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Gridcoin-Project / website

Gridcoin Project
https://gridcoin.science
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Proof of Reseach is not a thing. #16

Open jring-o opened 6 years ago

jring-o commented 6 years ago

We mint based on verified research contributions, we do not use proof of research. Thoughts on how to fix this?

tcblack commented 6 years ago

If you mean how do we fix the language: there is an ongoing communication issue due to old information. I kept using the term because it is scattered around on the net in the multitude of info pages about GRC. I'm steering clear of it now.

jring-o commented 6 years ago

the term proof-of-research is misleading at best.

a fix was proposed in the past. we produce a protocol defined kitty of GRC to be distributed to crunchers. we "mine" through proof-of-stake. "mining" is tied to block creation as defined in the bitcoin whitepaper.

any institution with an advisor will know this, and likely see the use of "proof-of-research" as an attempt at hype through exaggerated claims. similar to stock photos and testimonials.