RE: Real world usage of Gridcoin? Donate in GRC, buy products/services, trade, ...

You are viewing a single comment's thread from:

Real world usage of Gridcoin? Donate in GRC, buy products/services, trade, ...

in gridcoin •  7 years ago 

People can already buy computing power with all the available cloud computing platforms like Google, Azure and AWS. What would be the benefit of buying computing power to use through BOINC when sensitive info is sent out to everyones machines?

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

I agree that sensitivity of data is one of the problems. AWS, Google is tough competition - but there was a day when Google, Amazon and Facebook were tiny. Golem team, some developers and investors believe there is space for decentralized computing services.

Where the value of gridcoins is to come from? Now it's mostly based on speculation, but like for Internet companies the bubble will end. What is the point to have just another, secondary BOINC credit (badge)?