The Gridcoin Fireside 06 - Building a Dynamic and Decentralized Economic Structure for Science

jringo (63)in #gridcoin • 4 years ago (edited)

The Gridcoin Fireside 06

Building a Dynamic and Decentralized Economic Structure for Science

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The Gridcoin Fireside is a participatory podcast brought to you by LBRY.Science and the Gridcoin community. It is intended to introduce and explore DLT, cryptocurrency, and crypto-economics from a science oriented perspective.

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Recorded on March 5th

Building a Dynamic and Decentralized Economic Structure for Science

This week we discuss how one might use blockchain and cryptocurrency technology and principles to build a premissionless grant mechanism as part of an entirely new and dyanmic economic structure grounded in a decentralized system of science.

Relevant Thread

What is Gridcoin?

Gridcoin is a multi-incentive permissionless blockchain initiated in 2013. It mints and distributes cryptocurrency in relation to the processing power a network participant directs toward data-driven analysis and scientific discovery, as well as through a proof-of-stake reward mechanism. The Gridcoin blockchain monitors processing contributions to the Berkeley Open Infrastructure for Networked Computing (BOINC). BOINC hosts major institutional computing projects such as IBM’s World Community Grid, SETI, and CERN, alongside projects developed by students, enthusiasts, mathematicians, researchers, and citizen scientists. Access to Gridcoin's computation resources is free, while computation contributors are incentivized with cryptocurrency minted by the Gridcoin protocol.