Posts by G_UK

1) Message boards : Number crunching : A promotion of the ODLK1 project (Message 105)
Posted 22 Dec 2017 by G_UK
Each cruncher is first assigned a Project Magnitude for each project in the whitelist using this calculation.

Project Magnitude = ((Researcher_RAC/Team_RAC)/Number_Whitelist_Projects) * 115000

Where RAC (Recent Average Credit) is defined by BOINC.

Then to work out their total reward the following is calculated each Superblock (minted every 24-48 hours by the blochchain):

Reward = Research_Age * Magnitude * Magnitude_Unit

    Research_Age = The time from the last minted block the CPID staked in days.
    Magnitude_Unit = The factor that adjusts the coin production for a total daily research reward of 48,000 Gridcoins (GRC).
    Magnitude = The Sum of Project Magnitudes a CPID is running.

In simple terms 48,000GRC are minted each day, these are equally split between each whitelisted project and then within each project they are awarded proportionally to each Team Gridcoin member based on each users project RAC.

To recieve rewards a user must crunch one or more whitelisted project, be a member of Team Gridcoin and either stake a block as a solo cruncher or crunch as part of a gridcoin pool.

It is planned that the team requirement will be removed in the future but currently it is needed to help validate user CPID's and their associated RAC.

The whole process is is transparently and permanently recorded in the Gridcoin blockchain.

The whitelist is required to increase security, fairness of rewards and to focus users resources on active projects.

Examples of reasons why projects are not whitelisted or are currently being removed from the whitelist:

    Sourcefinder: Cannot provide enough work to give all users a fair chance to get work (so it becomes a lottery on who can get the work units).
    Leiden Classical: Restricted new user sign-ups giving an unfair advantage to older crunchers who signed up before the restriction was put in place.
    Sztaki Desktop Grid: Does not fairly distribute work, some users recieve all the work others recieve none.
    Climate Prediction: Does not regularly update user statistics to calculate rewards.

Further information can be found here:

ODLK & ODLK1 are currently being voted on by Gridcoin users on whether to whitelist. If this is positive and and the project thinks they can handle the extra crunchers we should be able to whitelist

We made a mistake whitelisting Sourcefinder and are therefore removing it from the whitelist as explained above. Since then we have been trying to clarify and agree the whitelist requirements with the userbase to ensure it does not happen again.

Team Gridcoin has grown massively this year and now has a combined RAC approximately 5x that of the next largest team*, a project could expect a step change increase of at least 20-25% in processing power when it is whitelisted. We have now acknowledged that this can cause issues and need to more carefully manage the whitelist.


2) Message boards : Number crunching : A promotion of the ODLK1 project (Message 85)
Posted 9 Dec 2017 by G_UK
Thank You.

Ice00 has responded positively on the Gridcoin thread regarding the ODLK1 server.

I will continue to raise the possiblility of getting both ODLK & ODLK1 whitelisted for Gridcoin rewards and hopefully we can get a poll raised for the community to vote on in the near future. I will try and feedback any other concerns or questions that are raised by the community.
3) Questions and Answers : Web site : SSL/TLS Encryption (Message 84)
Posted 9 Dec 2017 by G_UK
Currently the original ODLK site has implemented SSL/TLS encryption to help protect user-site communications.

Will the ODLK1 site likewise be implementing this?
4) Message boards : Number crunching : A promotion of the ODLK1 project (Message 82)
Posted 7 Dec 2017 by G_UK
A good opportunity for the project is to get whitelisted with Gridcoin as this will bring in a lot of crunchers. (The Gridcoin team has the highest Recent average credit of all teams and more than 4.5 times that of second place.)

There is currently a discussion regarding whitelisting ODLK and ODLK1 here:

Input from someone from the project would go a long way to having the projects whitelisted.

In general we require a project that:
- Provides a steady flow of work without significant gaps.
- Has a minimal amount of workunit errors.
- Fairly distributes work to users and allows user sign-ups.
- Preferably uses SSL/TLS.
"Gridcoin is an open source cryptocurrency (Ticker: GRC) which securely rewards volunteer computing performed upon the BOINC platform in a decentralized manner on top of proof of stake."

©2024 Progger & Stefano Tognon (ice00)