Author Topic: Project Rain - Distributing BTS UIA to BOINC users based on verified computation  (Read 4121 times)

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Offline R

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For anyone that's interested, I've posted a sneak preview of 'Project Rain' in screenshort form (showing off Bitshares on front page).

There's also an extensive discussion brewing regarding Project Rain.

Do join in the discussion!

https://steemit.com/gridcoin/@cm-steem/sneak-preview-of-project-rain-screenshots

Offline R

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I was thinking about how Project Rain could work for Steem.

1. You could create a thread, request users upvote it and distribute the steem dollars raised to BOINC users.
2. A witness (with their increasing SP) or curation group could allocate up-votes to BOINC users. (Though, you cannot vote lower than 1%, so there would need to be a cut off).

I'd love to hear how you think Project Rain could be used in BTS/Steem/(other graphene projects).

Cheers,
CM.
« Last Edit: September 16, 2016, 04:06:27 pm by crypto123 »


Offline R

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What is Project Rain?

'Project Rain' is the practice of distributing crypto assets to BOINC users based on their verified BOINC computation; it was initially devised within the Gridcoin network and has been expanded to multiple cryptocurrencies and all BOINC teams through this BOINC project.

BOINC (Berkeley Open Infrastructure for Network Computing) is an open-source volunteer oriented computing grid that combines the processing power of all individual users for the purposes of scientific research.

Think of Project Rain as a massive new share-dropping vector that doesn't require your end-users to handle their wallet private keys nor require proof of IRL identity.

I discussed Project Rain in episode #172 of BeyondBitcoin: https://steemit.com/beyondbitcoin/@officialfuzzy/guest-signups-beyond-bitcoin-hangout-172-9-9-16-rsvp-to-friday-s-hangout-refer-projects-for-rewards

Why would I 'Rain' an UIA upon BOINC users?
Similar to 'share dropping', Raining an UIA (or even a small % of the total supply) upon BOINC users both distributes your asset potentially further than an ICO or mining phase and purchases an user base with significant computing power at their disposal (Some BOINC users have thousands of cores and/or hundreds of GPUs).

There are approx 500k+ active BOINC users & 4 million+ registered users. There's serious potential to far exceed the scale of distribution that Auroracoin achieved.

Can I make a BOINC project?
You certainly can, anyone can create a BOINC project (there's no central authority behind BOINC project creation).
You could potentially 'rain' an UIA onto your volunteers/workers to encourage further computation or to assign voting weight for project decisions.

Have an idea for a project? Check out this steem thread (now frozen, damnit!): https://steemit.com/gridcoin/@cm-steem/brainstorming-new-boinc-projects-anyone-can-create-a-project-and-reward-their-users-with-gridcoin

What cryptocurrencies are supported?
Currently, 29 cryptocurrencies including Gridcoin, BTS, Peerplays, Heat Ledger & Steem are supported. More cryptocurrencies can be supported before launch if you request soon!

Here's a couple Steemit posts on Project Rain:
https://steemit.com/beyondbitcoin/@cm-steem/project-rain-update-regarding-development
https://steemit.com/boinc/@cm-steem/project-rain-distributing-crypto-assets-to-boinc-users-based-on-their-verified-boinc-computation
https://steemit.com/steem/@cm-steem/gauging-interest-would-you-be-interested-being-able-to-tip-boinc-users-your-crypto-asset-of-choice

Thoughts?
I'd love to hear your thoughts on 'Project Rain' and ideas of how you could utilize this functionality.

P.S. Attention of BTS witnesses!
BTS witnesses, please support the 'GRIDCOIN' MPA by publishing price feeds, please! https://bitsharestalk.org/index.php/topic,22733.msg298931.html#new
« Last Edit: September 10, 2016, 02:15:41 pm by crypto123 »