additional tangible, real-world benefits.  Certainly would help improve the value of the coins and keep them stabilized?

Makes a lot more sense than what we're all currently doing now with all this current coin generation and speculation..

If we're going to have a nuclear arms race with asic's, might as well cure cancer, aids and improve the world in the process Smiley

My 2 cents.

Mike
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Topic
Board Service Discussion
Re: New Mt Gox Press Release - Feb 10 - they are claiming flaw in bitcoin protocol !
by
mikekolba
on 10/02/2014, 18:33:04 UTC
Follow up question?  Do all the other crypto currencies have the same potential transaction malleability risk? (since they may all be derived from bitcoin in one form or another?)
Post
Topic
Board Service Discussion
Re: New Mt Gox Press Release - Feb 10 - they are claiming flaw in bitcoin protocol !
by
mikekolba
on 10/02/2014, 18:15:53 UTC
Post
Topic
Board Altcoin Discussion
Re: free 5,000,000 doges to giveaway. many dogecoins. like such cute dog.
by
mikekolba
on 27/01/2014, 02:48:34 UTC
New here on the forums but lots of good interesting info!

Here's my DOGE wallet for the giveaway

DSKQTiAFnySGa3chWVYcy2NdamEDHsTU8t

I like what the future holds for these currencies.  Looking forward to getting to the point where I can accept them for my business.

Thanks!

Mike