Approved: Gridcoin Developer Reimbursement 6 Month Package

@sc-steemit maintains a hell of a site for information regarding past and ongoing polls, along with other goodies. Give it a look and post your own analysis in the comments!

A resounding approval

Best Answer: Approve
Approve: 186 -- 98.5%
Deny: 13 -- 1.5%
Voting Shares: 73 307 443 (15.87%)

Breakdown

198 people voted. That is the most of any Gridcoin poll to date.
15.87% shares accounted for. With the highest whale holding 19.8 million Gridcoin (it is an investor, so no mag). Second highest whale has 8.6 million "shares" or "weight". Shares are calculated by:

((Total coins)/115000/5.67)*(Magnitude) + Balance

In other words, if you BOINC, your weight is determined by your Magnitude and your Client's GRC Balance. If you don't BOINC, your weight is your client's GRC balance.

Total coins is currently ~390mil

If you look through past polls on Gridcoinstats (which I highly recommend, if only for some fun) you will see that we reached this volume of shares, which is relatively high, without the help of several major whales. When I say whales, I mean investors holding in some cases over 30 million GRC. That's about %6+ of the Network's total weight. The developer reimbursement 6 month package is the highest share percentage that I can find that does not include those gigantic whales.

Analysis

This reinforces everything we already know: The Gridcoin Community is growing. We are building something we think is worth building, and other people, it would seem, tend to agree.

Now that the developers are compensated for the time and passion they put into this project, expect enthusiasm to pick up in the coming months (beginning with the v xx.8 mandatory update for windows users), but do not expect the pace of development to skyrocket. As I touched on in my post discussing the proposal overall, Gridcoin is aching for a team to care for it, a team to love it, a team to understand it and its needs inside and out. Our current crew is just that team, but you can't go rushing into a long term relationship all willy-nilly =).

The Team

If you feel so inclined, hop into IRC or Slack or whatever and give some love to the dev team and volunteer guinea pigs. There are many who have contributed and continue to contribute to the project. I have tried to compile a list of those who have been working their asses off this past month developing and testing Gridcoin in the #development channel on slack. I know I've probably missed some people, and I'm sorry = (. Also, devs, if you have a steemit name other than what you use on slack let me know and I'll change it on this post.

Developers:

Rob, of course.
@ravonn
@ifoggz
@bullshark
@brod

Testers:

@quezacoatl
@barton26
@sc-steemit (startail)
@dutch
@gunde
@caraka
@m3rcos1ty

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If you would like to get involved with Gridcoin, or to read up on what is going on with the community, you can check out the following channels serving the Gridcoin network:

• Gridcoin Github Repo - Full source code and development discussions.

• Gridcoin Website Github Repo - Full source code and development discussions.

• Gridcoin Developer Slack - Chat with the devs, as well as general channels for troubleshooting and branding discussions.

• Gridcoin IRC - Join the linked channel, then register with NickServ using the instructions at the top of the page so you can join #Gridcoin. This is required to stop someone else stealing your nickname and the associated GRC.

• Gridcoin Steemit - You are here already! = )

• Gridcoin Homepage - The actively maintained and developed homepage of GRC globally.

• Gridcoin Subreddit - Anything GRC related. The developers read the comments posted here, and will in all likelihood directly address any questions you pose within the day.

• Gridcoin Forum and Main Thread - The ongoing megathread where you are most likely to find the original GRC developer Rob weighing in.

• Gridcoin Twitter - Keep up to date with GRC news.