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1)
Message boards :
Promotion :
SPARC Coins for BOINC! Kings DS
(Message 79841)
Posted 30 Jul 2017 by KingsDS Post: Hello fellow BOINC users! We are launching a service to reward BOINC miners for their completed work units with Ethereum tokens. You can find more about our project at http://kingsds.network/alpha.html Anyone can sign-up for the rewards at http://alpha.kingsds.network . There are no team requirements! The Soft Launch will run for the week of July 30th 2017 to August 6th 2017 at which point we plan to go live! You can contact us at our e-mail: info@kingsds.network with any questions or concerns. Thank you! |
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2)
Message boards :
News :
NSF funds new model for BOINC
(Message 78957)
Posted 12 Jun 2017 by KingsDS Post: I am not worried about my own account, so tying it to my SSN does not address the issue. It is a question of whether governments can monitor it effectively. Your assurances are not enough. When the U.S. Treasury adopts a given cryptocurrency, then I will consider it. You do realize that governments have no capability of monitoring traditional banking networks right? Crypto-Currencies are in-fact more transparent then traditional networks because the government can open its own node on the block chain and monitor all transactions. Something it cannot do with current networks unless it has a warrant. In the same way bank account numbers do not point to an individual unless you have access to the certified authority who created the account, you can have a certifying authority to connect crypto-wallets to identification of the owners of said wallet. In short: A wallet address is no different then a bank account number. In the case of a decentralized block chain the government has more power to monitor transactions. Traditional banking networks are more anonymous and opaque then crypto-currencies are, despite what the prefix 'crypto' would imply. You seem to think the U.S Treasury has any power to monitor private banking networks, which is absurd and completely false. At best they could identify the branch which opened the account, but this is assuming they had access to the transaction in the first place, which they do not. |
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3)
Message boards :
News :
NSF funds new model for BOINC
(Message 78919)
Posted 11 Jun 2017 by KingsDS Post: I don't trust the legality or ethics of any cryptocurrency. They are too suitable for tax evasion, money laundering, and who knows what else. I end my crunching days when they become necessary. There is nothing legally or ethically wrong about crypto-currencies. They do not have to be anonymous, wallets could be tied to your SSN# if you like, which would make them more secure then traditional banking networks. American Dollar bills are used for more illegal transactions, money laundering and tax evasion then blockchains are. Many governments around the world are adopting them not only as they are, but building block chains into their existing banking networks. This is like driving a horse+carriage and saying you don't trust cars. They are the future whether you are interested in them or not, the technology is simply superior for a variety of reasons. If you have problems with the technology I would be happy to discuss its possibilities and your concerns. |
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4)
Message boards :
News :
NSF funds new model for BOINC
(Message 78912)
Posted 11 Jun 2017 by KingsDS Post: Disclaimer: I am a holder of GRC (only $5 worth), but I have no real preference over GRC or other blockchain currencies. I'd like to add that Gridcoin is currently trading at $0.12 USD/ 1 GRC right now. There are also several other currencies based on decentralized processing of real work that are up and coming. It seems not officially supporting a work to currency program is a huge missed income opportunity. I believe if Boinc doesn't officially adopt a blockchain (GRC or otherwise), you will very quickly be out of processing power altogether as miners move to other charity/real work to currency programs such as Curecoin. I believe also that projects will begin move to other organizations that are driving an economy of miners. New and old projects alike will follow the processing power. Quite simply, there is far too much money to be made here, it can't be ignored. Some GRC holders currently own Millions of USD worth of GRC, although it is not completely liquid, it has no where to go but up. |
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5)
Message boards :
News :
NSF funds new model for BOINC
(Message 78872)
Posted 9 Jun 2017 by KingsDS Post: I second the idea of using blockchain currencies to promote VC. If you are looking for computing power to solve problems, there is only one place computing power is being wasted in those quantities: Blockchain Proof of Work Hashing. It is the most logical way to form a competitive ecosystem which benefits scientific projects in need of number crunching power, and the only way to attract serious investment into the BOINC system. |
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