Exploring The Gridcoin [GRC] with JRingo

in dsound •  6 years ago 


{The Crypto Anomaly Show }

In this episode, I am doing an interview with jRingo who is an active community member of Gridcoin community. He is going to explain what Gridcoin is and what is its purpose. Even if you are familiar with Gridcoin this interview can help you gain the wider picture of Gridcoin and what is being done currently to make Gridcoin more user-friendly.

Jringo has his podcast, The Fireside Chat, if you would love to check it out you can listen to it via this link: youtube.com/watch?v=8sx9fxxsXTk&list=PLC6C5WwdBL4GaXcUfMAFbVyMFKNCgnKcy

Jringos social profiles:

If you want to help scientists, companies and ordinary people by providing your computation power and help them run various calculations and earn cryptocurrency along then Gridcoin might be of an interest to you. Gridcoin achieves this by attaching itself to BOINC - Berkeley Open Infrastructure for Network Computing.

BOINC was built to be an open-source system that supports volunteers and grid computing all around the world. The aim of BOINC is to enable researchers to use the massive processing power of various personal computers and devices. As BOINC is based on voluntarily level which tells us that its users are giving their resources for free, that’s where Gridcoin steps in. Gridcoin has its own blockchain that is pure POS and on the other side it enables people to contribute their processing power to BOINC and as a reward, they get to earn Gridcoin in return.

If you feel like helping researchers, scientists and other people to cure cancer, do various calculations about astronomy, finding new diseases and other similar, but yet important things then understanding BOINC and Gridcoin will surely be of a big importance to you. Even if you don’t have some supercomputer, you can even plug in your old mobile phone or any similar device and start to contribute processing power. Or if you are a developer you could help out within Gridcoin and receive some reward in the end, or even come and join the lovely Gridcoin community.

Connect with Gridcoin:


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Thanks for reaching out to us @canomaly! I had a great time answering your questions.

For the Gridcoin community:

This is a speedy overview of our network, but I think I covered most of the basics and I hope I did right by everyone. Let me know if I misrepresented you, us, or anything Gridcoin in any way so I can be sure to get it right if I (or anyone) do something like this again in the future.

Happy crunching!

No problem, was fun talking with you. Always good to talk to people who are passionate about what they do.

does Gridcoin have any future?

Gridcoin will probably be there in future as long as BOINC is available, keep in mind that BOINC is running from 2002.

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